technology Infographics

Radford Q1 2019 Technology Workforce Trends in Asia

Following the publication of Radford’s Q1 2019 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. Q1 data reveal a steady hiring environment as the prevalence of firms with aggressive hiring plans is on the rise across the region.

Radford Turnover & Hiring Sentiment by Industry at U.K.-Based Technology Companies as of Q1 2019

Following the publication of Radford’s Q1 2019 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at U.K.-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Most software companies in the U.K. anticipate maintaining normal hiring plans, with another 14% planning to hire aggressively. Over 93% of medical device companies also reported normal hiring plans in the first quarter of the year.

Radford Q1 2019 Technology Workforce Trends in Europe

Following the publication of Radford’s Q1 2019 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across key European economies, including Denmark, Germany, Ireland, Norway, Poland, Sweden and the U.K. The data reveal an optimistic hiring environment among technology companies in Europe, as the number of firms with hiring freezes continued to drop across most countries in the region.

Radford Global Workforce Trends at Technology Companies as of Q1 2019

Following the publication of Radford’s Q1 2019 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the U.K. and the U.S. This quarter’s hiring data reveals heightened optimism as aggressive hiring plans have risen globally.

Radford Turnover & Hiring Sentiment by Industry at U.S.-Based Technology Companies as of Q1 2019

Following the publication of Radford’s Q1 2019 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at U.S.-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Turnover is slightly down among software companies compared to the previous quarter, while semiconductor companies saw a decrease in in the number of companies hiring aggressively.

Radford Q4 2018 Technology Workforce Trends in Asia

Following the publication of Radford’s Q4 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. Last quarter’s data reveal a steady hiring environment as the prevalence of firms with aggressive hiring plans is up across the region from Q3 2018 to Q4 2018.

Radford Turnover & Hiring Sentiment by Industry at U.S.-Based Technology Companies as of Q4 2018

Following the publication of Radford’s Q4 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at U.S.-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Software companies reported slightly aggressive hiring this quarter, while semiconductor companies saw an 8% hike in the number of companies hiring aggressively.

Radford Global Workforce Trends at Technology Companies as of Q4 2018

Following the publication of Radford’s Q4 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the U.K. and the U.S. This quarter’s data is mixed reveals caution, as aggressive hiring plans have dropped globally.

Radford Q4 2018 Technology Workforce Trends in Europe

Following the publication of Radford’s Q4 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across key European economies, including Denmark, Germany, Ireland, Norway, Poland, Sweden and the U.K. The data reveal an optimistic hiring environment among technology companies in Europe, as the number of firms with hiring freezes continued to drop across most countries in the region.

Radford Turnover & Hiring Sentiment by Industry at U.K.-Based Technology Companies as of Q4 2018

Following the publication of Radford’s Q4 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at U.K.-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Most software companies in the U.K. anticipate maintaining normal hiring plans, while 75% of medical device companies are hiring normally in the last quarter of the year.

Promotion Practices at Technology Companies in the United States

What percentage of your staff will you promote this year? Our research shows that, on average, 10% of technology company employees were promoted last year, with average base salary increases over 8%.

Q3 2018 Technology Workforce Trends in Europe

Following the publication of Radford’s Q3 2018 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across key European economies, including Denmark, Germany, Ireland, Norway, Poland, Sweden and the UK. The data reveals a more optimistic hiring environment as the number of firms with hiring freezes dropped in many countries across the region. Overall, European technology is seeing a move toward steady growth moving into the end of the year.

Turnover & Hiring Sentiment by Industry at UK-Based Technology Companies as of Q3 2018

Following the publication of Radford’s Q3 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at UK-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Most software companies in the UK anticipate maintaining normal hiring plans, while at least one-third of companies in the other industries continue planning to hire only selectively.

Q3 2018 Technology Workforce Trends in Asia

Following the publication of Radford’s Q3 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. Last quarter’s data reveals a stable hiring market as the prevalence of firms with aggressive hiring plans is steady in most markets from Q2 2018 to Q3 2018.

