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Germany
A particularly candidate-driven market where salaries continue to increase at aboveaverage rates
WORLD VIEW 2022
EUROPE
The industry-wide talent shortage is strong , with hiring struggles found throughout Europe . In the UK , the market remains buoyant but Brexit restrictions have made it more difficult for continental employers to hire out of the UK . Salaries no longer vary between western and eastern Europe resulting in remote teams in different locations . Tech talent is increasingly being hired as a complete team , a service delivered by our partners VentureStep as ‘ augmented teams ’.
NORTH AMERICA
North America ’ s talent market has turned somewhat , with significant layoffs as companies steer towards greater profitability . However , this has not eased the talent shortage to anything like the level clients expect ; it ’ s still hard to find good people and salaries continue to rise . Canada is also seeing growth , but as a more established region the candidate market is not as volatile as the US .
ASIA
An exciting region with huge potential , Asia still faces issues with stability and regulation . Finding the right level of specialist candidates in many regions remains extremely challenging . Indian talent is increasingly strong and is commanding higher rates , though relocation remains challenging . Remote work has seen tech specialist candidates more easily integrate into European and US operations .
REST OF THE WORLD
A considerable premium is attached for those able to bring experience from established markets into emerging ones . In Latin America , countries such as Mexico and Brazil are evolving fast , which is likely to drive huge talent demand . Talent continues to be in demand with significant interest in Colombia and Argentina . In Africa , meanwhile , it ’ s Kenya , South Africa and Nigeria that stand out as highly active .
IN ASSOCIATION WITH PENTASIA