2017: The wage bill for Silicon Valley workers

The wage increases of workers in regions like the Valley, Seattle and the they are still far greater than the wages of workers outside the tech space, even when adjusted for the cost of living.Silicon Valley

However, there are indications that as the cost of living continues to grow in these places, and wages may not be able to grow more.

According with research of the Dice Technology Recruitment Platform, by 10.705 employees in the United States, Silicon Valley offered the highest average salary to 2017 technologists.

Silicon Valley
Source VB

Respondents who worked in Silicon Valley technology reported an average salary of 114.654 dollars for the year. Cities with respondents who reported the next higher wages were: Boston, New York, San Diego, Washington, and DC / Baltimore.

However, Silicon Valley also saw an unusually small annual increase in technologist wages in 2017, after the rate reached 0,4%. According to Dice CEO Mike Durney, Silicon Valley tech salaries have increased every year since 2006 and are seeing annual growth of up to 4% during of the last few years that Dice has been conducting this research.

On the other hand, many places where technology wages see higher levels of growth are areas that are not commonly considered as technology nodes in the US. Average Philadelphia salary increased by 7,7% from 2016 to 2017, while wages in Portland and Tampa increased by 6,5%.

But even with this growth boom, respondents in Philadelphia reported an average salary of $ 97.415 - almost $ 17.000 less than the average salary in Silicon Valley.

Of course, there is no sign that growth will continue - according to Dice, as the average technology salary in Philadelphia fell by 5% from 2015 to 2016.

According to the survey company, this happened because last year more high paid jobs were added to Philadelphia, as technology companies in the region rose sharply.

iGuRu.gr The Best Technology Site in Greecefgns

every publication, directly to your inbox

Join the 2.082 registrants.

Written by giorgos

George still wonders what he's doing here ...

Leave a reply

Your email address is not published. Required fields are mentioned with *

Your message will not be published if:
1. Contains insulting, defamatory, racist, offensive or inappropriate comments.
2. Causes harm to minors.
3. It interferes with the privacy and individual and social rights of other users.
4. Advertises products or services or websites.
5. Contains personal information (address, phone, etc.).