According to Glassdoor research, bitcoin, crypto and blockchain jobs are increasing 300% year-over-year. New York and San Francisco in the United States while London, Singapore and Hong Kong all over the world are seeing the highest growth along with a big jump in salaries.
Application for talent in space amplification Crypto and Blockchain
Well, Bitcoin prices may not see much action, but Bitcoin's jobs definitely surpass the encrypted prices.
According to data provided by search of the Glassdoor work site, an increase of over 300% in the number of jobs related to Bitcoin, encryption and blockchain has been observed. The growing demand for talent in the United States saw a record of 1,775 open positions as of August 2018 compared to 693 at the start of the year and 446 similar job listings last year.
The research states: "As Bitcoin has captured public interest in the last year, companies have quickly invested in recruitment for roles related to Bitcoin and blockchain, even in the face of regulatory uncertainty and volatility in "prices.
The report notes that "Blockchain technologies and cryptocurrencies have gained popularity in the last year, moving from a niche technological curiosity to an explosive financial market worth hundreds of billions of dollars." Bitcoin and other cryptocurrencies have quickly conquered a broader interest from amateur enthusiasts, venture capitalists and large companies hoping to exploit the growth of technology and goods ".
In the United States, New York City and San Francisco have the highest concentration of these jobs and a presence in San Jose, Chicago and Seattle. At the world level, with a 16% stake, London is the best among the top in the standingsInternational metrics for blockchain job openings on Glassdoor. It is followed by Singapore, Toronto, Hong Kong and Berlin.
When it comes to professional roles, technical jobs dominate the space. Software Engineer, Relations Manager Analyst, Product Manager, Front-End Engineer and Technology Architect. Even community and marketing managers do it in the top 10.
Mehul Patel, CEO of Hired shared,
"There is a ton of demand for blockchain, software engineers are very poor, but this is even more acute and that is why wages are even higher".
The data also reveal that the Bitcoin and Blockchain jobs pay far above the median salary of the United States, as reported: "the median salary for job opportunities related to the blockchain is $ 84.884 in the year. it's $ 32.423 or 61.8 percent compared to the US median salary of $ 52.461, according to Glassdoor in August 2018. "
Not long ago, CNN reported that the wage of blockchain engineers has increased on a large scale, coming in part to the wage of artificial intelligence experts.
Patel also added:
"There's a mentality here to take a long-term vision of planning. If you're going to develop blockchain technology, you have to get that talent."
Glassdoor has included its research with: "Even if the maximum survival capacity of cryptocurrencies and blockchain technologies remains to be seen, the blockchain job market seems ready to continue its rapid growth in the near future".
These data are limited to consolidating the fact that awareness, attraction and demand for experts in the field of blockchain and cryptography are increasing only when people anticipate and predict a bright future.