The longer you spend in the technology industry, the more you can expect to earn. According to the new Dice Salary Survey, tech pros with significant levels of experience under their proverbial belt should see heady increases in annual salary.
Those very new to the tech industry, with less than a year of experience, can expect to earn $50,321 (a year-over-year increase of 9.8 percent). After a year or two, that average salary jumps to $62,517 (a whooping 24.3 percent increase, year-over-year).
Spend three to five years, and the average leaps yet again, to $68,040 (a 6.3 percent increase). Between six and ten years in the industry, salaries hit $83,143 (a rise of 6.8 percent).
Breaking the ten-year mark translates into big bucks. Those with 11 to 15 years of experience could expect to pull down $96,792 (a 3.8 percent increase over last year), while those with more than 15 years average $115,399 (a 6 percent increase).
The successive leaps in pay are unsurprising, considering how more experienced tech pros can rack up salaries, bonuses, and perks commensurate with their skill-sets and importance to their respective organizations. Once workers pass the ten-year mark, they also tend to land in management and executive positions that come with higher pay, bending the salary curve even more sharply.
While pay is a significant factor in tech pros’ decisions to stay in a particular job—some 65 percent told Dice they were anticipating changing employers this year in search of increased salary—it’s not the only element in play. Working conditions, shorter commutes, the desire for more responsibility, and perks such as education or even free food are all on the table when tech pros are debating a potential job.