German tech jobs growth – great for Software Developers
Unemployment numbers in Germany are falling by the month and the economy is booming. As we’ve said before, this is not shocking news, it is Europe’s largest economy. However, the shortage in the MINT sector is still abundantly clear. A quick search on Jobs.de is a clear indicator of the current lack of skilled software developers in the Germany. There are a vast amount of German tech jobs waiting to be filled.
A recent search of the term “Software” in jobs.de bounced back a whopping 19,790 unfilled roles. We did a similar search on StepStone.de and 18,514 jobs were returned. A recent report from IW (Institut de Deutschen Wirtschaft) indicates that there is an incredible 440,000 unfilled MINT (Mathematicians, IT Specialists, Natural Scientists and Technicians) vacancies in Germany.
The surge in German tech jobs
This surge in demand for MINT workers means that there has never been a better time for software developers. Tech industries are growing. Between the demand for IT professionals in the car market to the fact that every good business in Germany uses websites and apps, this surge is set to continue. With tech investment from the likes of Contemporary Amperex Technology Ltd. (CATL) for the creation of a lithium cell factory in Erfurt, Germany – which will result in 600 jobs over the next 4 years, the tech skills gap in Germany looks like it’s going to get even wider.
As a result, this increase in demand for software developers has also lead to an inflation in wages. Payscale.com indicates that the average starting salary for a software developer in Germany is €45,000. After 5 years, the average salary can be as high as €64,000.
Similarly, the gap is getting bigger Europe-wide. Estimates show a shortfall in MINT workers of between 500,000 and 900,000 by 2020. In fact, Eurostat Statistics estimate that 41% of European companies who are trying to recruit in ICT (Information and Communication Technologies) are finding it difficult to hire staff.
Because the gap is getting larger, and as a result of all of these shortfalls, now is a great time to step into the industry. Never before has there been such an advantageous time for career changers and budding software developers. Furthermore, access to online coding courses is more prevalent than ever before. Above all, closing this gap is paramount to global economies and the growth of tech.