Welcome!

Apache Authors: Talend Inc., Adrian Bridgwater, Pat Romanski, Jim Scott, Jnan Dash

News Feed Item

It's a Real Number: Tech Professionals Enjoy Biggest Raise in a Decade

NEW YORK, Jan. 22, 2013 /PRNewswire/ -- Technology salaries in the U.S. saw the biggest jump in more than a decade, according to the 2013-2012 Salary Survey from Dice, the leading career site for technology and engineer professionals. Tech professionals earned a greater than five percent increase in average annual wages to $85,619, up from $81,327 in 2011.

The increase in wages comes at a time when the vast majority of tech professionals (64%) are confident they could find a favorable new position in 2013 and when employers are stepping up to the plate to retain and motivate staff with more interesting or challenging assignments, increased compensation and the ability to telecommute, according to respondents.

"Employers are recognizing and adjusting to the reality of a tight market," said Scot Melland, Chairman, President and CEO of Dice Holdings, Inc.  "The fact is you either pay to recruit or pay to retain and these days, at least for technology teams, companies are doing both."

When asked the primary reason for changes in compensation, 36 percent of technology professionals tagged company actions, like merit or company-wide raises and internal promotions, as the root cause.  Meanwhile, another 19 percent of respondents changed jobs during the year which brought a salary increase along with the move.

After a considerable jump last year in both size and frequency, average bonuses were down a touch to $8,636 from $8,769 in the previous year; however, slightly more tech professionals 33 percent vs. 32 percent received the extra payout in 2012.    

"In the early stages of the recovery, companies were staying flexible by using performance pay to reward their top performers," added Mr. Melland.  "Now, companies are writing the checks that will stick. With a 3.8 percent tech unemployment rate, no one wants to lose talent."

In fact, tech professionals just starting out, those with two years or less experience, earned their first year/year increase (8%) to $46,315 in three years.  And, there was a milestone at the other end of the spectrum.  Average salaries for tech professionals with at least 15 years of experience topped six-figures for the first time, growing four percent year/year to $103,012.

Double-Digit Debuts 

While Silicon Valley is still the only market were tech professionals average six-figure salaries ($101,278), seven markets saw double-digit increases in average tech salaries year/year - the most ever registered by the Dice Salary Survey. 

Leading the surge with an 18 percent year/year increase to $76,207 are Pittsburgh-based tech professionals, followed by San Diego ($97,328) and St. Louis ($81,245) each garnering 13 percent year/year increases.  Phoenix ($83,607) and Cleveland ($75,773) had strong gains, up 12 and 11 percent year/year, respectively.  Rounding out the double-digit debuts is Orlando ($81,583) and Milwaukee ($81,670), both up roughly 10 percent year/year.

"This recovery has been particularly hard for employers in non-traditional tech markets if they want to grow their staff," said Mr. Melland.  "With mobility down, the pool of available talent isn't as deep which pushes salaries up and makes companies scramble to come up with creative solutions."

The top 10 market with the greatest year/year increase:  Boston, up seven percent to $94,742.  That just edged out Atlanta where tech salaries average $87,556 and Los Angeles with a six percent gain to $92,498.

For additional market information, an interactive map of average U.S. tech salaries for the 48 continuous states and key metropolitan areas is provided on Dice. 

"Mad Skills, More Money"

Out of the big three, mobile, cloud and data, there's one that is having a disproportionate impact on salaries – it's big data.   Salaries reported by those who regularly use Hadoop, NoSQL, and Mongo DB are all north of $100,000.  By comparison, average salaries for technologies closely associated with cloud and virtualization are just under $90,000 and mobile salaries are closer to $80,000

"We've heard it's a fad, heard it's hyped and heard it's fleeting, yet it's clear that data professionals are in demand and well paid," said Alice Hill, Managing Director of Dice.com.  "Tech professionals who analyze large data streams and strategically impact the overall business goals of a firm have an opportunity to write their own ticket.  The message to employers? If you have a talented data team, hold on tight or learn the consequences of a lift-out."

Dice Salary Survey Methodology

The Dice Salary Survey was administered online with 15,049 employed technology professionals responding between September 24 and November 16, 2012. Respondents were invited to participate in the survey through a notification on the Dice site, and registered technology professionals were sent 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.

About Dice

Dice, a Dice Holdings, Inc. service, is the leading career site for technology and engineering professionals. With a 22-year track record of meeting the ever-changing needs of technology professionals, companies and recruiters, our specialty focus and exposure to highly skilled professional communities enable employers to reach hard-to-find, experienced and qualified technology and engineering candidates. www.Dice.com

Media Contacts

Jennifer Bewley, Rachel Ceccarelli or Deirdre Hughes
212-448-8288, [email protected]

 

SOURCE Dice.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Eighty percent of a data scientist’s time is spent gathering and cleaning up data, and 80% of all data is unstructured and almost never analyzed. Cognitive computing, in combination with Big Data, is changing the equation by creating data reservoirs and using natural language processing to enable analysis of unstructured data sources. This is impacting every aspect of the analytics profession from how data is mined (and by whom) to how it is delivered. This is not some futuristic vision: it's ha...
Silver Spring Networks, Inc. (NYSE: SSNI) extended its Internet of Things technology platform with performance enhancements to Gen5 – its fifth generation critical infrastructure networking platform. Already delivering nearly 23 million devices on five continents as one of the leading networking providers in the market, Silver Spring announced it is doubling the maximum speed of its Gen5 network to up to 2.4 Mbps, increasing computational performance by 10x, supporting simultaneous mesh communic...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
SYS-CON Events announced today that iDevices®, the preeminent brand in the connected home industry, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide. Through the “Designed with iDevices” co-development program and its custom-built IoT Cloud Infrastruc...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...