Global Workforce Trends at Technology Companies as of Q3 2018

Following the publication of Radford’s Q3 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data is mixed, as aggressive hiring plans have dropped in several countries, including China and the UK, but remains unchanged in the US.

Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q3 2018

Following the publication of Radford’s Q3 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Software and semiconductor companies reported lower overall turnover compared to last quarter, while medical device companies saw a 10% hike in the number of companies hiring aggressively.

How to Measure the Effectiveness of Your Sales Team as a Private Software Company

Successful sales compensation benchmarking requires determining how your company stacks up against the market with respect to a few key metrics. We took a close look at quota achievement levels, market coverage strategy and compensation cost of sales among private software companies to illustrate how this data can help your organization gauge the effectiveness and health of your sales force.

Turnover & Hiring Sentiment by Industry at UK-Based Technology Companies as of Q2 2018

Following the publication of Radford’s Q2 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at UK-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Most software companies in the UK anticipate maintaining normal hiring plans, but one-third of companies in the other industries plan to hire only selectively.

Q2 2018 Technology Workforce Trends in Asia

Following the publication of Radford’s Q2 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. Last quarter’s data reveals an increasingly positive hiring market as the prevalence of firms with aggressive hiring plans is rising in most markets from Q1 2018 to Q2 2018.

Q2 2018 Technology Workforce Trends in Europe

Following the publication of Radford’s Q2 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across key European economies, including Denmark, Germany, Ireland, Norway, Poland, Sweden and the UK. The data reveals an optimistic hiring environment as the number of firms with hiring freezes dropped across the region.

Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q2 2018

Following the publication of Radford’s Q2 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Companies reported higher voluntary turnover across all industries compared to last quarter, but hiring plans remain mixed.

Global Workforce Trends at Technology Companies as of Q2 2018

Following the publication of Radford’s Q2 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data reflects a healthy boost of optimism as the prevalence of firms reporting aggressive hiring plans is up in nearly every country.

Key Steps to Take as You Prepare for Your IPO

The time leading up to an initial public offering (“IPO”) is always filled with excitement and intense activity. And before crossing the IPO finish line, there are a number of critical compliance, compensation and governance items to address. In our latest infographic, we outline 12 key steps every HR and compensation leader must tackle as they prepare to go public.

A Recap of 2018 Say-on-Pay Voting Results at Technology & Life Sciences Companies

The 2018 proxy season proved challenging for some technology and life sciences companies, as Institutional Shareholder Services (ISS) issued more negative Say-on-Pay voting recommendations. As a result, companies saw lower average shareholder support levels. This marks a shift from patterns observed since 2015, where Say-on-Pay results have generally improved from year to year.

Workforce Trends in Argentina’s Technology Sector

Argentina’s economy continues to face turbulent times, including stubbornly high inflation rates and the digestion of recent economic reforms. This turbulence is reflected in the nation’s workforce trends— median overall salary budgets are near 25% and voluntary employee turnover continues to drop. Yet, a majority of technology companies in Argentina report normal hiring plans for the year ahead and some even expect to grow headcount. It will be interesting to see how rewards strategies evolve to lure reluctant talent into new roles.

Hot Skills and Pay Premiums at US and Chinese Technology Companies

In today’s super-charged talent market, technology companies around the globe are engaged in a fierce contest to attract and retain people who possess highly prized skills. In late 2017 and early 2018, we conducted surveys of technology companies in the US and China to assess the hot skills companies are most interested in acquiring, and in some cases, willing to pay hefty compensation premiums for.

Getting Ready for the Era of Pay Transparency

The era of pay transparency is here. As technology allows for more information sharing, access to crowdsourced compensation data has proliferated dramatically and employees now have easy access to pay data that was once top-secret. Now, employees accessing and discussing their compensation and the compensation of others openly is not only losing its taboo, it’s trending. Companies need to be ready to respond. Here are four key steps to addressing pay transparency at your company.

