Boston IT jobs see a salary increase
Posted on February 18, 2015
The market for Boston IT jobs looks good, as it would appear that key markets in these cities saw above average pay increases, according to a new survey from Dice.com.
Several key markets saw above-average pay increases including Boston and Chicago up three percent year/year to $97,288 and $88,866, respectively. Dallas ($91,674) and New York ($95,586) professionals earned a two percent increase. Washington, D.C. tech salaries rose one percent to $98,323 on average making them the third highest paid professionals behind Silicon Valley and Seattle, according to Dice’s annual salary survey.
More than half (61%) of technology professionals earned higher salaries in 2014, most frequently citing a merit raise as the reason for the increase. Another 25 percent say they received higher wages due to changing employers within the year.
Satisfaction with wages declined. Half (52%) of technology professionals were satisfied with their compensation in 2014, down from 54 percent in 2013. In fact, satisfaction with salaries has dipped each year since 2012, when it peaked at 57 percent and salaries saw the biggest year-over-year jump to 5.3 percent.
The Pacific region as a whole received the highest salaries and tech professionals in Silicon Valley are again the highest paid in the country, earning $112,610 on average, up four percent year/year. The second highest paid talent is in Seattle, where tech pros earned $99,423, up five percent, in 2014. Sacramento tech salaries rose 14 percent to $96,788, with more experienced professionals earning more from last year driving the growth. Professionals in Portland, Oregon earned $91,556 on average, up nine percent year/year, and in San Diego, tech salaries rose four percent to $94,121.