The Philadelphia tech industry continues to make tremendous strides and growth even through the choppy waters of 2023. While salary growth is stabilizing, unemployment rates are far below the national average and quality IT workers still have plenty of opportunities on where they want to work. Motion's 2024 Philadelphia Tech Salary Guide pours through the data to give technologists and tech leaders in-depth insights into the most pressing topics inside the tech industry, including:
In addition to market insider information that 30 years of experience deep inside the tech recruiting world brings, our 2024 Philadelphia Tech Salary Guide includes in-depth compensation averages for hundreds of IT job titles. As always, our goal is to provide you with the data and insights you need to make the right decisions in the tech job market and have the proper expectations when hiring top IT talent.
Tech Market Experts
What tech hiring or job seeking trends do you expect to see in 2024?
“While neither the employed nor their employers have the upper hand in the 2023 job market, 2024 will see job seekers and hiring managers coming to a compromise on what is most important in an employment agreement. Companies cutting costs & corners with tech talent will lose out, and candidates may need to consider a more hybrid (versus fully remote) work environment.”
2023 stifled a lot of big initiatives and innovation, given most places we're working with have 60% of the resources they need, but 2024 is poised to make up for that. We've seen the startup boom for a while, but 2024 will likely be about large companies in traditional industries making massive shifts to increase efficiency. 2024 can be a slingshot year for people and their careers if they know where to look and what those places are hiring for in tech.
“Tech workers in 2024 need to have an honest assessment of the skills they bring to the job market. Truly 'A-level' talent still have the opportunity to essentially name their price and work environment, but for everyone else, candidates can’t set unrealistic expectations or risk missing out on otherwise quality opportunities.”