Report
Global hiring trends in 2024
How are companies hiring despite economic volatility, skills shortages, and an energy crisis? Discover the hiring strategies of five leading recruitment platforms in 2024.
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Report summary
We spoke to experts at leading recruitment platforms Torre.ai, Supercoder, Nodeflair, Recruiter.com, and hackajob to create this report. We’ve also included our own insights as an Employer of Record software that helps companies onboard talent in other countries.
Some of the things you’ll learn
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The demand for IT skills is increasing
Discover how emerging technologies are impacting the skills businesses need -
The impact of generative AI
Learn which skills companies need to harness the power of Gen AI -
Affordable talent hotspots are forming in software-driven countries.
Find out where to hire to save money while filling skills gaps
Demand for IT skills
Companies are looking for a diverse set of IT skills to keep ahead of emerging technologies and cybersecurity breaches.
IT dominates the job market
“Our study of 13,000 job openings reveals that IT, marketing, finance, training, health care, and outsourcing are the stars, making up 62% of the job market. Notably, a staggering 54% of these opportunities are in IT.”
Established and emerging talent hubs
These regions have long been synonymous with tech talent.
Emerging talent hotspots
Increasing numbers of companies are hiring in emerging markets over traditional talent hubs.
Evolving compensation trends
The demand for specialized tech roles, such as cybersecurity and AI, is driving up compensation.
Soaring demand for cybersecurity professionals
"Demand for cybersecurity professionals has soared in previous years, enjoying a 350% increase in positions over the past decade. With this demand, engineers within the cybersecurity industry will likely be among the top-paid over the coming year."
Compensation across regions
The average salary for software engineers varies widely across regions.
Impact of location on compensation
Despite the increase in compensation for specialized skills, tech salaries still vary widely across regions.
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hiring in 2025
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Multiplier effectively addressed our challenge of employing talent outside the United States, specifically Canada. Their platform offers immense advantages and prompt customer support when we inquire about international hiring and the necessary benefits for our overseas employees.
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Multiplier gave us a chance to work with an employee and onboard in Germany. It provides a lot of business opportunities for mid and small-size companies. It's a user-friendly tool. When a user has a question, customer support is very quick to respond and support you.
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