With U.S. tech salaries at a 5-year-low, here's how to make more money
Salary negotiations can be more challenging during times of uncertainty. Read on for some tips on increasing your earning potential.
Stay updated with breaking news from Tech Salaries. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Salary negotiations can be more challenging during times of uncertainty. Read on for some tips on increasing your earning potential.
Tech salaries plunged to their lowest point in the past five years, decreasing 9% from $141,000 to $129,000 from 2022 to mid-2023. Additionally, salaries experienced their most significant year-over-year decline, according to Hired's State of Tech Salaries report.
Amid the rise of generative AI and tightening of corporate budgets, junior talent (those with less than four years of experience) have experienced the most significant decrease in salaries - nearly 5% year-over-year.
Major companies like Meta, Google and Apple are paying less to early career engineers than smaller tech operations.
Google employees can share how much they make, including their base salaries, equity, and bonuses, in an internal salary spreadsheet.