Monday, 17 July, 2023

Slowing Technology Investments Impact IT Staff Compensation

The slowdown in technology spending has started to affect the wallets of IT staff members. As companies reduce their technology investments, IT professionals are experiencing a slowdown in salary growth and bonuses. The shift towards cost optimization has led to a cautious approach to hiring and compensation adjustments within the IT sector. This development highlights the direct correlation between technology investments and the financial well-being of IT staff.