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#TechSalaryGap #JobMarketTrends #CareerConcerns Hey everyone! 👋 I've been noticing something concerning lately and wanted to see if anyone else is feeling the same way. When I graduated, my first job offered a salary of around $75k, then I moved up to $85k. Fast forward to now, and I'm seeing roles I’ve done before, with offers as low as $50k—even with a college degree! It's shocking to think that this is considered the new minimum. 😬 What’s going on? Here are a few reasons behind this trend: Increased Competition: The tech job market is saturated with new graduates and professionals looking for work. This oversupply can lead to lower salary offers. Remote Work Impact: While remote work has opened opportunities, companies might adjust salaries based on the cost of living of where the employee is located, potentially lowering pay for those in higher-cost areas. Economic Factors: Inflation and economic uncertainty can also force companies to tighten their budgets, affecting how m... Why are entry-level tech salaries dropping to 50k for grads? Answers: https://lnkd.in/gtrMjDkg

#TechSalaryGap #JobMarketTrends #CareerConcerns Hey everyone! 👋 I've been noticing something concerning lately and wanted to see if anyone else is feeling the same way. When I graduated, my first job offered a salary of around $75k, then I moved up to $85k. Fast forward to now, and I'm seeing roles I’ve done before, with offers as low as $50k—even with a college degree! It's shocking to think that this is considered the new minimum. 😬 What’s going on? Here are a few reasons behind this trend: Increased Competition: The tech job market is saturated with new graduates and professionals looking for work. This oversupply can lead to lower salary offers. Remote Work Impact: While remote work has opened opportunities, companies might adjust salaries based on the cost of living of where the employee is located, potentially lowering pay for those in higher-cost areas. Economic Factors: Inflation and economic uncertainty can also force companies to tighten their budgets, affecting how m... Why are entry-level tech salaries dropping to 50k for grads? Answers: https://lnkd.in/gN9rhUGR

#TechSalaryGap #JobMarketTrends #CareerConcerns Hey everyone! 👋 I've been noticing something concerning lately and wanted to see if anyone else is feeling the same way. When I graduated, my first job offered a salary of around $75k, then I moved up to $85k. Fast forward to now, and I'm seeing roles I’ve done before, with offers as low as $50k—even with a college degree! It's shocking to think that this is considered the new minimum. 😬 What’s going on? Here are a few reasons behind this trend: Increased Competition: The tech job market is saturated with new graduates and professionals looking for work. This oversupply can lead to lower salary offers. Remote Work Impact: While remote work has opened opportunities, companies might adjust salaries based on the cost of living of where the employee is located, potentially lowering pay for those in higher-cost areas. Economic Factors: Inflation and economic uncertainty can also force companies to tighten their budgets, affecting how m... Why are entry-level tech salaries dropping to 50k for grads? Answers: https://lnkd.in/gbgXRGhX

These are the best flexible jobs with good salaries in America right now. Most aren’t in tech Two types of jobs dominate Indeed’s annual list this year: those in the mental health field and engineering positions. #BestFlexibleJobs

The tech industry is entering a new phase of stabilization after years of rapid change. Our 2025 Tech Salary Guide unpacks this shift, highlighting key trends: 📈 Starting salaries for tech roles rose by just 1% in 2024, signaling cautious yet steady growth. 📉 Certain sectors saw declines, reflecting evolving hiring needs. 🌱 A sustainable trajectory replaces the peaks of 2021-2022. Prepare for what’s ahead. Download the guide today and gain insights to navigate the tech hiring market with confidence. 🔗 https://hubs.la/Q02Z-Qd20 #MotionRecruitment #MotionSalaryGuide #ITStaffing #TechTrends #Tech #TechHiring

Stay Ahead of the Curve with the Latest Tech Employment & Salary Trends for 2024! The tech industry is constantly evolving, and it's crucial to stay informed about the latest trends shaping the job market. ProFocus Technology has released an insightful report on the tech employment and salary trends for 2024, providing valuable insights for professionals at all career stages. From emerging tech skills in high demand to salary benchmarks across different roles, this comprehensive report offers a deep dive into the current landscape of the tech industry. Whether you're a seasoned expert or a tech enthusiast exploring new opportunities, this information is key to unlocking your full potential in 2024. Don't miss out on this opportunity to gain a competitive edge in your tech career! Click the link below to access the full report and discover the trends that will define the tech job market this year. Ready to take the next step in your tech journey? Reach out to us today to explore exciting opportunities in the ever-evolving tech sector! 🔗 - https://lnkd.in/gR5yXAYc #TechTrends #EmploymentTrends #SalaryInsights #TechIndustry #CareerDevelopment #JobMarket #TechCareers #Opportunities #JoinOurTeam #EquityTalentPartners

