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<\/div>\nThe San Francisco Bay Area had the highest average salaries for tech workers in 2022, followed by Seattle and New York, with engineering management roles seeing the highest compensation.<\/p>\n
These findings were reported in September by Hired, an online recruiting marketplace for technology talent, in its Navigating an Uncertain Hiring Market: 2022 State of Tech Salaries<\/em><\/a> report. The researchers analyzed Hired’s proprietary data from more than 907,000 interview requests across over 47,750 active positions, collecting data from January 2019 through June 2022. Hired also surveyed over 2,000 tech professionals on their salary, benefits and flexible work preferences.<\/p>\n “The hiring climate this year has been full of contradictions and challenges,” said Josh Brenner, Hired’s CEO. “We’ve seen climbing salaries, aggressive hiring and layoffs\u2014all at once. However, the hiring landscape remains competitive as companies innovate and diversify their teams through remote work.”<\/p>\n The surge in remote work during the COVID-19 pandemic allowed “employers to expand their talent pools and candidates to find more opportunities outside their backyards,” Brenner said. <\/p>\n In the San Francisco Bay Area, the average local salary for tech workers was $174,063, followed by Seattle ($168,069), New York City ($161,128), Boston ($158,548) and Austin ($157,612).<\/p>\n Average local salaries for candidates in midsize markets (such as Boston, Los Angeles and Seattle) are now on par with the salaries in larger tech hubs (New York City and San Francisco), the report showed.<\/p>\n A Premium for Experienced Workers<\/p>\n In 2022, salaries increased across nearly all tech roles, driven primarily by growth in the pay of experienced professionals (those with more than three years of experience), according to the report. While the number of companies seeking to hire remote junior-level talent has grown, local salaries for junior-level candidates have failed to grow as quickly as salaries for professionals with more years of experience, as employers leaned heavily into hiring more experienced talent.<\/p>\n Remote Workers Paid Above Local-Market Rates<\/p>\n Remote salaries for tech workers have continued to outpace local salaries, with remote roles for employees working for firms based in tech hub cities paying $3,000 more on average than similar positions at local companies.<\/p>\n Average remote salaries climbed to $162,950 this year, ranking third highest overall after the San Francisco Bay Area and New York average local salaries.<\/p>\n Additional Findings<\/p>\n Other findings from the report include:<\/p>\n If denied an expected raise in the next six months, the majority (90 percent) of polled tech workers said they would start looking for a new job immediately.<\/p>\n\n
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