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Quantitative Developers: A Future-Proof Career Path

November 14, 2023

Content

Introduction

Advanced quantitative (or quant) and algorithmic skills are increasingly needed across Poland’s tech sector. Quant developers build complex models, systems, and analytics leveraging mathematics, statistics, and programming abilities.

After a slowdown during the pandemic, demand for this specialised talent is accelerating again. Quantitative developers are sought after in diverse fields like finance, engineering, data science, and more. Emerging technologies and trends like AI and big data are also driving demand.

Let’s examine the key data points on Poland’s quantitative developer talent pool and hiring landscape:

Quantitative Developer Talent Pool Stats for Poland

  • 5574 professionals list quantitative development skills on LinkedIn
  • 1300 joined the talent pool in the past 12 months
  • 1065 changed quantitative developer jobs in the last year
  • 258 open roles currently
  • 86% male, 14% female
  • Median tenure: 1.4 years

Quantitative Developer Salary Ranges

Salaries remain strong, though slightly below recent peaks:

Level B2B Range UoP Range
Junior PLN 8,000 – 12,000 PLN 8,000 – 12,000
Mid PLN 20,000 – 26,000 PLN 18,000 – 25,000
Senior PLN 26,000 – 35,000 PLN 25,000 – 33,000
Expert PLN 36,000+ PLN 34,000+
Lead PLN 30,000+ PLN 30,000+

Check also our other posts about salary ranges for Quant Development related technologies:

C++ Developer Salaries

Java Developer Salaries

Python Developer Salaries

Geographic Distribution

Warsaw, Krakow, and Wroclaw have the largest quantitative developer talent pools:

  • Warsaw – 1734 (+23% one-year change)
  • Kraków – 1210 (+24%)
  • Wrocław – 671 (+25%)

However, strong talent is available across Poland’s urban centres:

Best Cities by Open Roles and Talent Pool

  • Wroclaw 671 (24 open roles)
  • Gdansk 466 (18 open roles)
  • Poznan 288 (5 open roles)

Companies have excellent quantitative developer hiring options across Poland.

Top Universities

The universities producing the most quantitative developer graduates:

  • AGH University of Science and Technology
  • Warsaw University of Technology
  • University of Warsaw
  • Wroclaw University of Science and Technology
  • Jagiellonian University

Poland’s academics have responded to tech sector demand by developing targeted educational programs for quantitative developers. The top schools provide a robust talent pipeline.

Top Employers

By Talent Pool Size

The companies employing the most quantitative developers in Poland currently:

  • Google – 295 (+13% one-year change)
  • EPAM Systems – 169 (-5%)
  • Nokia – 105 (-1%)
  • Capgemini – 73 (+6%)
  • Allegro – 62 (-6%)

By Talent Pool Growth

Firms rapidly expanding their quantitative developer teams over the past year:

  • Dropbox (+200% one-year growth)
  • Splunk (+186%)
  • Point72 (+144%)
  • Arista Networks (+133%)
  • Dell Technologies (+125%)

By Talent Pool Decline

Companies downsizing their quantitative developer investments:

  • IBA Group (-53% one-year decline)
  • S&P Global (-29%)
  • Fujitsu (-24%)
  • Goldman Sachs (-23%)
  • Luxoft (-22%)

As demand shifts, hiring strategies are being adjusted.

Attrition Rates

Companies with the highest quantitative developer turnover:

  • Qualtrics (42% attrition)
  • IBM (39%)
  • Luxoft (35%)
  • Tietoevry (34%)
  • Fujitsu (24%)

Retention remains an issue as developers frequently change roles.

Most Common Skills

Beyond core programming languages, quantitative developers often possess skills like:

  • Python (69% of profiles)
  • Java (56%)
  • C++ (24%)
  • Algorithms (50%)
  • Data Analysis (41%)
  • JavaScript (38%)
  • C (28%)
  • C# (24%)
  • Data Structures (16%)
  • Apache Spark (13%)

Diverse analytical and data-related capabilities allow quantitative developers to derive insights from complex systems.

Fastest Growing Skills

The skills gaining adoption among quantitative developers:

  • REST APIs (+109% 1-year growth)
  • Google Cloud Platform (+92%)
  • Microsoft Azure (+85%)
  • Typescript (+78%)
  • Kubernetes (+76%)
  • Pandas (+68%)
  • Amazon Web Services (+61%)
  • Data Structures (+49%)
  • Mathematics (+39%)
  • Statistics (+34%)

Cloud infrastructure, containers, and new languages are priorities for skill building.

Outlook for Quantitative Developers

The need for quantitative capabilities continues rising across Poland’s tech sector. Both new and established firms have open roles to fill with this specialised talent.

Salaries remain competitive, though slightly below recent peaks. Demand is driven by trends like AI/ML, big data, and growth in finance technology.

While supply has expanded from universities, recruitment remains competitive – especially for senior quantitative developers. Retention is an ongoing obstacle.

Still, Poland provides a deep talent pool and excellent career opportunities for those interested in this complex, valuable skill set. Quantitative developer roles will continue growing over the coming years.

NTIATIVE is a recruitment agency for Software Developers and related roles, including Quantitative Developers. We find tech talent in Krakow, Warsaw, Gdansk and all other major cities in Poland.

Read also our other posts in the Talent Insights series:

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