While there are signs of life in the technology hiring market, things aren’t going back to how they were before, leaving candidates in uncharted waters. In a post-hypergrowth era with high interest rates, 48% of managers are finding it challenging to meet candidates’ salary expectations, often turning to benefits and perks like flexible working to bridge the gap, according to recruiter Robert Half’s latest technology salary guide.
“There’s less churn in today’s market, which means employers are increasingly focused on strategies to keep their best employees and attract new candidates to address skills gaps,” said Dawn Fay, operational president at Robert Half, speaking about the hiring landscape as a whole.