The average technology professional earned $96,370 in 2015

Shawn Knight

TechSpot Staff
Staff member

Are you considering a career in the field of technology or studying up on what your peers are making ahead of a raise proposal? If so, the latest findings from technology career site Dice may be worth a look (no pun intended).

Results of Dice's annual salary survey indicate the average technology salary in the US saw the biggest year-over-year leap ever, up an impressive 7.7 percent to $96,370. And for the first time ever, salaries in seven metro areas such as New York, Los Angeles, Seattle, Portland and Silicon Valley hit six figures for the first time since the survey started more than a decade ago.

Metro Area 2015 Salary Year / Year Growth (%)
Silicon Valley $118,243 5
New York $106,263 11
Los Angeles $105,091 10
Boston $103,675 7
Seattle $103,309 4
Baltimore / Washington D.C. $102,873 5
Minneapolis $100,379 9
Portland $100,309 10

Source: Dice annual salary survey, January 2016

The firm also found that 62 percent of technology professionals earned more in 2015 than they did in 2014. Nearly half of those polled said their pay increase was a result of a promotion or other merit increase while 23 percent credited a job change as the reason their salary increased.

In addition to salaries, bonuses have become commonplace in the tech industry over the years. In 2015, the average industry bonus was $10,194 which represents a seven percent increase year-over-year. Dice reports that 37 percent of technology professionals received a bonus last year. That figure is unchanged from 2014 but represents a 13 percent increase compared to 2009.

How does all of this stack up in the eyes of tech employees? According to the survey, 53 percent of people said they were satisfied with their pay. Career confidence is also high with 67 percent believing they could find employment elsewhere in their field if needed.

Image courtesy 123RF

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stewi0001

TS Evangelist
Platinum
I am waaaaaaaaay below the average.

The issue I do have with the chart though, is that all of those cities listed are on the higher end of cost of living.
 
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axiomatic13

TS Maniac
I think as technology professionals that we should collectively NOT upgrade anything (HW or SW) for our managers and companies until this average salary is doubled. Seriously, what can they do if we all agree upon this edict? ;-)
 

Uncle Al

TS Evangelist
I also suspect it does not include those that manage Tech related projects. That would be much closer to $190,000.
 

9Nails

TechSpot Paladin
That's almost what I make, but I shave about 33% off that for taxes, social security, and other junk. The cost of living is a big factor. Houses in this area absorb 50% of the take home pay or more if you want to live in a nicer area.
 

SirGCal

TS Maniac
Do those numbers include overtime and bonuses?
Salary doesn't get overtime... If I got my hourly pay plus overtime for the 120 hour weeks I really put in, I'd be seriously loaded. They want me to just work 40's but they want all the extra work done too so... Bonuses we get and I'd say that does NOT include bonuses...But there is no overtime.
 

SirGCal

TS Maniac
That's almost what I make, but I shave about 33% off that for taxes, social security, and other junk. The cost of living is a big factor. Houses in this area absorb 50% of the take home pay or more if you want to live in a nicer area.
Only 33%? After medical, retirement, etc. I take home only about 40% of what I 'get'. Thanks Obamacare. (Medical costs have gone insane and I don't even get my 100% plan anymore. For a cripple like me, that's actually life threatening.)
 

OutlawCecil

TS Evangelist
I'm 4-5 times lower than this study. I can't imagine Geek Squad or similar companies paying that much so just who are we talking about? Big companies that own sky scrapers? How would they be considered "average"?
 

DJMIKE25

TS Addict
Hmm, I'm taking home about 20% less than the average, I need to talk to someone about that. Of course, like has already been stated, these are areas are much more expensive to live in than it is here in florida.
 

Emexrulsier

TS Evangelist
I'm 4-5 times lower than this study. I can't imagine Geek Squad or similar companies paying that much so just who are we talking about? Big companies that own sky scrapers? How would they be considered "average"?
specialist contractors like .net devs or cicso ccnas will earn that. My mate is .net developer and he is earning around $152k/year where lil old me Managing IT is earning around $65k but that doesn't take into account my manager bonuses such as cars, healthcare, profit share bonuses to name a few. Even holiday and sick pay is a bonus that many earning the higher wages contractor salaries wont get.