What Drives Culture at Technology Companies

Technology companies get a lot of press for the unique cultures they create. And whether those cultures are laid-back and easygoing or hard-charging and results-focused, technology firms know how critical it is to have strong cultures and missions. Survey responses from the 2018 Radford Talent Pulse Survey indicate “innovation” tops the list of words used to describe company cultures in the sector, and managerial roles are key when it comes to reinforcing cultural values and driving culturally-congruent behaviors.

Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q1 2018

Following the publication of Radford’s Q1 2018 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Companies reported more cautious hiring outlooks last quarter, but the forecast for the technology sector is holding strong and steady with the second quarter of 2018 underway.

Q1 2018 Global Workforce Trends for Technology Companies

Following the publication of Radford’s Q1 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data continues to show mixed signals as the prevalence of firms reporting aggressive hiring plans as well as voluntary turnover rates is both up and down across the globe.

Q1 2018 Technology Workforce Trends in Asia

Following the publication of Radford’s Q1 2018 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. Last quarter’s data reveals a more positive hiring market, as the prevalence of firms with aggressive hiring plans is rising in most markets from Q4 2017 to Q1 2018. After scaling back on aggressive hiring in the region last quarter, the outlook for the global technology sector looks strong and steady with 2018 well underway.

The US Technology and Life Sciences IPO Market: Looking Back at 2017 and Ahead to 2018

While the US IPO market bounced back in 2017, many of the high-value, big-name private companies stayed on the sidelines. We expect this trend to continue. Here’s a look back at the 2017 IPO market plus a prediction for what’s ahead, along with some highlights on Radford’s groundbreaking pre-IPO data and venture capital offerings.

Shifting Your Talent Mindset to Create a Winning Culture

Although compensation remains a powerful tool in the total rewards arsenal, money only goes so far when it comes to creating an employee value proposition that keeps talent engaged via a compelling corporate culture. Our new infographic explores some shifts you can make to create a winning culture regardless of your compensation budget.

Approaches for Setting Fair Pay at Your Company

Pay equity has emerged as one of today’s hottest HR and compensation issues. Delivering pay in an equitable fashion across all demographic groups seems like a mammoth task, and knowing where to start can be challenging. Our new infographic outlines four key approaches you can explore as you set out to create sustainable fair pay practices at your organization.

Q4 2017 Technology Workforce Trends in Asia

Following the publication of Radford’s Q4 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the major economies in Asia-Pacific, including Australia, China, Hong Kong, India, Japan, Singapore, South Korea and Taiwan. Last quarter’s data reveals a more cautious hiring market, as the prevalence of firms with aggressive hiring plans is down in almost every country from Q3 to Q4. However, despite scaling back on aggressive hiring in the region, the outlook for the global technology sector still remains strong as 2018 swings into gear.

Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q4 2017

Following the publication of Radford’s Q4 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. Even though a growing share of companies reported more cautious hiring outlooks in Q4, the overall state of technology sector hiring remains strong moving into 2018.

Global Workforce Trends at Technology Companies as of Q4 2017

Following the publication of Radford’s Q4 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data continues to show mixed signals as the prevalence of firms reporting aggressive hiring plans is up and down across the globe. However, despite scaling back on aggressive hiring, voluntary turnover is up in all countries relative to last quarter, and forecasts predict strong growth in 2018.

Country-Level Compensation Data Isn’t Good Enough Anymore in the Technology Sector

In today’s dynamic global economy, country-level survey data doesn’t always cut it anymore. In larger countries with geographically dispersed technical talent, pay is just as likely to be influenced by local economic factors as it is in the US where geographic differences have long been viewed as important considerations. The bottom line: it’s imperative to consider the local view.

Yes, it is Possible to Give Your Top Performers More with a 3% Merit Budget

Is it possible to give your top performers a big annual salary increase when you only have a 3% merit budget? Yes, but you have to be willing to make tradeoffs, including reducing the size of salary adjustments for your meets expectations employees and cutting overall participation in the annual merit pool.

