Toronto IT Salary Report 2024

The 2024 Canada IT Salary Guide gives both technologists and hiring managers the insights for the Canadian tech job market needed for success in this industry. For this year’s edition, Motion has created a guide that contains analysis and insights exclusively for the Canadian market, with highlights of Toronto as the top city for tech talent in the country.

As of May 2024, salaries have increased by an average of 1% from date of publishing. For the most updated salaries, you can download our National Tech Salary Guide and calculate your desired region's rates.

2024 TSG Canada Pages

 

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Toronto IT Salaries and Tech Market Insights for 2024

2024 content highlights

The Canadian tech industry made tremendous strides and growth through choppy waters in 2023. While salary growth is stabilizing, unemployment rates are far below the national average and quality IT workers still have plenty of opportunities. Motion's 2024 Toronto 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:

  • The Layoffs and Reabsorption of Tech Workers in 2023
  • The IT Hiring Trends and Tech Skills Most in Demand
  • How the Tech Industry is Handling Remote and Hybrid Work
  • Advice from Experts on How to Succeed in 2024

In addition to market insider information that 30 years of experience deep inside the tech recruiting world brings, our 2024 Toronto 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.

INSIGHTS

Tech Market Experts

What tech hiring or job seeking trends
do you expect to see in 2024?
Matt McKinney BW

"In Toronto, the fact that companies are looking to return to the office will actually help tech workers in 2024. When companies only hire people who can commute to the office, it decreases the overall talent pool. Workers living in the city or willing to commute will have a better chance of getting hired in this market."

Matt McKinney

Executive Director

FindITTechRecruiters1

“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.”

Kelsey Prisby

Vice President

John-1

“In 2024, we will see tech workers and hiring managers have a better understanding of how AI tools are impacting their workflows and how to successfully implement them. Artificial Intelligence has the chance to greatly improve productivity across tech, but only if workers are trained properly on what these tools can and cannot do.”

John Rosenbaum

Chief Information Officer
Motion Recruitment | Jobspring | Workbridge

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