Blockchain jobs remain unfilled, while skilled workers are being poached

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Mirroring an uptick in job openings across the IT industry, blckchain professionals remain in high demand, especially for staff and middle manager positions, according to a new job market report from Janco Associates, a management consulting firm that conducts regular industry surveys.

“With 20,600 new IT jobs created in the first three months of 2019, the market is tight,” said Janco Associates CEO M. Victor Janulaitis. “There is a skills shortage, some projects are missing key early benchmark dates due to lack of staffing. Many blockchain and ERP positions remain unfilled and some organizations are seeing an increase in attrition rates for those positions.”

Janco Associates

Companies that have found blockchain professionals are also experiencing higher attrition rates as consulting firms and services companies are actively recruiting IT professionals in those roles by offering higher salaries and benefits, according to Janulaitis.

Salaries for blockchain developers range from $119,000 to $176,000, according several job search sites and Janco Associates. By comparison, software engineers earn an average of $137,000, according to Mehul Patel, CEO of the job search site Hired.

“In our monthly discussions with CIOs and recruiters, we are seeing more frustration as it becomes more difficult to find qualified individuals,” he said. “Everyone is concerned that as they fill positions the individuals are qualified and will remain with them for some time.”

The IT skills shortage is not limited to blockchain and ERP professionals as programmers and business analysts of all stripes are also in high demand, Janco  said.

IT job market segmentation Janco Associates