DigitalOcean Report Finds Developers Quitting Over Compensation and the Lack of Remote Work Policies

DigitalOcean

DigitalOcean, the cloud for developers and startups, announced its latest findings in its report. Nowadays, developers’ talent shortage is getting worse for two reasons: compensation and lack of remote work possibilities. 

Over a quarter of developers started a new job in the past year, and 42% of those who didn’t are considering changing jobs this year. DigitalOcean’s report identified that compensation and the desire for fully remote or flexible work environments are the top reasons developers are considering quitting. 

DigitalOceans Report: Key Findings

For Gabe Monroy, ChiefProduct Officer at Digital Ocean:

“Attracting and retaining developer talent is evolving rapidly, and companies need to adapt to the new landscape. Businesses need to better understand developers and give them the tools, benefits, and pay they need to be successful — business survival in the digital era depends on it.”

Key findings of the report show:

  • Job satisfaction among developers may be low, but entrepreneurship is high. 8% of developers who left their job have started their own companies
  • Developers are turning to the open-source community. When asked what they have gained from contributing to open-source, developers reported enhanced skills (35%), networking (19%), and job opportunities (11%).
  • Developers want to contribute to open source while on the clock. 64% of companies use open source code for more than half of their software. However, most businesses don’t give their developers time or compensation to contribute to open source projects. 79% of developers want to be able to contribute to open-source during the workday, and a majority believe that they should be paid for those contributions.
  • Developers are not buying into Web3/blockchain hype: Despite the buzz around blockchain and Web3 technologies, 67% of developers do not use blockchain/Web3 yet. They also have mixed opinions about it.
Total
0
Shares
Related Posts
15585

Welcome back. Let's hang out again

Nice seeing you again!

You're a fan of us, we're a fan of you—let's make this official.


Sign up for our weekly newsletter and never miss out on something important from Think Remote again:

15585

JOIN US (WE HAVE COOKIES!)

You're interested in news & tips about remote work? What luck! That's what we do! Better join our newsletter so we can hang out