What Does Denver Have to Offer Tech Professionals?
Work-life balance, cost-of-living: Why is tech talent flocking to the Mile High City?
Over the past few years, Colorado has seen a large number of people moving into the area, and in a recent list compiled by Outside magazine of the 50 best places to work in the country, companies based in Colorado made up nearly half of this list.
A lot of this activity centers around Denver, with U.S. News recently naming the city the third best place to live in the country. The tech industry in particular is thriving in Denver, injecting around $43.4 billion into Colorado’s economy in 2017 alone. But what exactly is it that makes Denver such an attractive option for IT professionals?
1. PLENTY OF JOBS + GREAT WORKING CULTURE
With a burgeoning tech scene, there’s plenty of demand for high-caliber workers across the ecosystem. Professionals should not struggle to find work or likeminded individuals to connect with. In fact, Denver is the second most popular city in the U.S for tech professionals, mainly due to a collegial working culture.
2. ATTRACTIVE SALARY PROSPECTS
Alongside a desirable working culture, salaries for tech professionals in Denver are also impressive. This field tends to offer a lot more in the Mile High City than other sectors, and the average salary comes in at in at around $112,000 for locals, jumping to $117,000 for those who have relocated.
3. GREAT WORK-LIFE BALANCE
With the cost of living skyrocketing in major tech cities like San Francisco and Seattle, many talented professionals are now seeking cheaper alternatives where they can enjoy their hard-earned dollars. Though cost of living in Denver is still high compared to similar cities, and continuing to climb, measured against some tech hubs, Denver offers a great alternative and boasts stunning landscapes, lots of outdoor activities and vibrant nightlife.
4. EXCITING STARTUP SCENE
Home to the hugely popular Denver Startup Week that takes place annually, Denver is a real hotspot for startups. Innovators from all over the world move to this business-friendly city to turn their bright ideas into reality, and with Colorado’s tech startups seeing over $1.1 billion from venture capital investors in 2017, it’s easy to see why.
Sunny Ackerman is the president of Americas for global IT recruitment firm Frank Recruitment Group. The company works with niche technologies and has 15 locations worldwide, including offices in Denver which opened September 2018.