5 Powerful Strategies to Attract Top Tech Talent in 2024

Tech hiring in 2024 is a whole new game, and companies that want to stay ahead must evolve their recruitment strategies. The demand for top tech talent continues to rise, but attracting the best and brightest isn't just about offering competitive salaries anymore. Today’s tech professionals expect more—they want to work on exciting projects, have flexibility, and be part of a culture that promotes growth.

In this article, we’ll explore 5 powerful strategies that will help you attract top tech talent and stay ahead of the competition. Whether you’re struggling to fill roles or facing stiff global competition, these actionable insights will give you the tools to build a winning recruitment strategy in 2024.

Overview of the evolving tech hiring

If you’re still relying on the same old strategies from just a few years ago to bring in tech talent, then you’re probably feeling the pressure. The demand for top-tier tech talent has skyrocketed, but the talent pool? It’s shrinking, and candidates are more selective than ever.

In 2024, tech professionals have the upper hand. With skills in AI, cloud computing, and cybersecurity at an all-time high, they’re not just looking for a paycheck—they’re after roles that offer flexibility, exciting projects, and a culture that fosters growth. This shift in expectations means that simply offering a competitive salary is no longer enough to attract the best in the field. Companies that fail to align their recruitment strategies with what tech talent values most will lose out to competitors who are quicker to adapt.

According to UBIMINDS, approximately 73% of IT leaders identify recruiting and filling open tech positions as a major challenge, exacerbated by high turnover rates in IT staff. 

The competition for tech talent is fierce, and if you’re not adapting your approach to this new landscape, you could be losing out to companies that are quicker to meet these changing expectations. 

Common hiring challenges tech companies face in 2024

Since hiring tech talent in 2024 isn’t what it used to be, let’s talk about some of the biggest challenges recruiters are facing this year:

The talent shortage is real

We’re all feeling it. There’s a massive demand for specialists in areas like AI, cybersecurity, and blockchain, but the supply? Not so much. This talent gap means that recruiters are all vying for the same small group of highly skilled candidates, and if you don’t move fast or offer something special, you’re out of the race.

“The Bureau of Labor Statistics reports that the overall developer shortage will reach a staggering 1.2 million by 2026.” (Source: Grid Dynamics)

Candidates have higher expectations

It’s not just about the paycheck anymore. Tech candidates want the full package—remote work options, a culture they vibe with, and room for growth. They’re carefully weighing what companies can offer them, and if your company doesn’t have a clear career path or exciting projects, they’ll quickly move on to other opportunities that do. According to HR DRIVE, about 90% of tech workers indicated that the option to work remotely is a crucial job consideration.

Navigating the rise of tech freelancers and gig workers

Many top-tier tech professionals are moving away from full-time employment, preferring freelance or gig work. Platforms like Upwork and Toptal have made it easier for developers, data scientists, and engineers to work on short-term projects that interest them, without committing to a single company.

Global competition is tough

Thanks to remote work, tech talent can now work from anywhere in the world, and that means your competition just got global. You’re not just up against local companies anymore—big tech firms from across the globe are making offers too, and they’ve got the resources to back it up. If you’re a smaller company, you’ll need to find creative ways to stand out, like emphasizing your unique culture or offering strong career development paths. 

Non-compete clauses in a global market

Companies are facing legal hurdles around non-compete clauses, especially when hiring across borders. Some regions or countries have different laws regarding non-competes, which can complicate onboarding and retention strategies. In certain cases, companies can’t fully enforce non-compete clauses across international borders, which makes it easier for talent to leave for competitors. Additionally, legal compliance in different countries can slow down the hiring process or lead to complex contract negotiations.

5 Powerful strategies to attract top tech talent in 2024

1. Build a tech-first employer brand on emerging platforms

What: It’s time to move beyond LinkedIn and the usual job boards. If you want to stand out, you’ve got to go where the tech talent really hangs out - on platforms like GitHub, Stack Overflow, and newer spaces such as Discord developer communities. These are the spaces where they collaborate, share projects, and show off their skills.

Why: Tech pros are more likely to engage with companies they see actively contributing to the community. They’re not just looking for jobs—they want to work for companies that get what they do and understand their world. By building your presence on these platforms, you’re putting your company front and center in the spaces where top talent is already interacting.

How: Start by getting your team involved. Have them contribute to open-source projects, participate in technical discussions, and host virtual events or AMAs (Ask Me Anything). Highlight your tech stack, showcase exciting projects, and make sure you’re sharing your team’s wins and innovative work. This builds trust and positions your company as a leader that tech talent would be excited to work with.

2. Offer Equity 

What: Providing equity—through stock options or ownership stakes—is becoming a critical factor in attracting top tech talent, especially for high-demand roles like developers, data scientists, and AI specialists. This means offering employees the opportunity to have a stake in the company’s success, not just a paycheck.

