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

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

    Bonuses

    Bonuses have traditionally been associated with high-level executives — especially those in the financial sector, but are becoming more commonplace among the tech sector, especially among those with more experience and seniority. According to Dice, the average bonus in 2015 was $10,194, a 7 percent increase from 2014. The number of respondents reporting receiving a bonus remained steady year-over-year at 37 percent, but is still up from 2009 when only 24 percent earned a bonus.

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

  • 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
  • Survey Finds Salaries, Bonuses and Contract Rates Up for U.S. Tech Pros-3

    Bonuses

    Bonuses have traditionally been associated with high-level executives — especially those in the financial sector, but are becoming more commonplace among the tech sector, especially among those with more experience and seniority. According to Dice, the average bonus in 2015 was $10,194, a 7 percent increase from 2014. The number of respondents reporting receiving a bonus remained steady year-over-year at 37 percent, but is still up from 2009 when only 24 percent earned a bonus.

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.