The tax credits and innovation funding market in the U.S. is thriving, as new federal incentives are there for the taking, and research-intensive businesses continue to work on new innovations.
The US R&D sector is constantly beholden to evolving regulatory changes and local jurisdictions creating their own laws. The result is a surging demand for experienced tax credit specialists who can navigate this increasingly complex world.
We have compiled this report to provide an overview of the talent market in the United States. This will be of interest to anyone who is hiring in R&D tax or anyone who may be looking for their next career move in this field. Equally, it may be useful to anyone who simply wishes to understand more about this sector.
We initially explain the value of innovation funding and what programs and incentives are currently available. We then examine the types of firms which hire R&D tax credits specialists, explaining the pros and cons of working for each type.
We conclude by wrapping up what all of this means from a talent perspective and take a deep dive into the current recruitment market - including salary guides – and advice on how firms can bolster their recruitment and retention efforts to put themselves in a competitive position.