One of the strongest sectors in Silicon Valley, the tech industry continues to make tremendous strides and growth in 2022 despite the uncertainty of the national economy. With unemployment rates below pre-pandemic levels and the increased acceptance of remote work, IT workers have more choices than ever on what and where they want to work. Motion's 2023 Silicon Valley Tech Salary Guide pours through the data to give tech leaders and technologists 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 2023 Silicon Valley 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.
"For junior-level workers in the tech community, 2023 will be the year of contracting. With some companies looking to reduce costs, contracting will become a way for those getting their start in IT to get their foot in the door and establish experience. Those that thrive in that environment will then have their options open to be full-time or to continue on as a contractor in new positions."
Vice President
With the hybrid office environment being what candidates and companies are looking for in Silicon Valley, businesses are looking beyond the city limits when hiring but keeping their search within a drivable distance of the office. This allows teams to come together semi-regularly for in-person workshopping and teambuilding without needing to spend on costly flights and hotels.
Executive Director
"In 2023, job seekers will be forced to improve their business IQ to find the right role to grow their career. While it's still a great time to be in tech, venture capitalists are starting to be more discerning with their money, so when deciding on a job, candidates will have to go beyond a big salary and look at a business's fundamentals to see if there are any red flags."
Vice President