Recruiters and hiring managers know that landing top talent is often a difficult proposition in the current market. Intense demand for technology professionals skilled in mobile, cloud, and machine-learning platforms had led to employers offering ever-higher salaries and sweeter benefits.
That’s great for tech pros, but it can make things a little tricky for companies. “How high a salary should I offer for this open position?” wonders the angst-ridden hiring manager. If it’s too low, a rival will snatch up that great candidate; too high, and it could place unnecessary strain on a department’s budget.
Fortunately, Dice can help out on the data side. The interactive visualization above provides some crucial insight into salaries for various tech professions: just click on the ‘job title’ field and use either the drop-down menu or search bar to choose your desired occupation. (Note: The visualization has just a bit of lag; if you click and nothing happens, wait a second or two.)
The colored bars will show that particular job’s minimum, mean, median, and maximum salary. The gray bars, meanwhile, show the minimum, mean, median, and maximum salaries for tech professionals in general (max salaries are artificially capped at $250,000, with the implicit acknowledgement some tech pros make much more).
For the purposes of this visualization, our data team examined the Dice database and selected the most common tech-job titles, excluding those that either weren’t very technical (such as some managerial roles) or were too “noisy” (i.e., overly generic: ‘accountant,’ ‘contractor,’ ‘lead,’ and so on).
Of course, no salary exists in a vacuum; experience, geographical location, and other factors all come into play for each individual. Those tech professionals who’ve mastered particular skills will likely earn noticeably more than others in their profession—a recent survey by Modis pegged it at a 10-15 percent premium.
As every recruiter and hiring manager is well aware, compensation also isn’t limited to money: one Dice survey found that companies often ended up offering a lot more than fat paychecks in order to entice tech pros to join their respective ranks. Those incentives included flexible work locations, particularly interesting or challenging assignments, flexible hours, promotions or new titles, and training or certification courses.