For instance, this McKinsey research
shows that hard skills are compensated 2 times higher than soft skills.
At the same time, researchers point out that changes in technologies and labor might force companies to close this gap.Another study
claims that even though soft skills are important for many employees, they still pay more attention to hard skills when it comes to hiring for an executive position. It seems like if you are looking for a junior position, you might want to pay more attention to development and proof of your soft skills.
Summarizing, we can claim that hard skills are still pretty much here.
And the idea that soft skills are now rewarded higher is questionable at best.