The traditional career ladder in tech may be losing its relevance, with fewer promotions and salary increases predicted for 2024, according to a study by Korn Ferry.
Embracing a "career lattice" approach, where one moves to a job offering similar pay but more opportunities for skill growth, is recommended as a way forward in the evolving tech industry.
Soft skills, such as analytical thinking, creative thinking, resilience, flexibility, and agility, are highlighted as crucial for future workplace success, according to The World Economic Forum's Future of Jobs Report 2023.