Tech Salary Statistics You Need to Know
Thank you, Dice, for sponsoring this post on tech salary statistics and for creating such an awesome industry report!
The tech industry is growing exponentially – you can tell that from the growing salaries and the demand for professionals. So let’s look at some key tech salary statistics that I think you should know!
All of this information comes from the Dice 2020 Tech Salary Report, which is super insightful if you’re looking to have a career in the industry. Dice is a leading tech career hub connecting employers with skilled technology professionals and providing tech professionals with career opportunities, data, insights and advice. Download the report to learn more – I’m sharing just the tip of the iceberg statistics in this post!
Alright, so let’s start with the elephant in the room:
1. Salaries per Job – Top 10 Highest Paying Jobs in Tech
These are average yearly salaries for these occupations. Of course, there are many factors that will go into the final number, including the company you’re working for and years of experience. However, this data is excellent for benchmarking and future planning!
I have omitted Data Architect with an average yearly salary of $128,890 because there were less than 100 respondents and so the results weren’t statistically significant. Learn more from the full report!
It’s also important to note salary growth since 2018 – as it shows demand for these specific roles and industry trends. Watch out for that number in the following categories as well.
2. Tech Salary Statistics per State – 10 States with the Highest Salaries
This data is fascinating! Keep in mind though, that these salaries are adjusted for the cost of living in those states.
I have omitted Rhode Island with an average yearly salary of $110,444 because there were less than 100 respondents and so the results weren’t statistically significant. Find your state or the state you’re planning to move to in the full Dice 2020 Tech Salary Report.
3. Salaries per Skill – Top 10 Highest-paid Skills
What technical skills are most in-demand these days? Here are the top 10 of them:
Download the Dice 2020 Tech Salary Report to get more insights into these and more salary breakdown per skills in general.
4. Salaries Based on Experience
As you know, the average salaries above aren’t what you’re going to get fresh out of university/bootcamp/or however you’re learning how to code. So here’s a breakdown of how the average salary increases with experience:
5. Bonus Statistics: Top 10 Most Important Benefits to Employees
I’ve decided to add this one because the salary isn’t the only thing you should be looking for and negotiating in a job offer. There are many more important factors – such as benefits. Here are 10 of the most important ones to employees in tech, according to the Dice 2020 Tech Salary Report:
And the list goes on! Remember, job searching and applications aren’t a one-sided process. You also get to pick what you want in a work environment and compensation. So keep these benefits in mind when negotiating your next offer.
Were you surprised by these tech salary statistics? Let me know in the comments what you thought about them! And of course, get more insights from the full report by Dice.