Climate tech hiring trends: October 2023 - March 2024

Introduction

• How long do job postings last?

• What are common job posting titles?

• What companies are posting the most jobs and where?

Hiring trends by Job Function:

• Analyzing 58,372 jobs

• Average time-to-fill (in days)
1. Sales: 31.9
2. Marketing: 35.9
3. Analyst: 36.0
4. Design: 38.5
5. Data Science: 40.3
6. Product Management: 41.5
7. Operations: 42
8. Electrical Eng: 47.1
9. Software Eng: 48.2
10. Machine Learning Eng: 48.3
11. Mechanical Eng: 49.0
12. Hardware Eng: 50.2
13. Chem Eng: 51.5

• Total new jobs
1. Sales: 4,605
2. Analyst: 1,803
3. Operations: 1,778
4. Design: 1,436
5. Software Eng: 1,263
6. Marketing: 1,073
7. Electrical Eng: 915
8. Mechanical Eng: 830
9. Product Management: 741
10. Hardware Eng: 239
11. Data Science: 123
12. Machine Learning: 86
13. Chemical Eng: 74

Take-aways for job seekers

• Climate tech companies are not just hiring engineers! Lots of different roles for everyone. In fact, sales is the #1 job role across companies

• Engineering jobs associated with physical production are hard to hire, namely mechanical engineering , hardware engineering, chemical engineering , all of whom take almost 2x as long to fill (50 days) as sales jobs.

• These jobs also require in-person work for the most part, so that probably is another reason for this effect.

Hiring trends by country

• Analyzing 55,592 jobs

• Total new jobs (top 5)
• United States: 27526
• Germany: 8267
• France: 2719
• India: 2035
• Canada: 1876

• Average time-to-fill (in days)
1. top 5
1. Scotland: 17.5
2. Norway: 22.6
3. Kenya: 24.4
4. Hungary: 24.7
5. Chile: 26.6
2. Of interest
1. United States 41.6
2. Germany 39.5
3. India 34.3
4. Canada 31.4
5. China 42.0
6. United Kingdom 42.5

• Statistically significant changes in hiring rates. From Oct 1 to March 1, 2024
1. France has seen moderate decline
2. Denmark has seen moderate growth
3. Serbia has seen moderate decline
4. Colombia has seen moderate decline

Takeaways for job seekers

• Most jobs take at least a few weeks to fill. This suggests using your network to apply for jobs even if there have been many applicants as a winning strategy

• As expected, U.S. and Germany lead as the top hiring climate tech countries but France and India and Canada are perhaps surprising entrants

Hiring trends by company:

• Analyzing 30,823 jobs

• Statistically significant changes in hiring rates
1. Fluence has seen moderate decline
2. Fisker Automotive has seen significant decline
3. Westinghouse Electric Company has seen moderate growth
4. 1Komma5° has seen moderate growth
5. EDF Renewables has seen moderate decline
6. BayWa r.e. has seen moderate decline

• Average time-to-fill (in days)
1. Everlight Solar: 8
2. 1Komma5°: 13.0
3. Statkraft: 17.4
4. CBAK Energy Technology: 26.7
5. EDF Renewables: 28
6. BayWa r.e.: 36
7. Arcosa Wind Towers: 37.9
8. Vestas: 38.2
9. Westinghouse Electric Company: 38.5
10. Fisker Automotive: 41
11. Rivian: 47.
12. Fluence: 47.3
13. Octopus Energy: 48.0
14. Tesla: 49.3
15. Lucid Motors: 52.7

• Total new jobs
1. Tesla: 9203
2. BayWa r.e.: 4797
3. Vestas: 2717
4. Everlight Solar: 2339
5. Rivian: 1773
6. Westinghouse Electric Company: 1728
7. 1Komma5°: 1453
8. CBAK Energy Technology: 1286
9. EDF Renewables: 1121
10. Lucid Motors: 840
11. Arcosa Wind Towers: 822
12. Fisker Automotive: 810
13. Statkraft: 780
14. Fluence: 607
15. Octopus Energy: 547

Takeaways for job seekers

• Jobs are power law distributed (see charts) Tesla for example posted more jobs than almost all of the other top 10 companies combined

• Large variance in how long it takes companies to hire a role— Everlight Solar hires 6 times faster than Lucid Motors for example

Hiring trends by climate tech vertical/sector

• 58,259 jobs processed

• Statistically significant changes in hiring rates
• No significant changes found for any

• Average time-to-fill (in days)
1. Clean Energy: 34.3
2. Built Environment: 35.
3. Carbon Accounting: 38.5
4. Financing & Fintech: 39.9
5. Food & Ag: 42.1
6. Nature Restoration: 42.4
7. Industrials: 42.5
8. Efficiency & Reduction: 44.6
9. Other: 46.4
10. Transportation: 47.8
11. Carbon Removal: 49.3

• Total new jobs
1. Clean Energy: 32,461
2. Transportation: 17,458
3. Food & Ag: 2,097
4. Efficiency & Reduction: 1,316
5. Industrials: 1,189
6. Built Environment: 949
7. Other: 866
8. Carbon Accounting: 827
9. Carbon Removal: 545
10. Financing & Fintech: 385
11. Nature Restoration: 141
12. Other Verticals: 25

Takeways for job seekers

• Energy and Transportation are the #1 & #2 verticals by far, matching the funding data as well

Conclusions

Footnotes