Workbridge Associates: Where People Meet Performance

Working with Workbridge

RSS

Archive: January - 2017 (1)

  • Tech Salary Predictions for 2017

     

    With 19 offices across North America, Workbridge Associates has a few thousand records of recent job openings and placements in the tech industry. A big part of being in the recruitment industry is monitoring the trends in job openings and salaries. As we begin 2017, we wanted to take the opportunity and build our own predictions about salaries in the tech sector for the year.

    Our research is not only based on job openings, but on actual placements after all the negotiations and final compensations for candidates. This report contains information about full-time permanent salaries and does not include contract or freelance jobs. We took four years of data, ranging from 2013 to 2016, and divided it by experience and the cities in which we had enough data for. Here's what to expect in 2017: 

    A 3% or more increase in salary

    Based on our research, the average salary for a software engineer should increase to $107,745 or slightly over 3% compared to 2016.

    The Biggest Tech Salary Increases Happen In Tech Hubs

    Based on the forecast for 2017 by cities, New York will have the biggest salary increase by 4.5% with San Francisco not far behind with a 4% increase.

          Forecast on Tech Salaries Changes by the City

         

    City

    2013 - 2016 Change

    2017 Forecast

    Boston

    12.4%

    2.1%

    Chicago

    16.6%

    3.1%

    Los Angeles

    12.6%

    3.2%

    New York

    22.2%

    4.5%

    Orange County

    8.9%

    2.2%

    Philadelphia

    6.6%

    1.7%

    San Francisco

    20.1%

    4.0%

    San Jose

    14.0%

    3.0%

    Washington DC

    11.3%

    2.8%


    Expect a 3-3.5% increase regardless of experience

    On average, we can expect a 3-3.5% salary growth each year. If you're looking for a new opportunity in tech, contact a Workbridge office in a city near you!

    Related Articles:

  • Prev

  • Next

Showing 1 of 1 posts

Send to a Friend

If you know someone who'd be interested in this post, send them a link so they can check it out.

Thank You!

Your note on blog page: has been sent to your friend