New figures revealed today by Adzuna and Silicon Milkroundabout show a huge increase in demand for talent in tech, and an increase in the number of people who would consider a startup vs. a bank
London, UK, 3rd May 2013: Silicon Milkroundabout, the leading jobs fair for the tech startup scene, and job search engine Adzuna, have today revealed new figures that show that there are more jobs than ever before in the UK’s tech startup scene.
Tech hubs around the country, including London’s Tech City, are hiring for 3,229 positions, up 22% since 2012. London leads the startup job market with 34% of all current open positions found in the UK, followed by Cambridge with 27%, Brighton with 11% and Bristol 8%.
The figures also revealed which sectors startups are successfully targeting, as they experience growth and an increased need for talented employees. Software as a Service (SaaS) came in top with 15% of the total demand, followed by Travel & Holiday, Retail & E-Commerce and Music with 11% each, followed by Gaming, Business Management and Social at 10%.
Developers are in hot demand with 1,122 jobs currently on offer, with marketing roles second at 642 and product at 527. In comparison to the wider UK tech market, startups are eager for Ruby developers with 14% of startups hiring, compared to just 2% across the broader tech industry. This is followed by iOS at 8%, Android at 7% and both Java and Python at 6%. Startups also tend to look for more experienced candidates: only 6% of the roles on offer at Silicon Milkroundabout are for graduate-level positions, versus 10% in the wider UK tech market.
The growth in startup jobs corresponds to a growing trend in the technology sector for people to join these smaller, younger companies. In a survey of tech workers conducted by Silicon Milkroundabout, 67% of respondents would be “easily persuaded” to join a startup company and 25% of people said they were “only considering a startup” for their next job. For many this is a new direction: amongst those surveyed 49% have never worked for a startup before. Moreover, 72% of respondents did not expect or care about having a higher salary – suggesting that the traditional advantage banks and bigger technology companies have held over startups is lessening in importance.
“More and more people are considering working for a startup because of the benefits that can’t be offered to employees at a bank or larger tech company” said Pete Smith, co-founder of Silicon Milkroundabout.
“Our survey found that when looking to work for a startup candidates highly rated equity (65%), job satisfaction (97%) and learning opportunities (97%), as well as getting a say in hiring colleagues, closer proximity to customers, and being at the cutting edge of technology.
“As the UK tech startup scene continues to mature, more of us will get the chance to experience from the inside the excitement and pace of development that is being achieved in these small, ambitious teams.”
Andrew Hunter, Adzuna co-founder, added "It's great to see the UK tech start up scene really moving through the gears in 2013. It's clear from the data that more and more job seekers are choosing startups over banks. The pay might not be quite as good, but the excitement of startup life and chance to make an immediate difference are clearly enticing more and more bright minds into start ups"
Joanna Shields, CEO of Tech City and UK Business Ambassador said: ‘These statistics are extremely encouraging. I passionately believe that technological innovation is by far the most powerful change agent and that entrepreneurship is the greatest force for economic growth. It’s vital that more and more people see joining a young business or starting a company of their own as a viable career path. The government has introduced measures and policies that remove the obstacles to success one by one and we now have an incredibly powerful package of support for entrepreneurs and businesses at every stage. Combining this with the growing appetite demonstrated by today’s figures, there’s never been a better time to imagine, start and grow a business in the UK.’
The top hiring startups in the UK, which include Mind Candy with 38, King with 33, Skyscanner with 30, and onefinestay with 29, will be attending Silicon Milkroundabout next weekend on May 11th and 12th in East London.
Details of the next event:
“Product Management & Design” Saturday 11th May 2013 -
Jobseekers in the fields of Product Management, UX Design (Interaction Design, Visual Design, User Research and Prototyping), Intelligence/Analytics, and Growth Hacking.
“Engineering” Sunday 12th May 2013 -
Jobseekers in the fields of Software Engineering, Web Development, QA/Testing, and TechOps.
Time: 12pm – 5pm
If you are a designer, developer or product manager looking to join a startup, to register and for further visit http://siliconmilkroundabout.com
For Start-ups looking to participate - if you'd like to know more about participating in Silicon Milkroundabout or future events, please contact the team via the website – firstname.lastname@example.org
Silicon Milkroundabout will also be offering a number of limited highly-subsidised pitch spaces for "bootstrapped" startups, defined as "have not raised external capital, would not be able to afford this otherwise". For more information startups can email - email@example.com
The study analysed over 500,000 job ads in the month April 2013 to determine the average salaries, location and sector of all UK startup jobs. 2012 data is compiled from a similar Adzuna study in Q2 2012
Silicon Milkroundabout surveyed a sample of 200 UK-based software engineers, product managers and designers on their attitude towards working for startups vs. established businesses.
Companies and PR Lead
Silicon Milkroundabout is the leading tech startups jobs fair that originated in London’s Tech City. Bringing together the startup community, Silicon Milkroundabout provides a space for startups of all stages to connect with potential candidates and find the talent they need to grow. The twice yearly jobs fair attracts 3,000 candidates to meet with 100 startups offering over 900 jobs in the fields of engineering, product and design. Roles on offer include Product Management, UX Design (Interaction Design, Visual Design, User Research and Prototyping), Intelligence/Analytics, Growth Hacking, Software Engineering, Web Development, QA/Testing, and Tech Ops
Adzuna.co.uk is a search engine for classified ads used by over 1.5 million visitors per month which makes it easier to find the right job for you. We search thousands of websites so you don't have to and bring together millions of ads so you can find them all in one place. We add powerful search, insightful market data and social connections, so you can find your perfect job with a little help from your friends.
Adzuna’s data also powers the Number 10 Dashboard, used by the Prime Minister and senior officials to keep track of economic growth on a daily basis.
Adzuna.co.uk was founded in 2011 by Andrew Hunter and Doug Monro, formerly of eBay, Gumtree, Qype and Zoopla and is backed by leading Venture Capital firms Passion Capital, The Accelerator Group and Index Ventures. For more information please contact Andrew Hunter at firstname.lastname@example.org or on 07957324720.
Infographic - download from https://www.dropbox.com/s/zhpbujfj2wxb9e0/SMR5.0-Infographic-V3.png