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Difficult to find IT talent? Think again. New research from PageGroup shows that 9 in 10 tech professionals are open to new opportunities.
But it's not about getting any new job. The tech talent in Europe looks much further than that. In an “invisible revolution” sweeping the continent, factors such as flexibility, work-life balance and shared company values are coming to the fore.
For our 2023 Talent Trends Survey, PageGroup surveyed nearly 70,000 professionals from around the world. Of these, 28,000 are located in Europe and 10% work in technological positions. To better understand what technology talent really wants, both globally and in Europe, we have created a special edition of our Talent Trends 2023 report focused on technology.
What drives tech professionals?
Competitive pay, flexibility and work-life balance greatly influence tech workers' priorities when choosing a new job. PageGroup's study found that:
- Nearly a quarter of tech professionals in Europe (23%) cite salaries, bonuses and other rewards as their top priority.
- Flexibility is at the very top of the list for almost one in five (19%) engineering candidates. For 76% of tech professionals, flexible working hours are a must in a company's flexibility policy.
- More than half (52%) of tech workers discuss work-life balance during job interviews, while a similar number (55%) agree that work-life balance contributes to job satisfaction.
- Tech professionals are increasingly looking for companies that share their values. A striking 90% of Gen Zers and millennials say they would change jobs for this reason.
What does that mean for companies?
Forget about going back to the “old normal”. These changes aren't going away: Companies must adapt to attract and retain skilled professionals while remaining competitive.
The positive news? 61% of European tech professionals are satisfied with their salary. But companies must remain alert. As demand for technical experts increases and the number of qualified candidates decreases, salaries are likely to increase.
But it's not just about the salary. For tech recruits, the human focus is crucial. Employers should take into account the greater emphasis that younger professionals place on personal well-being and therefore create attractive, flexible working policies. While the opportunity to progress is essential, 80% of European tech professionals prioritize mental wellbeing over climbing the career ladder.
Your roadmap to winning the race for technology talent
Although we have highlighted the key insights, the “Invisible Revolution” does not stop there. Our full report provides deep insight into what motivates tech professionals , plus practical tips to help your organization succeed.
Download our European and Global Reports for free today and if you're looking for new talent, call back to speak to one of our expert consultants.
