Average tech salaries jumped nearly 8 percent in 2015, survey says

If you work in tech, you might’ve gotten a raise last year,  and/or received a bigger bonus.

Tech jobs site Dice’s annual salary survey reports the biggest annual jump in average tech salaries in 2015, up 7.7 percent to $96,370. And for the first time since the survey began more than a decade ago, average tech salaries reached six figures in eight metro areas, led by Silicon Valley.

The average tech salary in Silicon Valley was $118,243, a 5 percent year-over-year increase. Tech professionals in New York City, the metro area that came in second, saw their salaries rise more than 11 percent to $106,263. The other metro areas with average six-figure tech salaries are, in order, Los Angeles, Boston, Seattle, Baltimore/Washington, D.C., Minneapolis and Portland.

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Reasons for the pay hikes reflect a hot tech jobs market: 38 percent of those surveyed received merit raises, 23 percent changed employers, 10 percent got promoted.

Other tidbits from the survey:

  • 39 percent of those surveyed received a bonus in 2015, about the same as 2014.
  • Bonuses averaged $10,194, a 7 percent rise from the year before.
  • Contractors saw their average wages rise to more than $70 an hour, a more than 5 percent increase.
  • Top tech skills that paid the most were in the cloud and big data fields, including HANA, Cassandra, Cloudera and OpenStack.
  • Job satisfaction crept back up after a couple of years of declines, to 53 percent of those surveyed.

The Dice results are in line with another recent tech jobs survey, in which Glassdoor identified the “best” jobs this year, many of which were tech jobs. Many of those workers command six-figure salaries.

Dice’s survey is based on the responses of 16,301 employed tech employees from Oct. 6, 2015 to Nov. 25, 2015.

 

Updated above: Average tech salaries reached six figures in eight metro markets, not seven.

Photo: Computer engineers work at the Tesla auto plant in Fremont in 2012. (Patrick Tehan/Bay Area News Group)

 

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