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How is Tech Talent quality vs. cost measured?
Scoring Tech Talent 2024
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2 Minuten lezen
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Assessing the quality of a labor market is challenging because no standard metrics exist.
Since salaries are the largest expense for most companies seeking tech talent, the quality of that tech talent is becoming one of their most important considerations. Figure 34 plots a quality assessment for software developers against their average salary by market to illustrate this trade-off across the top 50 tech talent markets.
Software engineer quality was measured by the number and concentration of software engineers with three or more years of experience and who graduated from one of the top 25 computer science schools in the U.S. and top five in Canada, as determined by U.S. News & World Report. The highest-cost markets (San Francisco Bay Area and Seattle) also have the highest concentration of quality software engineers. Nevertheless, good, high and very high concentrations of quality software engineers are available in relatively low-cost markets, providing a range of options. Due in part to exchange rates, the Waterloo region and Vancouver in Canada provide the best value when it comes to cost and quality, followed by Madison, WI and Pittsburgh in the U.S.
Salaries are the largest expense for most companies seeking tech talent, the quality of that tech talent is becoming one of their most important considerations.
The following chart plots a quality assessment for software developers against their average salary by market to illustrate this trade-off across the top 50 tech talent markets.
Tech Talent Quality vs. Cost Analysis
The highest-cost markets (San Francisco Bay Area and Seattle) also have the highest concentration of quality software engineers.
Nevertheless, good, high and very high concentrations of quality software engineers are available in relatively low-cost markets, providing a range of options.
Due in part to exchange rates, the Waterloo Region and Vancouver in Canada provide the best value when it comes to cost and quality, followed by Madison, WI and Pittsburgh in the U.S.
Figure 34: Estimated One-Year Company Costs by Market (500 Employees; 60,000 Sq. Ft. of Office Space)
LinkedIn Disclaimer: LinkedIn Talent Insights data is derived by aggregating profile data voluntarily submitted by LinkedIn.. As such, LinkedIn cannot guarantee the accuracy of LinkedIn Talent Insights data.
* Concentration of software engineers/developers with 3+ years of experience that have earned degrees from the top 25 computer information science programs in the U.S. and top 5 in Canada relative to total software engineers/developers, as rated by U.S. News & World Report.
** Data in US$.
Figure 34: Tech Talent Quality vs. Cost Analysis
Salaries are the largest expense for most companies seeking tech talent, the quality of that tech talent is becoming one of their most important considerations.
The following chart plots a quality assessment for software developers against their average salary by market to illustrate this trade-off across the top 50 tech talent markets.
Tech Talent Quality vs. Cost Analysis
The highest-cost markets (San Francisco Bay Area and Seattle) also have the highest concentration of quality software engineers.
Nevertheless, good, high and very high concentrations of quality software engineers are available in relatively low-cost markets, providing a range of options.
Due in part to exchange rates, the Waterloo Region and Vancouver in Canada provide the best value when it comes to cost and quality, followed by Madison, WI and Pittsburgh in the U.S.
LinkedIn Disclaimer: LinkedIn Talent Insights data is derived by aggregating profile data voluntarily submitted by LinkedIn members. As such, LinkedIn cannot guarantee the accuracy of LinkedIn Talent Insights data.
* Concentration of software engineers/developers with 3+ years of experience that have earned degrees from the top 25 computer information science programs in the U.S. and top 5 in Canada relative to total software engineers/developers, as rated by U.S. News & World Report.
** Data in US$.
Good, high and very high concentrations of quality software engineers are available in relatively low-cost markets.
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Contacts
Colin Yasukochi
Executive Director, Tech Insights Center
Julie Whelan
Senior Vice President, Head of Occupier Research
Jamie Georgas
Executive Managing Director, Mid-Atlantic
Erica Stricker
Group President, Technology, Media & Telecom Sectors, GWS Enterprise
