Tech Workers Feel ‘Infinite Loop’ as Wages Remain Flat

NEW YORK Jan. 19, 2011 $79,384 $78,845

Despite the marginal increase, there are glimmers of the business recovery within the study. Nearly half of those surveyed (49%) received a salary increase in 2010 compared to just 36 percent who saw raises in the previous year.  And more technology professionals received bonuses: 29 percent compared with 24 percent of respondents in 2009.  

$13,000

Tom Silver North America

Notwithstanding the hopeful signs in the study, it appears wages have been reset lower for technology professionals who are entering the field.  For the second straight year, the average salaries of technology professionals with less than two years experience have declined, and are six percent below their peak average wages in 2008.

$88,075 $69,658 $100,000 ($105,887) ($101,898) ($100,983) ($101,827)

Most Popular Skills and Average Wages

By analyzing the frequency skills appear in job postings on Dice, a core set of skills emerges for technology professionals.  

$90,914 $88,063

$91,060 $85,500 and $90,350

$100,143

$84,375

Raises Return to Silicon Valley

$99,028

The steps employers are taking on compensation are sparking higher levels of satisfaction.  More than half (52%) of Silicon Valley tech pros reported they are satisfied with their salaries, as compared to 46 percent who were satisfied last year.  That gain comes directly from previously dissatisfied technology professionals which fell from 37 percent in 2009 to 31 percent currently.

Alice Hill

New York ($87,298) Washington D.C. Baltimore ($89,149) Atlanta ($82,944) Philadelphia ($81,986) Los Angeles $84,551 Chicago $79,933

Dice Salary Survey Methodology

between August 31 and November 15, 2010

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SOURCE Dice.com