The Pandemic has affected almost every industry around the globe. In the United States alone, the unemployment rate reached a peak of 14.7% in April of 2020. It was at an all-time high since 1948. Furthermore, coronavirus has also pushed the economy into recession. There have been major changes everywhere due to the pandemic, not just in the software developer market.
However, one thing that hasn’t changed is the demand for software developers. The demand for software developers has been very competitive for years. However, the pandemic has forced our civilization to go digital which has exponentially increased it. Therefore, software developers were lucky to not have experienced the large elimination of jobs or cuts to pay that most other industries have seen. In fact, the number of software developer jobs has increased. A study showed that the worldwide developer population had continued to grow upwards of 500,000 in 2020, reaching an estimated total of 24.5 million. However, COVID-19 did decrease the growth from the predicted 4% increase.
We’ll be discussing a few ways how 2020 has transformed the remote software teams market forever.
Remote work is everywhere
One of the main changes brought due to the pandemic was the acceptance of remote work as a genuine replacement for normal everyday jobs. To decrease the further spreading of the coronavirus, we were forced to stay within the confines of our home. However, the world doesn’t stop for anyone and life has to continue. Therefore, most employers adapted remote work.
Remote work has existed for a long time now, however, only now it is accepted as a legitimate way of working. This has helped the tech industry bounce back. In the US alone, tech jobs grew by 391,000. Furthermore, remote work has allowed firms to increase their candidate pool. Thus, have started to hire competent developers throughout the world.
In-demand software developer roles
The continued demand for software engineers is driven by strong industry tailwinds. Especially, as most companies adopt their cloud strategies as a result of the pandemic. The demand for full-stack developers, cloud engineers, and web developers grew by nearly 25%. Also, the demand for artificial intelligence specialists and machine learning engineers increased as well. Rising above 32% over the last year.
Technology roles have been somewhat pandemic-proof as most organizations have accelerated digital transformation and have evolved their business to avoid any other incoming issues similar to COVID-19.
The change in diversity
The growing trends of hiring remote software teams and having a distributed teams with members around the world has helped to open up the candidate pool for organizations willing to expand their horizons. If employers make the effort, hiring developers from places other than established tech centers could exponentially help improve the diversity of teams. Furthermore, it would create opportunities for developers from lower socio-economic backgrounds, as they don’t have to travel for interviews or live in expensive cities to work or intern.
This would also allow employers to have their pick of the litter as they would have more candidates to choose from.
The rise of virtual hiring
Companies have started to adopt a virtual hiring process. Instead of meeting in-person to hire candidates, they are now either interviewed on call or through a video call. This change has helped companies streamline their hiring process. Furthermore, this helps to choose a viable candidate easier and saves time for both the company and the candidate.