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 (%)|
|Baltimore / Washington D.C.||$102,873||5|
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.
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