The Surge in Crypto Job Postings
Recently, it’s been reported that the crypto and blockchain job market is experiencing a meteoric rise. Indeed, an employment website, revealed that as of mid-July 2021, there’s been a jaw-dropping 118% increase in crypto and blockchain job postings since September 2020. You might say it’s the job seeker’s version of a bull market!
Changing Dynamics of Roles
With this growth, the types of roles being recruited for are also evolving. The report highlights that management roles in the sector have seen a 29.87% year-on-year increase. Human resource positions are following suit, skyrocketing 200% over the same period. In contrast, software development positions have shrunk to just 29.7% of overall postings, a decrease from 34.8% in the previous year. If you’re a coder, don’t worry too much; it doesn’t mean you should throw in the keyboard just yet!
Why the Higher Pay?
It’s not just the number of postings that’s enticing but also the salary potential. Blockchain-related roles are known to offer higher salaries compared to other tech jobs. Why? Because they require a superhero-like set of skills, including cryptography knowledge and expertise in ledger economics and programming. So, it seems that being a techie in the crypto world means you might find yourself fetching a pretty penny!
Education: A Lagging Partner
Surprising, but true: while crypto and blockchain have been slowly making their way into academic programs, many of today’s top developers are still learning on their own. A stunning revelation suggests that educational institutions are lagging behind the industry’s rapid growth. If you think about it, those endless YouTube tutorials might just be the real MVPs here.
The Remote Work Advantage
Thanks to the pandemic, reliance on remote work has become the new norm, and it seems to align perfectly with the decentralized ethos of the crypto industry. Core developers and researchers are taking advantage of flexibility, collaborating with various partners and juggling multiple projects all from the comfort of their home offices (or couches).
Who’s Hiring?
The report also mentions a swath of public and private sector players looking for crypto talent, from intelligence agencies to banking giants. On the private side, Fidelity Investments is eyeing a 70% workforce increase, while JP Morgan is in the market for blockchain-focused developers. Not to forget Amazon, which is reportedly searching for someone to spearhead its blockchain strategy. Who knows, you may soon be able to check out with Bitcoin alongside your cat-shaped gummy bears!
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