from Gergely Orosz | by Gergely Orosz

How hot is the market for software engineers? Hotter than I've ever seen. Here's proof. Dozens of companies have taken an extreme measure: increasing compensation out-of-cycle, during the year, because they see *so* much attrition. Data on this (thanks for everyone sharing 🙌) t.co/DFSXaGhF84

See more data points and read a longer analysis here: t.co/4xPtnjwXZY Especially relevant for hiring managers and doing budget planning for next year. Get ready to move with the market 💰. It's one of these years.

"Does increasing compensation out-of-bounds stop all people from leaving?" No: some will leave anyway. However, by doing so - in line with the market - you'll have lots of people not even start a job search on a hot market, as they'll feel valued. t.co/Vtl0bDNkgG