Insights from 1,500 offers at 25 tech companies reveal significant skill-based pay premiums above Hardware and Electrical Engineering job families.
Identifying required skill sets and structuring offers accordingly is critical when recruiting candidates with in-demand semiconductor skills like OpenGL and Integrated Circuits.
Base salary premiums relative to Hardware Engineering vary significantly depending on specific skills – from +1% for Printed Circuit Board to +21% for OpenGL.
The high demand for niche skills is evident in the growing use of sign-on bonuses and declining offer acceptance rates.
In semiconductor labor markets, the hiring environment tilts in favor of employees.