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15 Recruiting Trends in the Post-Pandemic Tech Job Market

by PRC Agency PR
15 Recruiting Trends in the Post-Pandemic Tech Job Market

We analyzed U.S. jobs data from over 10,000 companies between 2019 and 2021 looking for recruiting trends. We made some surprising discoveries about who’s hiring and where, how companies are reacting to the tech labor shortage, where the industry stands on the employment gender gap, and more. If you’re curious what other companies are doing now and which recruiting trends you should follow, this may help.

How this tech jobs report is unique:

First, we collected job listing data directly from over 10,000 companies and analyzed them for trends. We’re the only ones with access to our data, so our findings are unique.

Second, we use our own internal research and language models to deconstruct and categorize the data. Most of the market reports you read are based on government data. They use job titles (which can be deceiving) and basic company information as the basis for their analyses. We go much deeper than that. 

We annotate job outcomes data by job type, company, applicant, and application sources. Our language models enable us to deconstruct each job description by language attributes, job type, skills, and qualifications. And we look at job location and multiple employer attributes, not just company name. 

All of that is to say that this report goes much deeper than the occupational and industry classifications available in government data. It’s how we’re able to identify certain recruiting trends in the tech industry. For example, not only how requirements are changing but how they’re changing for specific job types, company types, and even locations. 

If you'd like more details, please read our full article. In the meantime, here are some highlights:

1. Open tech jobs received a median of 120 applicants in 2019 but only 77 in 2021!

2. There were 81% more tech jobs advertised in 2021 than in pre-pandemic 2019.

3. Only about 25% of tech job applicants were female.

4. The employment gender gap grew wider as the seniority of a tech job rose.

5. 80%+ of all applicants to tech jobs come from organic sources (e.g., company career sites, LinkedIn, and online job boards).

6. Yet applicants from referral programs are 2.5x to 18x times more likely to get hired than applicants from organic sources.

7. Meanwhile, 85% of female applicants to tech jobs apply using organic sources.

8. Remote hiring is exploding (e.g., up 300% at Fortune 500 companies) and changing job requirements (e.g., 221% increase in requirements for remote team management).

9. Smaller companies are driving most of tech job growth, not Fortune 500 or public companies.

10. Tech job growth is higher in emerging tech hubs like Miami and Salt Lake City than it is in traditional powerhouses like Seattle and the San Francisco Bay Area.

11. 25% more tech jobs do not require a degree today than they did in 2019.

12. But while degree requirements are down, requirements for cloud certifications are up.

13. Companies are turning to title inflation (e.g., adding ‘Senior’ to a mid-level job) during the tech labor shortage.

14. Soft skills and generic job requirements are decreasing, although corporate cliches and jargon are still everywhere.

15. Amazon hires way more than any other tech company, and they do so in their own way (i.e., bucking some current recruiting trends).

Recruiting trends in the post-pandemic tech industry:

Applicant pools for tech jobs are smaller, female representation in tech hiring is still low, and the employment gender gap gets wider as seniority level rises. These are just a few of the many recruiting trends impacting tech hiring in the post-pandemic era. If you'd like analyses of each of these data points, you can find those in the full article (which, in turn, is actually an overview of an ever larger industry report).


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Created on May 23rd 2022 14:04. Viewed 292 times.

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