Talent Monogram

A global salary guide for tech and digital professionals

Don't get us wrong, money matters, but there's much more to a job than what you get paid. In our More Than Money Salary Guide 2022, we uncover the average salaries and contract rates for the most in-demand tech roles in the regions Talent operates in globally, and explore what candidates and hiring managers need to know beyond the money, to best navigate this market.

Are you being paid what you’re worth?

Our experts interact with hiring managers and candidates daily, giving us unique, real-world insights into the latest salary and benefits trends.

A look into the global market

The global technology market is evolving and growing. As a $5 trillion global industry, it has significant power in both providing opportunity to the workforce as well as rapidly disrupting the international work landscape.

Emerging technologies in the way of artificial intelligence, IoT, big data, and automation are disrupting global industries and generating significant demand for professionals with appropriate technology skill-sets, however over the last two years, there has been a struggle to attract top tech talent due to border closures and a shortage of qualified candidates.

Now that candidates are resigning en masse as part of the "Great Resignation", it’s crucial for companies to keep their best people on board. According to a 2021 Microsoft Work Trends Index report, 41% of the global workforce are likely to consider leaving their current employer within the next year. With candidates in the driver’s seat, companies must ensure they are offering competitive salaries if they want to retain their best performers and attract top talent.

It doesn’t stop with the money though. There’s more to it than that. A rewarding work environment, flexibility (a non-negotiable), benefits & perks, and opportunity for progression must also be on offer.

To uncover what’s happening in your market and what you can do as a company to get ahead, click through to your region for our local market insights:

Explore the data

AUS

It's a good time to be working in technology in Australia. With demand for tech professionals high across most sectors, we're seeing salaries increase at unprecedented levels across the country. We break down each major city in detail.

Learn more

DE

Germany is a European powerhouse. Explore how the nation’s capital is rapidly becoming a mecca for European startups and discover what’s new on the Berlin tech scene.

Learn more

NZ

Tech talent is in demand in New Zealand. From closed international borders to skills shortages, those who possess the right skills hold all the power. Discover what’s happening across NZ’s major tech hubs.

Learn more

UK

In another year of uncertainty, how has the tech market held up? Find out what’s happening in the tech hiring market across each region in the UK.

Learn more

US

From the East Coast to the West Coast, we uncover the latest tech insights across the US while we explore the continued impact of the pandemic on the hiring market.

Learn more

Key takeaways

20%+

Globally on average, counter-offers for tech roles are up 20-30%

2+

Most candidates have 2 or 3 opportunities on the go at any given time

15%+

Tech salaries are increasing 15-30% on average globally

WFH rules

The ability to work from home is a non-negotiable for most candidates

Data is king

Top skills in demand include Data Analytics, Python (Programming Language), and Cybersecurity

(source: LinkedIn Talent Insights)

What does this mean for you as a hiring manager?

Total remuneration is about more than money. But what does that mean in practice?  

  • Flexibility is key
    Nowadays people have come to think of flexibility as a given, not a perk. When hiring, ensure WFH, flexi-time and hybrid working environments are on the table.
  • Wellbeing is essential
    Over the course of the last two years, mental health and wellbeing have shifted to the forefront, and that means more than work-life balance, it’s about taking care of your teams day in and day out to beat burnout before it surfaces.
  • Purpose above all
    What is your organisation doing to provide purpose for employees and help them align their work with their personal values and mission?

want to uncover more of our key takeaways?

Click here

What does this mean for you as a candidate?

The tech world is your oyster and your skills are in high demand, so negotiate for what you're worth.

  • Skill up
    Tech employers are seeking candidates skilled in data analysis, programming languages, and cybersecurity to name a few. Keep your skills up to date and you’ll have an abundance of choice.
  • Know your worth
    With salaries on the rise, now is the time to take stock of your pay and potentially renegotiate.
  • Consider culture
    Does your current role provide you with purpose, and is the culture fit a good one? Maybe it’s time to see what else is on offer.

want to uncover more of our key takeaways?

Click here

About the data

In this report, you will find the latest salary data quoted in local currencies for permanent and contract positions in the regions Talent operates in globally, as well as stats on the local tech talent pool, skills trends and the hiring market. Figures are based on data from over 12,500 placements Talent has made in the past 12 months, as well as insights passed on to Talent from our clients, with additional sources cited.

Any repurposing of this data must clearly cite Talent. If you have any questions or comments please email marketing@talentinternational.com

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About Talent

Talent is a global technology and digital recruitment specialist committed to creating a better world of work for all. From simple beginnings in 1995, Talent now connects thousands of tech and digital professionals annually with a diverse range of organisations.

Talent brings real value to people and organisations by building highly skilled and engaged teams, rethinking technology solutions and improving lives by creating a strong sense of belonging.