Survey Finds Salaries, Bonuses and Contract Rates Up for U.S. Tech Pros

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Survey Finds Salaries, Bonuses and Contract Rates Up for U.S. Tech Pros-2

Tech Salaries

In 2015, tech pros saw the largest year-over-year increase in average salaries ever, up 7.7 percent to $96,370 annually. A sign of a strong tech job market, 62 percent of respondents reported receiving a higher salary in 2015. Nearly 50 percent reported the increase as a result of upward mobility at the same company, with 38 percent receiving a merit increase and 10 percent receiving an internal promotion. Changing employers accounted for another 23 percent of respondents who reported a salary increase.

The tech job market is strong and IT pros are reaping the benefits. According to the latest salary survey from Dice, salaries rose 7.7 percent year-over-year in 2015, representing the largest yearly increase ever. The survey also found that while the rate of those receiving bonuses remained steady, the amount of those bonuses rose 7 percent from 2014. Contract workers also saw positive increases in income during 2015, with a rise of 5 percent in hourly compensation.

It's no surprise that salary satisfaction for IT pros is increasing. For the first time ever, seven metro markets across the U.S. posted six-figure average salary figures for tech professionals. Silicon Valley once again posted the highest average salaries overall.

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