Cloud, Development and Architecture: Q1 2024 Market Report & Salary Guide
by Kar Yau
What are the talent trends in cloud, development, and architecture in 2024?
The market dynamics in Q1 saw a slow start to the year, with processes moving at a sluggish pace. The market has been heavily saturated with candidates due to a surge in redundancies towards the end of last year, making it extremely competitive for job seekers. Many individuals affected by these redundancies are still struggling to secure suitable roles, leading to an imbalance between job availability and the number of candidates in the market. However, we are seeing a steady increase in job flow as the year moves forward which sets us up positively for 2024.
This comprehensive report shares key observations in the insurance and financial services sector, highlighting how trends such as redundancies, onshoring vs offshoring, and tech transformations are impacting the talent landscape.
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