Why: For many tech professionals, especially those who thrive in startup or fast-growth environments, equity is a game-changer. It gives them a sense of ownership and long-term buy-in, which makes your offer stand out from others that might be offering a higher base salary but no skin in the game.

How: Be transparent. Lay out how your equity package works—what the vesting schedule looks like, how much ownership they’ll get, and how they can benefit as the company grows. This can be particularly attractive for senior roles or candidates with niche skills. Make it clear that by joining your company, they’re not just another cog in the machine—they’re a real part of its future.

3. Utilize AI and automation tools

What: Let’s face it, recruiting can be overwhelming, especially when you’re dealing with hundreds of applicants. AI and automation tools can help streamline the process—automating things like resume screening, scheduling interviews, and even providing insights into candidate fit. One tool that you can use is Tapflow. It is an AI talent sourcing tool that is able to find and convert amazing candidates (that you don't usually find) using a prompt. Tapflow is the perfect tool for finding tech talent and it helps reduce the manual workload by using advanced algorithms to identify top tech talent in the market, rank their suitability, and optimize communication.

Why: Time is of the essence when recruiting tech talent. The longer your hiring process, the more likely it is that you’ll lose top candidates to faster-moving competitors. AI tools help you cut down on manual tasks, so you can focus on building relationships with high-potential candidates and moving them quickly through the pipeline. Tapflow helps recruiters move quickly through the candidate pool by automatically shortlisting applicants with the right skill sets, minimizing the time spent on resume review. 

How: Start with an AI-powered ATS (Applicant Tracking System) to filter resumes and identify the best candidates based on their skills and experience. Use automated tools for interview scheduling to save back-and-forth emails. AI can also analyze your existing talent pool and flag candidates that are a good match for new roles. It’s all about working smarter, not harder, and making the process smoother for both you and the candidates.

4. Host hackathons and tech events

What: Hosting hackathons, coding competitions, or other tech-focused events is a great way to meet and engage with talented developers and engineers. These events allow you to bring together tech enthusiasts who love solving challenges and working on innovative projects.

Why: Hackathons aren’t just fun—they’re a chance for you to see top talent in action. Rather than just reading a resume, you can watch candidates solve real-world problems, collaborate, and demonstrate their coding skills. Plus, these events put your company on the radar of skilled professionals who might not have been actively looking for a job.

How: Set up a hackathon that aligns with the kinds of challenges your company is working on. You can partner with universities, tech communities, or host virtual events that are accessible to a global audience. After the event, don’t just walk away—follow up with participants who impressed you, keep the relationship going, and offer them opportunities to join your team if there’s a good fit.

5. Prioritize candidate-led interviews

What: Flip the script. Instead of putting candidates through a series of standard questions, let them lead. Give them the opportunity to present a project, walk you through their thought process, or even solve a real-world problem your team is working on.

Why: Traditional interviews often don’t give candidates a real chance to shine, especially in tech roles where creativity and problem-solving are key. When you let candidates show you what they’re passionate about, you get a much better sense of how they’ll actually contribute to your team. Plus, it makes the interview process more engaging for them, too.

How: During the interview, ask candidates to bring in a project they’ve worked on—something they’re proud of—and have them walk you through it. Encourage them to explain how they tackled challenges, why they made certain decisions, and what the outcome was. You can also present them with a current problem your team is facing and ask for their input. This creates a more dynamic, two-way conversation and gives you a real insight into how they think and work under pressure.

Conclusion

It’s no secret that if you want to hire top tech talent in 2024 the process will be challenging, but I think there’s more to it than just keeping up with trends. The reality is, many companies are still playing catch-up, relying on outdated methods or thinking that offering a higher salary will do the trick. But here’s the thing: money isn’t the only motivator anymore, tech professionals today are looking for something deeper—they want meaning in their work, opportunities for growth, and most importantly, they want to feel like they’re making an impact.

Now, I’m not saying that competitive compensation isn’t important. It definitely is. But if you want to attract the best talent, you’ve got to offer more than that. You need to provide flexibility—not just remote work, but real autonomy in how and when they work. You need to build a culture where innovation isn’t just a buzzword but something that’s actively fostered, and where employees feel they have a real stake in the company’s success.

In my opinion, the companies that win in 2024 will be those that genuinely invest in their employees' personal and professional development. If you’re not giving people the tools, support, and freedom to grow, you’re going to lose them. It’s about creating a partnership with your talent, where they’re as invested in the company’s future as you are in theirs. Think about it—if someone feels like they’re part of building something meaningful, they’re not just going to jump ship for a slightly higher paycheck elsewhere.

And another thing: don’t overlook the power of community engagement. Top tech talent often comes from places you might not expect—niche forums, open-source projects, or even tech events you’re not a part of. My advice? Get involved, show up where they are, and make it clear that your company isn’t just another corporate machine but a place where they can thrive.

So, in the end, it’s about more than just strategy. It’s about building a culture and offering an experience that tech professionals actually want to be part of. Those are the companies that will attract the best talent in 2024—and hold onto them for the long haul.