Discover how the new normal has shaped the landscape of tech
2023 turned out differently than expected. Instead of a recession and increased unemployment, technologists experienced steady salary growth with a slight increase in employment. The tech market returned to pre-pandemic levels, with just under 3% salary growth and IT unemployment at only 1.94% by the end of Q3. However, the market still feels uncertain despite some stability heading into 2024.
Let’s talk about the big question everyone is asking. Will we see growth in technology hiring and salaries in 2024? This guide aims to assist both candidates and employers in weighing their options effectively, enabling them to make informed decisions during uncertain times.
Empowering candidates and employers to make informed decisions in a dynamic landscape.
Explore the evolving dynamics of the tech job market this past year and how we can leverage these insights.
Discover the insights and perspectives of hundreds of tech leaders as they share their thoughts on 2024.
Read our insights on the current state of technology careers across the entire United States.
Get a high-level view of the current state of technology hiring across the United States.
Product Managers develop the vision, understand user needs, and ideate product features to address those needs. At the same time, designers build a product experience to solve user problems. These functions are integral to creating a successful software product, and we see demand for these roles staying steady in 2024.
Position | Low | Mid | High |
---|---|---|---|
Product Management Director | $154,000 | $168,500 | $196,000 |
Product Manager | $118,500 | $147,000 | $170,250 |
Product Owner | $94,500 | $133,000 | $155,500 |
UX Designer | $92,750 | $126,500 | $142,000 |
UX Researcher | $89,000 | $113,000 | $129,500 |