Silicon Alley vs. Silicon Valley: Compensation Practices at Public Technology Companies

As the competition for talent between Silicon Alley and Silicon Valley continues to heat up, we decided to compare and contrast pay practices at public technology companies in the two regions. At the CEO-level, Silicon Alley and Silicon Valley appear quite similar. However, once you dig a little deeper into equity vehicle mix, incentive plan metrics and VP-level pay mix, key differences begin to emerge.

Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. For the most part, the competition for talent remains steady from last quarter, with a slightly brighter outlook for medical device firms compared to Q2.

Global Workforce Trends at Technology Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data generated mixed signals, as the prevalence of firms reporting aggressive hiring plans is up and down across the globe.

Questions to Ask Yourself When Trying to Better Manage Your Equity Compensation Spend

An effective equity strategy balances external competitiveness, internal constraints and company culture—but not all of these things can be weighted equally. If you’re thinking about changing your equity strategy, here are some of the primary design levers your company can pull to make smart choices aligned with your organization’s needs.

When it Comes to Creating a Compelling Culture, Effective Leadership Communication Matters

While it takes an entire organization to cultivate and maintain culture, nearly 9 in 10 technology companies say the tone at the top is critical to driving culture. Up next are middle managers, who are often most responsible for making pay decisions, distributing recognition and communicating change to employees.

Don’t Keep Your High-Potentials in the Dark; Consider Letting Them Know How Valuable They Are

Identifying high-potentials and communicating their status can be an important retention and leadership training strategy. However, only one-in-four technology companies currently disclose high-potential status to their employees. The rest could be missing out on an easy way to bolster engagement, retention and participation in leadership development programs.

Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical devices industries. For the most part, the competition for talent remains as robust as ever; however, medical devices firms may be heading into a bit of a swoon.

Global Workforce Trends at Technology Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: turnover rates are steady even as companies announce more aggressive hiring plans.

A Recap of 2017 Say-on-Pay Voting Results at Technology & Life Sciences Companies

The seventh year of Say-on-Pay contained a bit of turbulence for technology companies, but saw positive levels of shareholder support for life sciences companies. Russell 3000 companies managed to maintain high levels of shareholder support and few voting failures. Take a closer look at full 2017 proxy season results for the technology and life sciences industries.

Q1 2017 Turnover Rates & Hiring Sentiment by Industry at US Technology Companies

In aggregate, the competition for talent at technology sector companies remains very strong. However, some industries face much tougher hiring and employee retention conditions than others. Our new infographic explores workforce trends across software, hardware, semiconductor and medical device companies.
 

Global Workforce Trends for Technology Companies as of Q1 2017

The global economy is expected to accelerate growth in 2017, and strong economic conditions may boost more technology companies into healthy states of hiring. Currently, 42% of technology companies worldwide are planning to grow their headcount by at least 10% and voluntary turnover in key markets is high, indicating the tech sector outlook is still on the up-and-up.

Technology Sector Employee Engagement & Recognition Practices

Recognition is a key driver of employee engagement, but as the pace of business continues to accelerate, more companies are starting to supplement traditional top-down, cash-based programs (which are still highly valued) with more frequent opportunities for peer-to-peer recognition. 

What Drives Corporate Culture?

It takes an entire organization to drive and cultivate a unique company culture. At technology and life sciences companies, out data shows the enormous influence that communication at the top leadership and middle management levels has on shaping culture.

Promotion Practices & Budgets

What percentage of your staff will you promote this year? And when you do hand out those coveted promotions, what sort of raises should your employees expect to receive? Our latest infographic explores how technology and life sciences companies answered these questions.

Proxy Season Rewind: 2016 US Say-on-Pay Results

Despite lower performance in 2015, technology companies still received support for Say-on-Pay from shareholders, with 78.7% garnering over 90% support. After a strong performance year, life sciences companies ended the 2016 Proxy season with 76.7% of companies receiving over 90% support. See how these results compare to prior years and the level of influence proxy advisors have over voting results in our infographic.