Tech Salaries on the rise, Dice Tech Salary report

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According to the most recent Dice Tech Salary Report, 2022 was a good year to work in the technology industry. With the pandemic causing financial hardship in many industries, the tech sector has seen an increase in demand for professionals.

According to Dice’s annual survey of over 10,000 tech professionals, the average technology salary in the United States will rise by 3.6% in 2021. This is the first time in two years that the rate of salary growth has increased over the previous year. Despite the pandemic, technology hiring continued to rise throughout 2021, with demand for technology professionals outstripping supply.

In addition, many businesses reported increased investment in technology and technology-related projects. According to the report, the highest-paying tech jobs are in artificial intelligence, cybersecurity, and cloud computing. In the United States, the average salary for technology professionals is $97,859 per year (according to the Dice Tech Salary Report, 2021). IT management, including CEOs, CIOs, and CTOs, earned the highest salaries in 2022, earning an average of $164,814. It goes on to say that Solutions architects earned an average of $155,934, Principal software engineers earned an average of $153,288, and Systems architects earned an average of $151,364. According to the report, cybersecurity engineers, cloud architects, and program analysts/managers all earned high salaries.

However, it reported greater dissatisfaction with pay by saying The average U.S. tech salary increased by 2.3% in 2022 to $111,348; however, respondents were more dissatisfied with their salary in 2022 than in 2021, with nearly half (49%) believing they are underpaid. Data-related tech skills such as Elasticsearch ($143,619), Apache Kafka ($142,764), Teradata ($141,515), and Redis ($140,290) earned some of the highest tech salaries this year.

Soft skills are becoming increasingly important in the tech industry, with employers valuing communication, collaboration, and problem-solving abilities alongside technical skills, according to the report. According to the report, tech professionals can expect a prosperous job market with competitive salaries and benefits in 2022.

The sources for this piece include an article in TechRepublic.

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