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IT Skills and
Salary Report
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19th Edition | 2024
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INSIGHTS FROM 5,100+ TECH PROFESSIONALS
Skillsoft’s IT Skills and Salary Report shares the findings of an in-depth global survey of tech professionals at all stages of their careers, across geographies and industries.
For nearly two decades, the goal of this research has been to equip tech professionals — from newcomers to senior executives — with the data and analysis to understand the trends that will impact their careers, investments, strategies, and more.
AI IMPROVES LEARNING AND JOB SECURITY
Respondents say AI has positively impacted their role.
54%
Skillsoft's IT Skills and Salary survey asks tech professionals about their compensation, certifications, job roles, challenges, and far more. This report compiles their insights.
TECH EVOLUTION: WHAT’S NEW, WHAT’S NEXT
SKILL GAPS REMAIN TOP CHALLENGE FOR IT DECISION-MAKERS
For decision-makers, skill gaps are one of their greatest challenges at work. And, unfortunately, almost the same portion of leaders report gaps this year compared to last.
Gaps increase stress on existing employees, lengthen project durations, and put business objectives at risk. What’s the answer? It’s talent development.
60%
Of decision-makers report upskilling and reskilling improves team morale.
THANKS TO OUR PARTNERS
This year, tech professionals across the world participated in the survey, lending their time to share valuable insights into:
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Top-paying Tech Certifications Across the World
Major Workplace Challenges
The Costs and Risks of Skill Gaps
Why Tech Professionals Leave Their Jobs
How Tech Leaders Plan to Invest Their Resources
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2022
Professionals who report positive outcomes cite learning new AI skills.
57%
Respondents say AI has made them faster and their job easier.
51%
Professionals report AI helps them build credibility at work.
23%
IT professionals have experienced many positive impacts at work thanks to AI, most notably,
learning new skills, focusing on more fulfilling work, and improving their productivity and efficiency.
JOB SATISFACTION
70% of professionals reported feeling satisfied with work. However, nearly two-thirds say they’re likely to look for a new position in the next year. Why? The top three factors named by respondents for changing employers were increased compensation, a lack of training, growth, and development, and remote or hybrid opportunities.
49%
Of decision-makers report reductions in security risks due to upskilling and reskilling.
72%
Of decision-makers plan to upskill and reskill their current talent to close skill gaps.
48%
Of decision-makers find it difficult to find and/or hire new talent.
Respondents say AI has positively impacted their role.
54%
Professionals who report positive outcomes cite learning new AI skills.
57%
2023
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JOB SECURITY
74% of tech professionals feel good about their job security — a consistent trend that carries on from past years. And nearly half of those who were laid off bounced back within three months.
certifications
93% of respondents worldwide have at least one certification. They say the leading benefits including high-quality, faster work output. Furthermore, 48% of IT decision-makers plan to hire additional staff and say certifications are among the most important attributes to them when assessing prospective candidates.
INVESTMENTS
With increased tech demands, many IT decision-makers anticipate hiring will likely increase in the coming months. With 44% of those surveyed expecting their budget to increase allowing additional spending potential on talent and tools.
© 2024 Skillsoft
© 2024 Skillsoft