Middle-Eastern Tech Companies are Seeking Skilled Software Developers – Analytics Insight

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Disclaimer: The information provided in this article is solely the
Disclaimer: The information provided in this article is solely the
Disclaimer: The information provided in this article is solely the
Disclaimer: The information provided in this article is solely the
One out of every two skilled software developers quit their job in Middle-Eastern Tech Companies and start working for a company abroad, resulting in software developers scarcity in Turkey and other middle eastern countries. The leading software and technology companies in the country considering a raise twice a year in order to retain their skilled software developers, research has revealed. According to the research, in which a total of 70 technology companies participated, 60 percent of the companies stated the main reason behind the software developer crisis in Middle-Eastern Tech Companies is job offers from foreign markets.
Foreign companies, who saw the spread of remote working as an opportunity, started to employ technology talents in Türkiye as they are able to offer software developers jobs with low salaries compared to their home countries but much higher than a company can offer in Türkiye, according to the research.
The demand for highly skilled software developers continues to grow. IDC, a leading market intelligence firm, predicts a shortfall of four million developers by 2025 (paywall), while the U.S. Bureau of Labor Statistics shows almost 200,000 developer jobs will need filling each year through the end of the decade.
While this type of job demand—and theoretical job security—presents an opportunity for developers to benefit from a booming job market, there is a downside. The work of software developers continues to increase in complexity, negatively countering the excitement many developers have for their work with burnout and resentment.
The rate of companies that worked completely remotely last year was 6 percent, while this rate increased to 24 percent this year.
Companies provide flexibility to their employees in deciding the days to work from the office, while many companies leave this decision to their employees.
Almost half of the Turkish companies offer company shares to their employees in order to prevent the software crisis, while the employee’s performance is mostly taken into account in the stock application.
A report from software platform LaunchDarkly revealed that nearly 7 in 10 developers (67%) have left a job due to pressure around minimizing deployment errors or know someone who has.
An overwhelming number of developers believe business leaders need to prioritize simplified development processes, according to the report, with 94% agreeing that internal processes, tools or culture are necessary to their feeling safe about taking risks to deploy updates.
Meanwhile, more than 6 in 10 (61%) say their companies’ cumbersome development processes are barriers to innovation.
Another study, from software firm EDB, found that developers continue to eye their job options even in the face of a possible recession. When asked about their current roles, just under half (46%) said they were very satisfied.
Widespread developer apathy means corporations face an innovation crisis on a global scale, said Theresa Mammarella, a software engineer at Sonatype, a software maker.
“Developers are more responsible now than ever before,” she pointed out. “As a result of automated build processes and growing speed to market pressures, organizations are cutting back on teams focused on software QA, security and governance, forcing developers to take on those teams’ responsibilities.”
The research also reveals that some 20 percent of companies also offer profit sharing to their employees, and such premiums have started to be used more often as a means of retaining employees in an inflationary environment.
In the research, which also evaluated health insurance among the possible causes of the software developer crisis, the rate of companies providing health insurance increased to 57 percent, while the rate of companies providing private health insurance considerably increased in the last two years.

Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.


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