CompTIA’s European Tech Hiring Trends provides an in-depth look at hiring trends across 10 markets: Belgium, Czech Republic, France, Germany, Italy, Netherlands, Poland, Portugal, Romania and Spain. The report is designed as a resource for employers, job candidates, workforce and economic developers, policy-makers, media outlets and more. CompTIA developed the report from analysis of employer job posting data aggregated by Burning Glass Technologies Labour Insights.
As the devastating effects of the global pandemic begin to subside, many economies are returning to a semblance of normalcy with renewed business investment and hiring. Across the 10 markets covered in this report, economic growth rate projections for the year range from higher-end growth in the 5.8% to 6.4% range for France, Romania and Spain, to those on the lower-end in the 3.5% to 3.6% range for Netherlands, Poland and Germany.
Despite a degree of labour market stability across many European countries, the uncertainty of 2020 meant new hiring slowed or ceased altogether. Consequently, with pent-up demand to backfill open positions or to pursue new talent to support growth strategies, there was a significant pick-up in hiring activity during Q1 2021. Compared to Q4 2020, total hiring activity as measured by employer job postings for technology positions increased 9%. Compared to Q3, the increase was 40% - again, reflecting the transition from hiring freeze to hiring resurgence.
In total, employers across the 10 markets covered in this report posted nearly 900 000 job advertisements during Q1 2021 in their efforts to hire for a range of technology professions.
While many employers now hire for skills, expertise and performance, certain criteria, such as years of experience, continue to play a role in hiring. During Q1 2021, employers focused much of their hiring efforts on entry-level positions with a desired years of experience of 0-2 years. It is difficult to determine, but presumably the ‘not specified’ segment is evenly distributed among job levels, with a portion allocated to entry-level, mid-level and advanced-level positions.
Job advertisements for technology positions represented approximately 13% of total hiring advertisements during Q1 2021, up from 11% during 2020. This stems from the ongoing trend of digital transformation and the growing presence of technology across industry sectors and businesses of all sizes. For Q1 2021, Poland experienced the highest proportion of job advertisements for technology roles at 36%. Germany, Portugal and Romania also had above average concentrations of tech hiring job advertisements.
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