Pasadena, CA -- (SBWire) --06/10/2011 --Startups and established tech companies are in a recruiting mode that is making software engineers in high demand once again.
A report published by TopProspect shows that out of all the big tech firms that are competing for software engineers, Twitter is doing the best. Yahoo comes out at the bottom.
The company’s analysis is based on the fact that for every one employee who left Twitter, almost 11 more came in. The other tech companies with great hired to leaving ratio are Facebook, Zynga, LinkedIn, and Groupon. Yahoo is at the bottom with other older tech companies such as Microsoft and Google.
In terms of total number of new hires, Google, Microsoft, Facebook, LinkedIn, and Apple were the leaders. In sharp contrast to the rest of the economy, the unemployment rate in the tech industry is only around 4 percent. The national average is 9 percent.
InformationTechnologyCrossing, a job aggregator site for the computer industry, has seen a sharp rise in the number of openings posted on employer sites. The site was able to track down 7,500 new jobs from the Bay Area.
Bay Area salaries for software engineers are also high not just for experienced engineers but new graduates too. The situation is same nationwide. The average entry-level tech salary is $47,000. An experienced software developer can even command up to $79,000. The skills that are in demand are Android developers, iOS app developers, and experts in cloud applications.
Silicon Valley in Recruiting Frenzy for Tech Talent, Informationtechnologycrossing Finds 7,500 Jobs in Bay Area