Suzie Coen

2022 might have brought extreme highs and lows for workers, with hiring freezes and layoffs at many of the nation’s largest companies (from Microsoft to Disney to 3M), but 2023 has shown that there are still companies which will continue to double down on improving employee experience to attract and retain talent.

Despite the wave of widespread layoffs that hit the tech industry in 2022 and 2023, the technology sector is still flourishing. Tech companies are projected to grow by 15% by 2031, according to data from the U.S. Bureau of Labor Statistics. Tech salaries are also on the rise thanks to a demand for talent across nearly every industry. A recent industry report indicated that salaries increased 2.3% between 2021 and 2022, reaching an average tech salary of $111,348 per year. The report also showed that there were quite a few interesting shifts when looking at salary by location.

It is no secret that tech has had a long-standing diversity and inclusion problem. Leadership roles continue to be dominated by homogenous teams lacking diverse backgrounds, while women, people of color, and those belonging to the LGBTQ2S+ community continue to lack representation.