TECHNOLOGY TRENDS

Technology Booming Across Canada


Identified by the 2019 Fall Flash projections survey participants, the Tech sector looks to be the hottest industry in Canada heading into 2020. IT Services is set to see the biggest increase in number of employees across Canada as 60% of organizations indicated they will be making additions to their staff. Around 50% of organizations in IT Services indicated they would also be hiring new graduates as well as increasing training budgets. The Software Development and Advanced Technology sectors are also projected to see the two largest percentage increases in salary (including 0's) at 3.30 and 3.06 respectively across Canada. Below is a list of the hottest skills within the Tech industry.

Top 10 Hot Skills in Tech
  • Machine Learning
  • Mobile Development
  • SEO/SEM Marketing
  • Data Visualization
  • UI/UX Design
  • Network and Information Security (Cyber Security)
  • Cloud Computing
  • IOT
  • Data Science & Analytics
  • Artificial Intelligence
Canada's Tech sector scene continues to grow, leading to increased hiring and rising wages in 2020 for those with the right skills. Organizations will be looking to focus on more "soft skills" in order to coordinate and communicate more efficiently with others outside of the Tech team. With new graduate hires and training budgets increasing, organizations will be leaning heavy on their Tech teams in order to gain the edge over competition. Moving from generation to generation technology becomes increasingly more present in everyday life. For example, Millennials could be considered to be Tech savvy, but the new generation (Gen Z) are Tech native. This correlates with the surge of new Technology companies that are emerging in Canada. Over the last several years, uncertainty and high costs in the US has made Canadian cities increasingly more attractive to Tech companies. This has resulted in larger investment into the Tech industry in Canada with various companies housing their head offices and operations in the country.

For more information on the Wynford's Tech Industry, click here to view the 2019 Fall Flash Summary.

 

Need More In-Depth Information?

Wynford's Canadian Salary Surveys are just what you're looking for! Our user friendly cash data reports are broken down by three simple features including: Location, Industry and Revenue/Organization size.

 

The Wynford Group offers a complete range of services that can help you build your Total Rewards Program from the ground up. Our services include:
  • Competitive Market for over 700 organizations through our Canadian Salary Surveys
  • Developing competitive total rewards structures
  • Designing short-term incentives such as commission, production bonuses, profit sharing
  • Designing long-term incentives (equity, phantom, or cash-based)
  • Developing Role Profiles to recruit new talent
  • Developing Executive Compensation programs

 

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