We present you the "Transparent IT Job Market Report 2024 Switzerland" by SwissDevJobs.ch which provides several insights into the trends and state of the Swiss IT job market. Here are some key trends in the Swiss IT job market in 2024:
Methodology
The "Transparent IT Job Market Report 2024 Switzerland" by SwissDevJobs.ch has analysed data from more than 4200 of job offers on the platform and surveyed IT specialists on our social media channels with over 36'000 active followers (leading to over 12'000 responses).
Salaries in the Tech Industry in Switzerland
- Salaries are stagnating: Compared to 2023, the average salary for a software developer in Switzerland stays the same at 106'000 CHF/year.
- Most and least attractive tech roles in Switzerland: SAP, Security and Data Science/AI related jobs yield the highest salaries; while PHP, Ruby and Python related jobs yield the lowest average salaries. These findings are in line with the 2023 report.
- Geographic differences: Zurich, Zug and Bern have the highest average salaries, while Lugano, Chur and Schaffhausen have lower average salaries. These findings are also in line with the 2023 report.
AI Tools at the Workplace
- AI Tools are arriving: AI tools are becoming more common in the workplace, positively impacting daily productivity, with potential for wider adoption. 82% of survey respondents are already using AI tools in their work and also deem them useful for their productivity compared to 58% in 2023.
- But AI is not replacing jobs: 83% of candidates responded 'No' when asked: Do you think AI will be able to take over your job in the next 5 years?
- This increasing trend of AI tools is observable on a global scale (source): GitHub Copilot is leading the charge. The platform grew to 1.3 million paid subscribers, experiencing a 30% annual increase and expanding to 77,000 organizations. ChatGPT maintained its momentum with 250 million weekly users and 3.8 billion monthly visits, while Microsoft Copilot attracted between 28-30 million active users.
Recruitment Practices
- Salary, remote work possibility, interest in a project are the most important reason when finding a new job.
- Who candidates trust when looking for a new job in Swiss tech: When choosing a new job, candidates trust their friends and networking, job boards and recruiters.
- A low salary and poor management rank by far as the most relevant reasons for quitting a job.
- Relocation leads to satisfaction at work: About 2/3 (65%) of Candidates are happy that they relocated for a job.
- Recruiting mistakes by companies: Candidates express frustration with two key aspects of the recruitment process that hinder their job market success: the lack of feedback from companies and the absence of salary information. Additionally, candidates are dissatisfied with lengthy recruitment processes, particularly those involving more than 5 stages.
Remote Work
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Flexibility and Full Remote Work Options: A significant portion of employees have the flexibility to work remotely. 94% of employees can work remotely at least one day a week. 42% have the option to work fully remote (5 days a week). This marks a 7% drop compared to 2023 - a trend we are seeing across the job market, where companies are increasingly shifting from fully remote to hybrid work models.
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Reasons for Choosing Remote Work: Flexibility of location and the absence of a commute are among the main reasons why people choose remote work. However, remote work also leads to a sense of disconnection from co-workers in almost half of the employees.
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Impact on Job Appeal: When looking for new job opportunities, the possibility of remote work has become a key factor for job seekers, along with salary considerations. Remote jobs get 1.5x more views than non-remote jobs.
Hiring Challenges
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Challenges in Hiring: The tech job market is described as "dry," with professional and senior candidates being particularly hard to find. Companies are using digital strategies, internal referral programs, university relationships to recruit talent. For senior talent, we recommend working with tech recruiting agencies like us. If you are interested to learn more, let us know.
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International Appeal: There’s a sentiment that Switzerland is no longer the international hub where companies can easily find top-notch talent. The requirements for landing a job have increased, making the job search journey longer and more challenging for some candidates, especially if they are not EU passport holders.
Report
Read the full report below or download it via the link:
Interested to learn more?
No matter if you work in HR or are a candidate looking for the next job in Swiss tech: Feel free to contact me and discuss the current trends and more.
