An intensive new examine into the EMEA area’s tech and IT expertise market from Hays, the world’s main specialist in workforce options and recruitment, has found a possible impending mass exodus of tech expertise from Europe.
Europe has turn into a key supply of IT expertise for corporations with presence within the UAE and Saudi Arabia, notably knowledge, infrastructure, and cybersecurity specialists from Jap and Southern Europe. Hays new examine and report The Tech Expertise Explorer, the results of surveying 5000+ IT specialists throughout 20 EMEA nations, exhibits that an enormous variety of European IT specialists want to go away their present jobs earlier than the top of the yr. The report additionally particulars the the reason why they want to go away, and methods wherein Center Jap corporations can entice these professionals to make the transfer to the Center East.
Key findings from the report:
34% of all European tech professionals to go away their jobs this yr, the 5 essential causes being ‘Wage too low’, ‘Lack of improvement alternatives’, ‘Lack of profession development to this point’, ‘Lack of long-term alternatives’, and ‘Function is just not difficult sufficient’.
Knowledge & Analytics professionals the most certainly to go away their jobs this yr (36%), adopted by Software program Improvement professionals (34%). The least seemingly group is Cloud Computing specialists (28%).
22% of tech specialists within the Center East predict a wage improve of 20% or extra this yr. Lower than 10% of tech specialists in Europe predict such a rise.
For a Community Engineer, the typical wage throughout the Center East is 74,900EU. In Czechia that is simply 31,000EU and in Spain that is simply 33,000EU.
For a Knowledge Engineer, the typical wage throughout the Center East is 90,000EU. In Italy that is simply 45,750EU and in Portugal simply 48,000EU.
For a Safety Engineer, the typical wage within the GCC (exc. KSA) is 105,000EU and within the KSA it’s 90,000EU. In Hungary that is simply 39,000EU and in Spain 44,200EU.
For a DevOps Engineer (Cloud Infrastructure), the typical wage is 90,000EU within the KSA itself and 100,500EU within the GCC excluding KSA. In Hungary the typical wage is simply 45,000EU, and in Italy 47,000EU.
For a Software program Architect, the typical wage within the KSA itself is 105,000EU and within the GCC (exc. KSA) its 120,000EU. In Czech that is simply 62,500EU, and in Italy and France it’s simply 64,000EU.
Throughout the entire of EMEA, the highest firm attraction components for tech professionals are ‘Good work ambiance’, ‘Distant work’, and ‘Difficult roles or tasks.’
56% of Tech Professionals within the Center East are utilizing AI, greater than in any European nation. AI is a key space that tech specialists wish to develop – 82% of all EMEA tech professionals need AI coaching.
Commenting on the info, Eamonn Hart, Senior Supervisor – Expertise at Hays Center East, mentioned:
“This new knowledge provides plenty of encouragement for corporations within the Center East in search of tech expertise and exhibits that the second half of 2024 can be a key time for hiring from Europe as so many professionals can be open to new alternatives. It’s well-known that salaries are usually increased within the UAE and KSA, which is clearly an attraction for tech specialists in lower-paying European nations, however this report provides new insights as to different ways in which Center Jap corporations can entice this expertise, for instance by highlighting AI initiatives and development plans.”