65%
Mexico City, Mexico
Snapshot
A booming startup and fintech scene is fostering a growing community of tech talent.
Top motivator for hiring
Giving opportunities to new talent
We surveyed more than 1,400 global hiring managers who are trying to find and recruit skilled knowledge workers. Insights from this research, combined with Remote’s in-house expertise in global employment, are distilled here into practical advice for employers who want to attract and retain the best tech talent in the world.
Get firsthand insight from more than 1,400 executives and hiring managers from organizations across Germany, the Netherlands, France, Sweden, the United Kingdom, and the United States.
Remote’s Tech Talent Report survey asked respondents about key considerations of hiring in emerging tech talent hubs around the world. We wanted to uncover perceived obstacles and misconceptions that may be preventing employers from uncovering hidden tech talent. As companies feel the economic squeeze around the world, it’s never been more critical to find and retain the right people to stay competitive.
Nearly two-thirds of hiring managers are planning to hire remotely and are considering both global and domestic markets to find the skills they need.
It’s great news that more companies are turning to remote hiring. But there’s one key question left, and our report offers some potential answers. As competition intensifies for knowledge workers and the business climate becomes less certain…
Those open to exploring new markets outside of saturated technology hubs stand the best chance of finding underappreciated pockets of remote tech talent.
This report demonstrates that ambitious organizations open to building globally distributed teams can take advantage of an unexplored opportunity — and it’s not as hard as you might imagine.
Get firsthand insight from more than 1,400 executives and hiring managers from organizations across Germany, the Netherlands, France, Sweden, the United Kingdom, and the United States.
This 2022 survey asked respondents about key considerations of hiring in existing talent hotspots like New York, London, and Tokyo, as well as 15 emerging tech talent hubs spread across the world.
Our survey found that hiring managers are apprehensive about staying compliant.
38%
More than a third of all respondents say they feel challenged about learning local legal requirements for hiring in new regions.
Download the report to learn how easy it can be to reap the benefits of international employment with speed, security, and minimal risk.
Early adopters are in the best position to achieve long-term results by looking in emerging tech hubs. For those HR managers who adopt a remote-first recruiting strategy and mindset, these new markets hold untapped potential and, very likely, provide a competitive advantage.
The state of global tech talent recruitment and why some hiring managers are reluctant to hire internationally
Insight into global compensation and how to develop equitable salaries, benefits, and stock option plans
The processes needed to enable high-performing remote workers, with resources and advice on how to build a globally distributed team
Analysis of 15 emerging tech hubs and what specialist skills to look for in each market
65%
of hiring managers surveyed in the US, the UK, and Europe are looking to hire globally for tech talent.
Because remote work is now an embedded part of global work lives, hiring managers no longer feel constrained by their national borders to find tech talent.
20%
of hiring managers say they’re experiencing a tech talent crunch at home, most of the drivers for hiring internationally are entirely strategic.
48%
Want to diversify their team
45%
Want to try out new markets strategically
36%
Were enabled by the pandemic to broaden their search for talent
The opportunity for building capability has expanded beyond specific roles or skill sets. HR managers are considering all the benefits to a remote-first strategy.
A remote-first recruitment strategy is a huge head start for employers to take advantage of emerging tech talent hubs.
The majority of respondents are still looking for new talent in their own country.
A domestic focus is fine, but it also means hiring managers are failing to tap into rich candidate pools in both traditional and emerging tech hubs.
When venturing into global markets, hiring managers are sticking to existing tech talent hubs in large percentages.
With so many people looking in the same places for the same roles, traditional tech hubs are becoming highly competitive.
Huge base of tech talent combined with intense demand and very high salary expectations.
Less competitive market for tech talent but high employment costs and a high cost of living.
One of the smaller tech hubs in Europe comes with less competition and lower average salaries.
A large talent pool is matched by big demand for tech skills in New York, adding up to a highly competitive market.
The highest volume of elite tech talent comes coupled with the highest salary costs of all.
Lower employment costs and salary expectations, but the time difference poses problems for some organizations.
Gartner® Inc.’s recent report, Emerging IT Talent Hubs in 2022 provides insights into the “top existing and emerging IT talent hubs”. This research analyzed 120 cities in 28 countries for 15 key IT roles.
We have taken a closer look at those locations and found that hiring managers said they were very likely or somewhat likely to hire in the following areas:
While some of these emerging cities are clearly growing in demand with hiring managers, they still aren’t as popular as the well-known — and highly competitive — traditional tech hubs.
A full breakdown of all 15 emerging tech talent hubs, complete with recruitment insights for each market and hiring advice for specific role types.
Many companies rely on having a legal entity for remote hiring.
Overall, 33% of respondents say they won’t hire globally without one.
Making adjustments that are currently outside your comfort zone are worth it for the right talent. Knowing where to find untapped tech talent pools that fit into your budget is the first step. Hiring, onboarding, and managing those people requires a change in mindset.
An Employer of Record (EOR) like Remote allows you to legally hire abroad. Remote owns local legal entities across the globe to employ on your behalf, managing payroll, benefits, and taxation to keep your company compliant and competitive in every market.
Hiring managers who do plan to hire tech talent in new regions are concerned about two main areas of remote work — how to legally employ people and how to successfully manage culture across a geographically diverse team.
The survey shows hiring managers are apprehensive about staying compliant when hiring outside of their own country. It’s a real concern, but a navigable one for companies serious about onboarding the right talent.
The report shows HR managers are deeply concerned about inclusive hiring practices and how a globally remote team can successfully work together, both for the benefit of each employee and the company as a whole.
overcoming language barriers
working across time zones
Director of Talent Acquisition