SAN JOSE, Calif., Jan. 22, 2018 /PRNewswire/ -- Salaries for
technology professionals in the United
States were flat in 2017 with average annual pay of
$92,712, a slight 0.7% increase from
2016. The annual salary report from Dice, the leading career
platform for technology professionals, mirrors the stagnant wages
broadly across the U.S., but finds over the years certain employers
have been offering tech talent more motivators and benefits to
remain competitive when offering the highest pay isn't an
option.
In 2017, a third of tech professionals received a bonus, earning
on average $10,254. Average contract
rates rose five percent to $72.32 per
hour.
While salaries have remained steady, demand for very specific IT
skills is driving salaries upward as employers compete to attract
hard-to-find talent. Categories where skills outpace the national
average include cloud, big data and process management.
Top 10 Highest Paid Tech Skills
|
Skill
|
2016
Salary
|
2017
Salary
|
1
|
PAAS
|
$120,403
|
$127,171
|
2
|
MapReduce
|
$125,009
|
$125,378
|
3
|
Elasticsearch
|
$120,002
|
$124,650
|
4
|
Redshift
|
$119,197
|
$124,640
|
5
|
Cloudera
|
$118,896
|
$124,221
|
6
|
DynamoDB
|
$118,119
|
$124,054
|
7
|
CMMI
|
$119,466
|
$123,970
|
8
|
webMethods
|
$111,892
|
$123,578
|
9
|
ISO 27000
|
$112,556
|
$123,575
|
10
|
Service Oriented
Architecture (SOA)
|
$122,094
|
$123,192
|
"There's a perception that the technology field is the Wild West
with outsized compensation and lavish perks. While not true across
the board, salaries for skills where employers have to compete for
a limited supply do come with a premium," said Michael Durney, President and CEO of DHI Group,
Inc., parent company of Dice. "This disconnect is partly what
creates frustration among employers or tech pros when the
recruiting process yields a gap between salary expectations and
true market trends."
Real-Time Salary Tools
To solve the pain point of lacking of industry metrics, Dice is
launching two new tools leveraging predictive analysis to help tech
insiders discover salary estimates based on skills, job titles,
years of experience and location in real-time.
The new Dice Salary Calculator allows hiring managers to
calculate salaries based on a tailored combination of attributes
for use in setting budgets, recruiting for in-scope candidates and
offering pay commensurate with experience.
Meanwhile, the Dice Salary Predictor for professionals uses
machine learning to estimate salaries based on more than 600,000
data points. Tying together a unique combination of skills, title
and location, tech professionals can use the public-facing tool for
high level predictions and then log into their Dice profiles to add
skills and receive more detailed salary estimates.
"While Dice's annual salary survey is an excellent barometer of
average salaries and one-time benchmarks for tech pay across the
U.S., our proprietary Salary Predictor Tool provides ongoing deep,
custom compensation data based on the varying measures that make
tech pros exclusive and in demand," said George McFerran, EVP of Product & Marketing
at Dice. "That said, not all employers can compete on pay
especially in hot markets like Silicon Valley, Seattle or New
York. For those companies who might not be the cool kid on
the block, other factors like good benefits, challenging projects
and flexible work schedules can be as rewarding as compensation to
tech pros."
- The Dice Tech Salary Calculator is available for employers
here: www.dice.com/calculator
- The Salary Predictor is available for tech professionals here:
www.dice.com/predictor
Motivators > Money?
Employers have increasingly been offering tech professionals
incentives beyond salary since Dice began tracking this in its
annual report. In 2009, half (53%) of companies offered benefits
such as paid trainings, more vacation, flexible work hours or the
option to telecommute. Today, that has jumped to 71 percent, a
testament to employers using creative recruiting tactics to secure
top talent when they may not have the budgets to compete with the
other company hiring tech talent across the street.
Download the Dice 2018 Tech Salary Report, including salaries by
market, skill and industry here: www.dice.com/salary
Methodology
The Dice Salary Survey was administered online by Dice.com, with
10,705 employed technology professionals responding between
October 18, 2017 and December 13, 2017. Respondents were invited
to participate in the survey in several ways: 1) via an email
invitation to Dice's registered database members, 2) through a
notification on the Dice.com home page and/or via site intercept
invitations within the site to visitors, and 3) via banner ads on
external sites. Additionally, for the first time, technology
professionals who were registered users of eFinancialCareers.com
were invited to participate in the survey via an email invitation.
A cookie methodology was used to ensure that there was no
duplication of responses between or within the various sample
groups, and duplicate responses from a single email address were
removed. Technology professionals earning salaries of $350,000 and above were not automatically
eliminated from the survey if they met other criteria.
About Dice
Dice is a leading tech career hub connecting employers with
skilled technology professionals and providing tech professionals
with career opportunities, data, insights and advice. Established
in 1990, Dice began as one of the first career sites and today
provides a comprehensive suite of recruiting solutions, empowering
companies and recruiters to make informed hiring decisions. Dice
serves multiple markets throughout North
America and
Europe. www.Dice.com, Twitter, Facebook. Dice is a
DHI Group, Inc. (NYSE: DHX) service.
Media Contacts
Rachel Ceccarelli or Kristianna Berger
dicemedia@dice.com
212-448-8288
Jennifer Cloer
reTHINKit PR
jennifer@rethinkitpr.com
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SOURCE Dice