How blockchain companies changed their hiring strategy in 2023

Blockchain technology is quickly becoming a mainstream technology, and companies in the space are evolving their hiring strategies to keep up with the rapid pace of change. Here are four ways that blockchain companies have changed their hiring strategy in 2023:

  1. Prioritising cross-functional skills: In the past, companies would typically hire developers with a specific set of skills, such as experience with a particular programming language. However, as the industry evolves, companies are realizing the importance of cross-functional skills, such as experience in product management, marketing, and business development. This allows companies to build more well-rounded teams that can tackle a variety of challenges.
  2. Emphasizing soft skills: As blockchain technology becomes more mainstream, companies are recognizing the importance of soft skills, such as communication, teamwork, and leadership. These skills are essential for building successful teams and fostering a positive company culture.
  3. Remote hiring: The COVID-19 pandemic has accelerated the trend of remote work, and blockchain companies are no exception. In 2023, many companies are now open to hiring remote employees, which has greatly expanded the pool of potential candidates.
  4. Focusing on education and training: The blockchain space is still relatively new, and there is a shortage of skilled talent in the field. To bridge this gap, companies are focusing more on education and training. This includes offering training programs for new hires and investing in continuing education for existing employees.

In conclusion, the blockchain space is rapidly evolving, and companies are adapting their hiring strategies to keep up. Companies are now prioritising cross-functional skills, soft skills, remote hiring, and education and training to attract and retain top talent. This shift in hiring strategy is not only good for the companies but also for the individuals who are looking to take a step into the blockchain industry as they have more opportunities and flexibility.