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Competition for good talent jacking up salaries?
Maybe it has increased now. More demand, less supply, etc. Could be companies ramping up offshore talent pool expecting more work post pandemic.
It's definitely a change in demand. I've been noticing it too (and benefiting from it lol). The pandemic has meant that a lot of people have budget to do projects they were deprioritizing...but now that lots of people are in the same boat, it's driving up demand + what another user said about shoring up offshore talent pools
It's partly due to a drop in external economies because of the pandemic. They are bringing along their payment habits, but not quite as much money as they would be spending in their own economies.