---
title: Tech Hiring Turns to Junior Candidates, Driving Salaries Down
description: "Tech salaries in the U.S. have decreased a bit (1.1%) as companies look to hire junior candidates for senior roles. A rising competition for software developers and other tech workers, partially due to the “Great Resignation” has caused companies to bring on cheaper, less experienced workers. (more experienced workers are experiencing an increase in pay) In parallel, the current hiring shortage is bolstering wages across industries. The Federal Reserve Beige Book reports that increased wage growth is seen across almost all districts. Private-sector jobs in the U.S. are up by 534K in November per the ADP National Employment Report. Jobs added in November by sector: Goods-producing: Natural resources/mining, up 7,000 Construction, up 52,000 Manufacturing, up 50,000 Service-providing: Trade/transportation/utilities, up 78,000 Information, up 10,000 Financial activities, up 13,000 Professional/business services, up 110,000 Professional/technical service, up 51,000 Management of companies/enterprises, up 5,000 Administrative/support services, up 53,000 Education/health services, up 55,000 Healthcare/social assistance, up 46,000 Education, up 10,000 […]"
image: https://blog.bountyjobs.com/hubfs/Imported_Blog_Media/working-day-in-office-2021-08-26-15-29-58-utc.jpg
---

 1 min read

# Tech Hiring Turns to Junior Candidates, Driving Salaries Down

[ Erin Geiger ](https://blog.bountyjobs.com/author/erin-geiger) :  December 02, 2021

[Talent Acquisition Trends](https://blog.bountyjobs.com/tag/talent-acquisition-trends)

![Tech Hiring Turns to Junior Candidates, Driving Salaries Down](https://blog.bountyjobs.com/hubfs/Imported_Blog_Media/working-day-in-office-2021-08-26-15-29-58-utc.jpg)

[Tech](https://www.hrdive.com/news/tech-salaries-2021/610541/) salaries in the U.S. have decreased a bit (1.1%) as companies look to hire junior candidates for senior roles. A rising competition for software developers and other tech workers, partially due to the “Great Resignation” has caused companies to bring on cheaper, less experienced workers. (more experienced workers are experiencing an increase in pay)

In parallel, the current hiring shortage is [bolstering](https://www2.staffingindustry.com/Editorial/Daily-News/Hiring-difficulty-continues-with-wages-rising-northeast-reports-strong-performance-from-staffing-Beige-Book-59942) wages across industries. The Federal Reserve Beige Book reports that increased wage growth is seen across almost all districts.

Private-sector [jobs](https://www2.staffingindustry.com/Editorial/Daily-News/US-private-sector-jobs-up-by-534-000-too-early-to-tell-impact-of-Omicron-variant-ADP-report-59925) in the U.S. are up by 534K in November per the ADP National Employment Report.

Jobs added in November by sector:

- Goods-producing: 
    - Natural resources/mining, up 7,000
    - Construction, up 52,000
    - Manufacturing, up 50,000
- Service-providing: 
    - Trade/transportation/utilities, up 78,000
    - Information, up 10,000
    - Financial activities, up 13,000
    - Professional/business services, up 110,000 
          - Professional/technical service, up 51,000
          - Management of companies/enterprises, up 5,000
          - Administrative/support services, up 53,000
    - Education/health services, up 55,000 
          - Healthcare/social assistance, up 46,000
          - Education, up 10,000
    - Leisure/hospitality, up 136,000
    - Other services, up 22,000

In addition, the [manufacturing](https://www2.staffingindustry.com/Editorial/Daily-News/US-manufacturing-activity-expands-in-November-but-labor-remains-a-challenge-59924) sector in the U.S. grew in November but hiring is still a large obstacle. “The US manufacturing sector remains in a demand-driven, supply chain-constrained environment, with some indications of slight labor and supplier delivery improvement,” said Timothy Fiore, chair of the ISM’s manufacturing business survey committee.

Compensation in 2020 increased for top staffing [executives](https://www2.staffingindustry.com/Editorial/Daily-News/Total-2020-compensation-rises-median-5-for-top-staffing-execs-at-publicly-traded-firms-SIA-59845) by a median of 5.3% at U.S. and Canada staffing firms. Total compensation included base pay, discretionary bonuses and stock awards as well as other forms of compensation. Executives in North America were in the lead when it came to compensation, seeing an increase of 5.3% in the past year.

Until next week,

Erin and the BountyJobs team

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