Every year, a hiring platform Hired gives an idea of the technical salary based on data that, according to her, are selected from hundreds of thousands of interview requests and job offers. This year, as in previous years, the company reviewed salaries around the world for software developers, product managers, DevOps engineers, designers and data processing specialists.
Of course, this year is very interesting, and due to the pandemic, he expects an accelerated transition to more distant work. So this year Hired Divide your findings into two parts – pre-COVID-19 and post. It published data on who gets paid for what in 2019, and how these numbers may change in the future, especially if more companies accept localized compensation as Facebook said, it will do this with its employees.
First, look at the world before the coronavirus flies through and changes so much.
According to Hyred, from San Francisco to London, everyone in the technology field has seen steady gains leading to 2020. Salaries in San Francisco jumped 7% last year, with the average technician losing $ 155,000 annually compared to New York, where the average tech wage was $ 143,000 (8% increase compared to 2018); Seattle, where salaries reached $ 142,000 (up 3%); and L.A. and Austin took fourth place, while workers averaged $ 137,000. (In L.A, this is 8% of 2018; in Austin, it was 10%.)
In the US, project managers were paid the most, with an average of $ 154,000. Meanwhile, software engineers were paid an average of $ 146,000; scientists paid $ 139,000 for the data; designers paid $ 134,000.
The question that is increasingly being asked in 2020 is how this number will change if these same workers leave expensive cities such as San Francisco and head to more accessible places. Hired answered this question specific to the Gulf region, and the unsurprising news that the wages of local workers — provided that they remain unchanged — is much greater elsewhere.
For example, earning $ 155,000 in the Gulf region is the same as earning $ 224,000 in Austin due to the lower cost of living. In Denver, it’s like making $ 202,000.
However, the calculations will not be so simple for companies that want to use the best talents. Based on a survey of 2,300 technical workers, Hired says that nearly a third of respondents said they would be willing to accept a lower salary if their employer made permanent work at home (while more than half said they would not); 53% said that regular work at home would make them “probable” or “very probable” to move to a city with a lower cost of living; and half said they would like to return to their office “at least once a week” after COVID.
It causes a headache. The only crystal clear conclusion is that almost no one wants to return to the office from Monday to Friday. In particular, only 7% of respondents said they want to go to work every day.
Of course, how flexible technical workers really are in whether they live and how much they are paid depends largely on the stability of their work or on how they perceive it. Perhaps there is no consensus on the sign of the times and on this front, the Hired poll shows.
Of the thousands of thousands of technical workers surveyed, 42% said they were worried about dismissal over the next six months, while 39% said they agreed with the statement: “I want to quit my current job, but I’m afraid to do it because I’m worried about finding another job.
In both cases, more respondents said that they not concerned about being fired or their ability to find another role elsewhere.
In the future, Hired CEO Mehul Patel said that the company will closely monitor how the growth of remote work affects these expectations, including with regard to wages. At the moment, he says that he hopes that the simple publication of indicators that determine how localized salaries are calculated will help people who are looking for work and those who keep them feel at ease.
“This is a big part of the reason we conduct this research and publish such reports,” he says.