Top Tech Skills and Employers
Top Tech Skills
Finance institutions continue to seek out tech professionals with knowledge of certain languages and platforms. SQL is essential for database work; Python is widely used in finance, especially for data analytics; and Java is key for everything from consumer-facing apps to trading platforms.
With more finance companies migrating to the cloud (and with cloud security becoming a greater priority), tech professionals in finance are expected to not only know Amazon Web Services (which remains the market-share leader for private cloud) but also Microsoft Azure, which has been making enterprise inroads as it gains more features, particularly within companies that already rely on a Microsoft-centric tech stack.
Getting to the Right Compensation for Tech Professionals
It’s been a wild ride for tech salaries and benefits over the past few years. While salaries may be stabilizing after years of fluctuation due to competition and demand, tech professionals are still likely to be some of the highest-dollar hires in your organization.
Dice’s Tech Salary Report breaks down the current state of tech professional compensation, including average salaries parsed by location, occupation and skills, and also provides the benefits and perks that are most important to tech professionals. Take advantage of this exclusive resource in building compensation packages that will attract top tech candidates.
Top Employers
Finance and banking’s largest players, as expected, continued to drive strong demand for tech professionals despite the high-profile implosion of SVB, which funded a large number of tech companies. That implosion briefly looked like it might set off a broader banking panic, but the industry managed to contain that fallout.
Capital One and Wells Fargo were the top employers of tech talent across January–June. Both of these companies have been making sizable investments in fintech, and will need tech professionals to support their initiatives. Citigroup — which has spent billions investing in its technology division even as it has cut staff — rose as the third-highest employer so far this year (compared to the fifth top employer around this time last year). Lincoln Financial Group, Nelnet and Fidelity Investments all posted more tech jobs in Q2 2023 than in Q1 2023, suggesting that these companies are all investing heavily in data analytics and other cutting-edge technologies.
The fintech company FIS (which beat recent earnings expectations) also saw modest growth in tech job postings against a backdrop of surging demand for digital payment solutions and services; it featured in the top 25 employers for tech professional hiring.