High-tech job vacancies soar 300% despite Covid

The OurCrowd High-Tech Jobs Index for Q2 2021 shows strong demand for startup recruits despite the ongoing Covid-19 pandemic, with a 300% year-on-year increase in the number of jobs advertised from Q2 2020 to Q2 2021. There are now more than 3,300 jobs advertised on the OurCrowd Portfolio Jobs page. OurCrowd portfolio companies have no plans to slow down their proactive hiring strategy – more than 60% are growing their teams. Software engineering and business development are the sectors most in demand. Hybrid working continues across the industry. While 95% of companies have reopened their offices, only 13% are in the office full time while 80% allow employees to work from home part time. 77% of Israeli companies surveyed say they expect the hybrid model to continue at least until December. “As the spread of the Delta variant throws workplace planning in doubt once again, the widespread adoption of remote working patterns suggests many high-tech companies will be able to continue their business activities with minimal disruption,” says Laly David, Business Development Partner at OurCrowd. “Most important, the trend of hiring employees from peripheral geographic areas is here to stay and fortunately even grow.”

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