American workers are quitting their jobs at the lowest rate since 2020. The "quits rate" dropped to 1.9% in August, showing that people are cautious about leaving their current roles. Hiring has also slowed, with only 5.31 million hires, the lowest since 2013 (outside of pandemic periods). But here's the twist: job openings actually increased to 8.04 million in August. For companies hiring in the U.S., this means attracting candidates could be harder, as many workers are seeking stability. To stand out, businesses need to offer better job security, benefits, and career growth opportunities. Streamlining the hiring process and offering long-term incentives will be crucial to staying competitive. If you’re navigating this shifting market and need a well-crafted strategy to recruit top talent, just DM :) The Soul Factor Talent Search #TalentStrategy | #RecruitSmart | #HiringTrends | #WorkforceInsights | #USLaborMarket | #EmployeeRetention | #GrowthOpportunities | #StrategicHiring | #FutureOfWork  Image by katemangostar on Freepik

Navigating the IT Job Market in 2024: Realities and Recommendations for Developers The current IT job market is vastly different from what it was just a year or two ago. Back then, developers had strong bargaining power—some even securing salary hikes of over 100%. Immediate joiners had a premium, and the demand was high. But today, things have shifted dramatically. Employers are now more selective, screening out candidates with longer notice periods or frequent job changes. Some companies even request proof of resignation and a confirmed relieving date before extending an offer. For those unemployed for over two months, or with multiple job changes in the last five years, the road is even steeper. Moreover, many tech managers are raising the bar when it comes to expectations, but the reality is that not all developers have been able to upskill at the same pace as their rising salaries. Salary growth is no longer the driving force for job changes—survival is. So, what’s the advice? Be realistic about salary expectations. If you're actively seeking a job, consider settling for a lower salary than your previous one to avoid prolonged unemployment. Upskill and prepare. Whether you're employed or on the bench, now is the time to sharpen your skills and consolidate your learning. This isn’t just about growth; it’s about staying competitive and surviving in a tough market. Adapt to employer expectations. Flexibility and a willingness to meet the demands of today's market are key to keeping yourself relevant. Stay grounded and focused—it’s not just about thriving anymore, it’s about surviving. #ITJobs #JobMarket2024 #TechCareers #JobSeekerTips #DeveloperLife #Upskilling #CareerSurvival #TechHiringTrends

White-Collar Jobs Freeze Triggers MBA Applications Boom: Applications to MBA programs jumped 12% in 2024, with full-time programs surging 32% to decade-high levels, WSJ is reporting, citing the Graduate Management Admission Council's latest survey. Top-tier U.S. schools reported significant gains, with Columbia Business School seeing a 27% rise and Harvard Business School applications climbing 21%. So what's behind the surge? The story adds: Today, the U.S. job market is strong, and unemployment remains low. But lower wage positions in retail and dining, as well as healthcare and government, have fueled much of the labor market's growth over the past two years. A white-collar job market downturn that began with tech workers in 2022 has spread to other sectors. Major employers including Goldman Sachs, Lyft, Microsoft and PricewaterhouseCoopers have laid off a combined tens of thousands of workers this year. Hiring for roles that usually require a bachelor's degree dropped below 2019 levels in recent months, according to payroll provider ADP. That slump has been steeper for 20-somethings, who are running into a bottleneck on the lower rungs of the corporate ladder as more established professionals stay put. Read more of this story at Slashdot.

😱 In 2024 so far, job switchers have seen a 5.6% rise in pay, while job stayers have only seen a 4.9% increase! ⭐ Job switchers can get ahead in salary bumps compared to those who stay at their current jobs which highlights the importance of staying in tune with new opportunities. ❓This applies broadly, but I'm specifically interested in #software #developers experiences here. Have you found this to be true? 🫠 Looking for work sucks and applying to jobs is pretty soul-sucking. Especially in this job market. If the above stats ring true, then our app is even more helpful as an always-on source of well-matched roles. Let me know your thoughts, and give our AI Career Agents a try: https://lnkd.in/g5y7SFgf