Client Server Market Report Q1 2024

TECH REPORT

JANUARY FEBRUARY MARCH

Q1 2024

03. Market Report 04. Salary Survey 10. Women in Tech 11. Talking Tech 12. Client Server

Contents.

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Driven by technology powered by people Our tech market report dives into the hiring market within the technology sector, shedding light on emerging trends, challenges and salaries across various technical roles.

All data has been sourced from Client Server’s placement and database figures.

For more information about available roles or how we can grow your tech team, visit our website: www.client-server.com

CEO snapshot “With the uncertainty of the UK market in the past 12 months and a noticeable decline in hiring in Q3 and Q4 of 2023, thankfully, we have seen several promising signs in Q1 this year that indicate a more positive market in 2024.

It has been a quarter of two trends. While major tech companies continue to undergo restructuring and redundancies, the overall sentiment pointed towards recovery. Fintech and other non-traditional tech sectors emerged as bright spots, offering a multitude of opportunities for skilled professionals.

Despite the lingering effects of layoffs, the technology industry remains a magnet for talent and growth, hopefully pointing towards continued growth in Q2.”

Nick Boulton

Development

Senior 52%

Q1 2024

£80K +

Mid 48%

Q4 2023

£50K - £79K

Mid 52%

Senior 48%

£50K - £79K

£80K +

“Q1 has largely brought us positive news in the development market compared to 2023. A number of companies have started hiring again and we’ve seen a 75% increase in Software Engineering roles compared to December 2023.

Companies are largely asking Developers to come back into the office, with most requesting 2-3 days a week. This does give companies who are able to accommodate remote or nearremote an advantage when recruiting and has meant that they’ve been able to offer slightly lower salaries.

Key skills continue to include Cloud based experience (AWS, Azure or GCP), knowledge of a Micro Services Architecture and a commitment to Test Driven Development.”

Tom Kemp Team Lead

Salary Survey

Average Salary £63K

£91K

£60K

£100K

Data, Infrastructure & Cloud £70K +

Average Salary

Mid 29%

Senior 43%

£32K

£61K

£95K

£33K

£55K

£85K

Q1 2024

£45K - £69K

Junior 29%

Q4 2023

Up to £44K

Junior 14%

Mid 50%

Senior 36%

Up to £44K

£45K - £69K

£70K +

“There has been a steady increase in hiring across DevOps, Security and Data over the past quarter which suggests that things are improving as we move into the new financial year. Prior to this companies had typically been releasing budget for replacement hires, whereas of late, it seems to be that growth is driving the increase in vacancies.”

Gavin O’Reilly Principal Consultant

Product & Management Average Salary

Senior 50%

£55K

Q1 2024

£80K +

Junior 50%

Q4 2023

Up to £59K

Junior 17%

Mid 50%

Senior 33%

Up to £59K

£60K - £79K

£80K +

£48K

£106K

£68K

£103K

Up to £44K

£45K - £64K

£65K +

Average Salary

Q1 2024

Junior 6%

Mid 44%

Senior 50%

£35K

£53K

£80K

Q4 2023

Development

Junior 11%

Mid 42%

Senior 47%

£38K

£52K

£79K

Up to £44K

£45K - £64K

£65K +

“We noticed a slow increase of vacancies becoming available from clients over the last quarter, potentially a sign of things improving going into the new financial year and companies starting to spend some the budgets they held back, a lot of the hires tended to be growth hires at a Senior level, mainly within C#, Python and JavaScript.”

David Loubser Team Lead

Salary Survey

Up to £44K

£45K - £64K

£65K +

Average Salary

Q1 2024

Junior 20%

Mid 40%

Senior 40%

£33K

£55K

£77K

Q4 2023

Non-Development

Junior 14%

Mid 43%

Senior 43%

£41K

£51K

£93K

Up to £44K

£45K - £64K

£65K +

“We have seen a steady rise across roles in Testing, DevOps and Infrastructure this quarter, however, client expectations remain high.

Salaries have corrected after the post-pandemic boom and passive candidates are hesitant to move from the security of their existing jobs.

Counter offers are still commonplace and with talent still being in short supply, speed of process is as important as ever.”

