1Dice Report Finds Tech Pros to Seek New Jobs for Higher Pay in 2018
While annual IT compensation levels average more than $90,000, salaries are leveling off. As a result, many tech professionals will seek to change employers this year to boost their earning power, according to a recent survey by IT job search company Dice. The resulting “Dice 2018 Tech Salary Report” indicates that the pursuit of better working conditions and more responsibilities is also driving tech pros to launch job searches. It doesn’t help that a lack of department promotions is leading to a sense of career stagnation for many IT employees. In addition, the survey ranks the top-paying tech skills, with cloud platform-as-a-service coming out on top. More than 10,700 tech professionals took part in the research. The following presents key findings from the survey, with charts provided courtesy of Dice.
2Tech Salaries Are Leveling Off
3There’s a Wide Gap Between Boomer and Millennial Pay
4Salary Satisfaction Remains So-So
5Silicon Valley Tops All U.S. Metro Areas for Pay
If you want to work in a metro area where IT pros make the most, then you may want to consider Silicon Valley, where tech employees make $114,654 on average — the highest in the nation. Boston is second, at $105,329. Keep in mind, however, that any salary increase may be offset by a higher cost of living.
6IT Consultants Cash In
7Merit Raises Lead Pay Increase Drivers
8Compensation, Working Conditions May Trigger Employee Exoduses
9Career Advancement Stalls among IT Pros
10PaaS Skills Bring Top Pay
11IT Staffers Willing to Trade Pay for Telecommuting
Dice reports that 36 percent of tech pros said they’d consider a pay cut of up to 10 percent to telecommute at least one-half of the time. An additional 24 percent said they’d agree to a pay cut of no less than 11 percent and as much as 30 percent to telecommute this often.