State of Global Hiring Report 2022

Today’s economic environment is making cross-border hiring more attractive than ever before for companies. Access to a large pool of high-quality talent, plus remote work trends, keeps driving global hiring growth.

The state of global hiring: Deel’s latest report looks at the last six months, showing that the pace of global, distributed hiring is still accelerating.

• Deel’s data, pulled from 100k+ worker contracts, indicates that the rate of global hiring increased in all regions, with companies in LATAM and APAC leading the way.
• Given the high demand for talent and a shortage of available candidates, companies are looking outside higher-cost countries to find quality talent. As a result, salaries are rising worldwide, particularly in Italy, Brazil, and India.
• Demand for product and design roles is shifting from the US to countries such as Argentina and India.
• London, Toronto, and Buenos Aires are the most popular cities for remote workers.
• Ukraine makes its first appearance in the top three most popular countries in EMEA to hire from, second only to the United Kingdom.

The takeaway for employers and workers: Finding high-quality talent might require broadening your hiring pool. It’s time to think more globally if you want great talent that won’t cut into profits. For employees and contractors, finding the best job might require working for companies not based in your home country. This shift is helping people find better opportunities, with salaries on the rise in many developing economies.

Methodology: Deel’s report findings pull together aggregated data from Deel’s 100k+ teammate contracts and 11,000-plus customers across more than 150 countries, as well as over 500,000 data points from third-party sources. All countries, states, and cities in the report have at least 20 worker contracts on file as of June 2022. Because of the war in Ukraine, Deel is not accepting new customers in Russia; we’ve thus excluded Russia’s country data from the report.

Please note that Deel’s data is currently more representative of tech and remote hiring trends. The company’s data sets, while robust and growing (collected since 2019), do not yet evenly capture contracts across all industries.