Why speeding up recruitment processes in software and engineering will be essential in 2024
A difficult financial climate created an uncertain market in 2023. Many venture capital firms didn’t invest as heavily into tech in comparison to previous years and new projects were shelved, resulting in layoffs and an inflated talent pool of software and engineering professionals. Companies were nervous to hire and recruitment processes lengthened, meaning candidates sometimes lost patience and dropped out.
But things are picking up in 2024. Interest rates are slowly creeping down, many projects are being signed off and demand is increasing for qualified software and engineering experts, which means the tech recruitment market looks set for an upturn.
How can organisations speed up their time to hire to ensure they don’t miss out on the best talent? Will we see greater investment in tech by venture capital firms in the coming year? Which programming languages will be most in demand in 2024?
To find out more on the key areas software and engineering leaders need to prepare for in 2024, check out our software and engineering market snapshot in UNLOCKED: Talent Insights 2024.