Vacancies

Research reveals that tech roles now make up 14% of all job opportunities in the UK. As the demand for tech talent continues to grow the number of job postings has increased to 45% since the beginning of the year. More than 2 million tech vacancies were advertised over the last year, more than any other area of the UK labour market. In part, this boom in hiring is reflective of the growth seen in venture capital investment into UK tech companies in 2021, a 130% increase to just under $41billion. Roles for software developers continue to remain the most in-demand by companies, while there has also been a strong uptick in hiring for security roles by companies that are adapting to business challenges. 

There are nearly 5 million people working in UK tech start-ups and scale-ups. London continues to have the highest number of tech and digital jobs available, with over 170,000 advertised in Q1 2022 and the highest average advertised salary at £75,223.



Salaries

On average, tech salaries are nearly 80% higher than salaries for non tech jobs in the UK, at £62,000 compared to £35,000 as of Q1 2022. According to Glassdoor, Java Developer is the most popular job in the tech market currently with a median base salary of £55,381 and 1567 job openings. Jobs roles as Enterprise Architect, Product Manager and Full Stack Engineer come second, third and forth respectively.

Skills

Tech roles requiring data skills are becoming increasingly important. Over the past three years, 'data' has moved from third in demand to the most in demand skill across all tech jobs.

Those with skills to build and maintain tech stacks and databases, such as SQL and automation, have a great shot at landing a job anywhere. Key to this is keeping skills up to date. Employers want technologists with data-related skills, expertise in data storage and processing tools can translate to superior compensation.

The skills deemed most valuable for a role in tech are Data, Management, Engineering and Security. Ranked least important are Reporting and Automation.

Hybrid

Since the pandemic technologists’ preference for remote and hybrid work persists. These new lifestyle preferences, coupled with remote job opportunities across the country, have created a bidding war for tech talent among companies in a wide range of industries to stay competitive in attracting technologists. 97% of respondents said that some degree of flexibility whether it be flexible hours or being fully remote enabled them to do their best work.