Low salary likely to cause exodus of European tech talent: study

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2024-07-10 20:00:07

Low salary and lack of career development are some of the reasons why a large number of European IT specialists are looking to leave their current jobs before the end of the year, and which could lead to a mass exodus, new study has said.

An extensive new study into the EMEA region’s tech and IT talent market from Hays, a world-leading specialist in workforce solutions and recruitment, has discovered a potential impending mass exodus of tech talent from Europe.

Europe has become a key source of IT talent for companies with presence in the UAE and Saudi Arabia, particularly data, infrastructure, and cybersecurity specialists from Eastern and Southern Europe.

Hays new study and report ‘The Tech Talent Explorer’ is a result of surveying more than 5,000 IT specialists across 20 EMEA countries.

The report details the reasons why they are looking to leave, and ways in which Middle Eastern companies can attract these professionals to make the move to the Middle East.