The annual Dice Tech Salary Report is a great resource to track compensation trends for specific metro areas, industries and titles. It also allows employers to take a look at which tech skills pay the most (and which are seeing the biggest increases).
Here are the top ten technologies that pay the most:
Eight of the top 10 technologies were up 3.8 percent year-over-year (YoY) or more, with only MapReduce and SOA being relatively flat from 2016. When we examine which technologies have seen the largest uptick YoY, a trend emerges: cloud computing and offsite data storage seem to be the newest land-rush for tech companies. Here are some of the highest-paying skills with the biggest increases:
While the Dice Salary Report doesn’t detail which technologies pay worst, we can still glean a thing or two about which segments are least lucrative. The average annual income for a tech professional in the U.S. is just under $93,000. Two industries (non-profit and education) pay well below that average; non-profits pay tech pros around $74,220, while educational institutions pay tech pros $70,158 annually on average.
Distributor and wholesale companies pay just over $80,000 per year, down a full -10 percent YoY. The hospitality and travel industry is also trending down, with its -6.3 percent dip in salary leading to an annual average of $81,370 in 2017.
The circumstances for your organization may be different, of course; you can expect to pay tech pros with specialized skills quite a bit above the average, even in industries ostensibly on the decline. We always suggest using our Tech Salary Calculator, which analyzes a number of variables, including skills, location, title, and years of experience to determine how much tech talent is worth.
What can we learn from the above data? Offsite storage and cloud solutions are hot right now, as more and more companies shift their processes and data from on-premises to the cloud. As a result, you’re likely going to have to pay more for candidates experienced in these technologies.