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State of Toronto Tech Hiring: 2025 Outlook

Market trends, hiring velocity, and what to expect in Toronto's tech ecosystem this year.

Stem Connect Research

December 15, 20245 min read

# State of Toronto Tech Hiring: 2025

After the corrections of 2023-2024, Toronto's tech hiring market has found its footing. Here's what we're seeing.

## Market Temperature

**Hiring velocity**: Up 15% from Q4 2024. Companies are hiring again, particularly for revenue-generating and product roles.

**Layoff frequency**: Down significantly. The correction phase is largely complete.

**Time to fill**: Averaging 6 weeks for senior roles, down from 10 weeks in early 2024.

## Hot Areas

**AI/ML Engineering**: Demand far exceeds supply. Companies are paying premium rates for applied ML talent.

**Growth Marketing**: As companies refocus on efficient growth, experienced growth marketers are in demand.

**Staff+ Engineering**: Companies want senior ICs who can drive technical direction without management overhead.

## Cooling Areas

**Junior Engineering**: Entry-level hiring remains constrained. Companies prefer experienced hires.

**Recruiting/HR**: After layoffs, many teams remain lean and aren't rebuilding TA functions.

## Salary Movement

Compensation is stabilizing after the pandemic inflation spike. We're seeing: - 3-5% increases for standard merit raises - 15-25% increases for job changes (down from 30-40% in 2021-2022) - Flat or declining total comp at levels where equity has lost value

## 2025 Predictions

1. **Hybrid solidifies as default**: Fully remote roles will become rarer outside of specific companies/functions.

2. **Equity scrutiny increases**: Candidates will ask harder questions about cap tables and liquidation preferences.

3. **AI augmentation becomes table stakes**: Every function will be expected to leverage AI tools for productivity.

4. **Toronto-US gap narrows further**: More US companies will build Toronto engineering centers, pushing up local comp.

5. **Quality over quantity**: Companies will hire fewer, more senior people rather than building large junior teams.

*Based on Stem Connect data and conversations with 50+ Toronto tech leaders.*

Market TrendsTorontoTech Hiring2025

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