Since publishing this article, I published more data on the hiring market:

• Follow-Up: the Insane Tech Hiring Market (Sep 2021). Bay Area compensation ceilings moving up, Big Tech responding swiftly to the heated market, and out-of-cycle raises happening already.

• More Follow-Up on the Tech Hiring Market (Nov 2021). A list of off-cycle compensation increases in 2021, a data engineer shortage, and low-cost regions becoming too expensive.

• The Scoop: the Hiring Market (Dec 2021). The remote work inflection point, Amazon attrition woes, and a secret hiring strategy for Europe

I have been debating writing about the elephant in the room; hiring in tech and how hot the market is. I’ve talked with dozens of hiring managers across all continents. All say the market is burning hot everywhere. This newsletter issue covers:

• Observations on what is happening in the tech hiring market, with quotes from hiring managers and job seekers.

• Root causes as I see them on why the tech market is hotter than ever before, even more so than during the Dotcom Boom.

• Numbers on what this all means for compensation and demand for senior tech talent pay increases. Many of these numbers are approximations, but they give an idea of where we are.

• Advice for hiring managers on how to stay afloat. How to retain your staff, and what to do if you want to hire, and also the sensible approaches of companies which keep growing in this environment.

• Advice for tech workers on how you can use the current situation to your advantage.