Mike Gilmour Team Lead

All European roles Average Salary

Mid 33%

€36K

€65K

€34K

€66K

Q1 2024

€46K - €72K

Junior 67%

Q4 2023

Up to €45K

Junior 50%

Mid 38%

Senior 13%

Up to €45K

€46K - €72K

€73K +

“European recruitment is seeing a resurgence as interest rates drop and UK companies look for low cost options to scale out their engineering teams.

Although fully remote roles are becoming rarer across Europe, UK companies are looking to set up satellite offices in a number of locations to make the most of the highly skilled (low cost) Eastern European markets. We are seeing tech hubs spring up in places like Budapest and Prague whilst Spain and Portugal remain attractive options for companies looking to scale.

Salaries across Europe have also started to flat line and it appears that the recruitment bubble across the continent of 2022 is well and truly over!”

Nick Heath Team Lead

Salary Survey

Europe.

€90K

All Roles $120K - $200K

Mid 50%

Senior 25%

Q1 2024

$75K - $119K

Junior 25%

Q1 2023

Up to $74K

Mid 67%

Senior 33%

$75K - $119K

$120K - $200K

Average Salary $55K

$110K

$220K

$101K

$174K

“As we move into Autumn, the Australia tech jobs market is still not quite out of first gear following the long Christmas/Summer break, but there are some green shoots.

Although several companies are requiring employees to be in the office 3-5 days per week, candidates are still prioritising genuinely flexible working arrangements, almost above all other requirements.

Although far from over, mass job cuts seem to be decreasing in frequency. If you’re hiring, there are some great candidates in the market, particularly in Data Science. And the general sentiment is hiring will start to ramp up once the UK and Aus new financial years start (in May and July respectively).”

Salary Survey

Australia.

& Singapore

David Leadbitter Managing Director

18% of our placements in 2023 were female

38% increase in female placements from 2022 - 2023

Our Commitment to DEI Client Server has been building technology teams since 1999 and the challenge of sourcing, attracting, engaging and securing diverse talent has never been more important.

Diversity & Inclusion is something we are passionate about. We see first-hand the benefits of hiring a diverse team and encourage our clients to have regular conversations around diversity to ensure their attitudes reflect our own.

Women in Tech “In 2018, 9% of our placements were female, that number sat at 18% in 2023. Now 18% is still a long way off parity, but hopefully shows how much we’re progressing.

In 2018, the bulk of that 9% were candidates in the Product, Project, BA, and Quality/Testing space. However, that gap is also closing.

In last year’s 18%, there was a nearly 50/50 split, with 48% being hands-on software engineers, and 52% covering other technical skill sets.

We also feel that’s encouraging.

Our Suggestions to Clients 1.

2.

3.

4.

Diverse interviewing panels Female imagery on websites and social platforms Consider hybrid, remote, or flexible working models Shout about your culture, flexibility, female friendly benefits, enhanced maternity and returnships 5. Hiring females into leadership

However, the question remains; how do you give yourself the best chance of hiring a diverse team?

There’s no magic formula, and we certainly don’t have one, but we do have some tried and tested methods that can offer tangible improvements.

There’s no one size fits all. But looking at your benefits package, what your outward-facing presence says about your business, and how you go about advertising your roles, are all good places to start.

Give us a call - we’ll tell you all about it!”

- Nick Caley, Sales Director

WATCH NOW

ANDREY with SEMENYUK JACK with BEEZER

KRIS & BALONEK

MATT with FRANK

Talking Tech is Client Server’s video podcast streamed on LinkedIn. Every episode we focus on a particular trend in the UK’s tech scene. We’ve had shows about women in tech, the hiring market, career development, and more.

Keep an eye on our LinkedIn page for episodes or get in touch if you want to be on our next one!

London.

Esher.

P: 020 7090 2500 E: info@client-server.com

P: 01372 476 500 E: info@client-server.com

Cardiff.

Sydney.

P: 020 7090 2500 E: info@client-server.com

P: 02 8295 3700 E: infoau@client-server.com.au

80 Cheapside London, EC2V 6EE United Kingdom

2 Fitzalan Road Cardiff, CF24 0EB United Kingdom

Get in touch.

Thames Mews Esher, KT10 9AD United Kingdom

Level 20, 135 King Street Sydney NSW, 2000 Australia