Tech jobs dominate the highest 25 ‘finest’ jobs within the US, Indeed says
Online job web site Indeed.com’s newest report on the 25 finest jobs within the US discovered that just about half of them are in tech — and layoffs by tech corporations are doing little to offset a unbroken dearth of tech expertise.
Online job web site Indeed this week launched its listing of the 25 finest jobs within the US, and the highest slot went to full stack developer, which affords a median annual wage of $130,000 and permits for a principally distant or hybrid office.
In truth, eight tech jobs had been among the many high 10 positions on this 12 months’s listing, in comparison with simply two tech jobs within the high 10 on final 12 months’s listing. In 2022, tech jobs had been shifting down the highest jobs listing; now, a 12 months later, tech jobs are surging upward.
This 12 months, 11 of the highest 25 jobs, or 44%, had been tech positions. By comparability, in 2022, simply 25% of the highest 25 jobs had been tech-related.
Indeed’s high 10 jobs within the US for 2023
Indeed’s 25 Best Jobs listing relies on three foremost elements:
- Job alternatives: Growth within the share of postings from 2019 to 2022.
- Salary: Salary minimal above the US nationwide common base wage of $58,260.00, based on the US Bureau of Labor Statistics (BLS).
- Workplace flexibility: At least 10% of job postings embrace phrases to point “distant” or “hybrid” work
As with final 12 months’s listing, tech jobs proceed to steer others by way of pay. Last 12 months, three of the highest 5 highest-paying jobs had been tech positions. This 12 months, the 4 highest-paying jobs are tech-related: director of information science ($174,820); machine studying engineer ($153,252); web site reliability engineer ($153,134); and back-end developer ($148,827).
(The final job on within the high 5 by way of pay — senior product supervisor ($147,135) — is a job usually present in tech however can be in a wide range of industries, Indeed famous.)
“Even with instability in the market, the demand for tech workers does not appear to be going anywhere and neither is the industry’s trademark high compensation,” Indeed mentioned within the report.
Not solely do tech roles supply the upper pay than different business jobs, however they tended to additionally supply probably the most office flexibility — an more and more essential trait for job seekers, Indeed mentioned.
In selecting one of the best jobs, Indeed this 12 months added “workplace flexibility” — hybrid or distant work — to its listing for the primary time. Compensation and suppleness proceed to be foundational wants for job seekers with out which well-being at work is troublesome to realize, based on Indeed’s 2022 Workplace Wellbeing report performed by Forrester Research.
The prominence of tech jobs on the Indeed listing comes at a time of cross-currents within the business. Recent layoffs at a variety of massive tech corporations have made headlines, and are prone to have an effect on employees who stay.
According to Gartner Research, these employees could now worry additional layoffs, pushing them to search for work at extra secure corporations. “Some may convert from being passive candidates to active job seekers or at least be more willing to respond to recruiters’ calls, even if they’re not actively looking,” Gartner mentioned in a current report.
Tech employees who’re available on the market are searching for a wide range of issues, Gartner mentioned, together with respect, high quality managers, folks administration, and employer recognition. Also essential: a company’s progress fee, market place, and stability (being recession-proof).
For all of the handwringing within the press recently about tech firm layoffs, Indeed referred to the development as “the great reshuffling,” the place massive corporations over employed in 2022 and are trimming again at the same time as there stays a surplus of tech positions corporations have to fill.
While tech firm layoffs generally measure within the tens of hundreds, usually the positions being reduce usually are not know-how associated. For instance, earlier this month, Amazon introduced it was shedding 18,000 workers, most of whom had been from its human sources divisions.
In truth, there are about 200,000 open tech positions within the US, based on Bureau of Labor Statistics (BLS) knowledge, analysis corporations, and tech business associations reminiscent of CompTIA.
Last month alone, know-how corporations added 17,600 employees, based on CompTIA — the twenty fifth straight month of internet employment progress within the tech business. Overall, the IT business has an unemployment fee of 1.8%, in comparison with the nationwide unemployment fee within the US of three.5%.
“For all the media coverage on tech layoffs in the second half of 2022, tech jobs still dominate Indeed’s list of best jobs for 2023,” Indeed famous. “In fact, they occupy the three top spots in this year’s list when only one tech job made the top 10 last year.”
The high three jobs in Indeed’s report had been full stack developer, knowledge engineer, and cloud engineer. Those positions noticed a more-than-50% uptick within the variety of positions added over the 12 months; in actual fact, knowledge engineer noticed an 80% improve in openings in comparison with a 12 months in the past.
“With previously overconfident tech giants currently overcorrecting, other companies appear to be at the ready to snatch up prime talent, because in reality, every company is a tech company today,” Indeed mentioned. “With this year’s list primarily featuring tech roles, the high demand for technical skills both in and outside of the tech industry is great news for tech workers, but it is also a big sign of where opportunities exist for those starting or switching careers.
Many companies are still suffering from IT skills shortages, particularly for cloud, security, analytics, and automation, all of which call for application development skills, according to IDC. “We expect 9.9% growth year-over-year in the population of full-time developers worldwide as digitization continues to accelerate and permeate all aspects of life,” Arnal Dayaratna, vice president of software development research for IDC.
And layoffs from digital companies are expected to eventually ease, but that won’t solve the IT talent challenge. In key function areas, such as data science, software engineering, and cybersecurity, talent supply remains as tight or tighter than before, according to a December report by Gartner.
In short, digital companies that have laid off tech talent have essentially released them into a hungry labor market. Tech workers still have a choice of jobs, according to Gartner.
“There are many other innovative tech companies they can join,” Gartner said. “In other words, traditional large and mid-size employers haven’t gained the upper hand. The premises of how IT organizations compete in the talent market haven’t materially changed. CIOs should take advantage of the opportunity to hire, if they can.”
To appeal to employees with digital abilities and an entrepreneurial mindset, CIOs should perceive the three impacts of the layoffs: their scale and composition, their impact on the employee-value proposition, and new attraction drivers, in accordance Gartner.
CIOs searching for to draw and recruit high IT expertise now ought to:
- Modify their expertise sourcing and recruitment technique based mostly on the tech/abilities class as a result of expertise availability varies broadly by operate and function.
- Evolve their employee-value proposition by specializing in the elements apart from compensation that employees care about, reminiscent of flexibility, progress alternative and organizational stability.
- Differentiate and strengthen their expertise technique and hiring pitches by highlighting at the moment’s high IT expertise attraction attributes that organizations can supply.
“For example, manager quality, respect, organizational stability, growth rate — these are new and important attributes for attracting and retaining IT talent,” Gartner mentioned.
Another attribute that seems to play a job in attracting expertise entails company range efforts. In a 2022 research performed by Indeed and employer assessment web site Glassdoor, practically two-thirds (62%) of job seekers mentioned they’d contemplate turning down a job supply or leaving an organization if they didn’t suppose that their supervisor (or potential supervisor) supported DEI initiatives.
2023-01-26 23:30:03 Tech jobs dominate the highest 25 'finest' jobs within the US, Indeed says
Post from www.computerworld.com