The IT industry in Serbia encountered a significant crisis around mid-last year, which continues to persist, albeit with gradual signs of improvement, according to industry representatives, experts, and IT professionals.
The demand for retraining, once highly sought-after before the crisis, has notably declined. This shift is attributed to the current challenges in securing employment in the IT sector, as well as the diminishing allure of easy money. Moreover, the perks and conveniences previously associated with the industry have diminished, as noted by IT experts interviewed by Forbes Serbia.
Juniors have borne the brunt of the crisis, with many companies opting for cost-cutting measures, including layoffs, where junior positions were often the first to be affected. Consequently, juniors now face heightened difficulty in securing new positions, given the preference for experienced candidates and a more cautious approach to hiring.
The market overview provided by HelloWorld website representatives underscores a challenging landscape for IT employment. Job advertisements have decreased significantly compared to previous years, with fewer opportunities available for junior programmers. Senior and mid-level programmers are now preferred due to their experience, which facilitates easier integration into roles and tasks.
The integration of artificial intelligence (AI) is becoming more prevalent across various companies and systems, driving the development of AI-based products. Despite this, sporadic layoffs of senior staff have occurred in some companies, leading to increased availability of experienced professionals in the market, a phenomenon previously uncommon.
Salary differentials among junior, mid-level, and senior positions reflect the evolving dynamics of the IT job market. Seniors command higher average salaries, ranging around 2,250 euros, while juniors and mid-level professionals earn comparatively lower wages. The hiring process now places greater emphasis on candidates’ work habits and results, alongside their years of experience.
Srdjan Sakic, Head of Project Management at Quantox Technology, emphasizes the importance of work habits and results, alongside years of experience, in securing and retaining jobs in the IT sector. He notes a shift towards evaluating candidates based on their performance and contributions, rather than solely on tenure.
Challenges persist for mid-level professionals like Anastasia Engelhardt, who entered the IT sector through retraining. While the demand for mid-level positions has increased, job roles are often ambiguous, posing challenges in finding suitable employment. Moreover, the shift away from fully remote work arrangements presents additional obstacles for candidates.
Despite these challenges, motivated individuals continue to enter the IT sector, albeit with a more rigorous hiring process and increased competition. The retraining process varies for each individual, typically lasting from four months to 18 months, depending on prior knowledge and market conditions.
In conclusion, while the IT industry in Serbia grapples with ongoing challenges, there remains a pool of motivated individuals seeking opportunities in the sector. Adaptability, continuous learning, and a focus on soft skills will be crucial for professionals navigating the evolving landscape of the IT job market.
