The tech industry is a major part of the United States’ economy. This sector is the second-largest in the U.S., representing nearly $1.5 trillion annually. According to the Bureau of Labor Statistics, employment in the tech sector grew by a healthy 3 percent from 2016 to 2017, and the industry is expected to continue to grow this year. For this reason, it’s a good idea to keep up with these stats.
There are many different ways to measure salaries. Here are a few that are worth mentioning.
First, the average salary in the tech sector (or information technology or technology services) was $100,000 in 2013, but it doubled to $122,000 in 2016. Second, tech employees earned a median wage of $72,000 in 2016. Third, software engineers and computer scientists earn a median salary of $85,000.
The same as in 2016, software engineers and computer scientists earned a median wage of 60,000. In 2016, they made more than twice as much as the next best paid profession. So even if you compare tech salaries against other professions, you can still say that software engineers and computer scientists are getting less money.
I can’t say I’m a fan of those who are making the same salary, but I can say that I think it’s a matter of opinion and is largely the result of the types of jobs that are offered in the tech sector. I can say that I know that if you’re making $100,000 to $120,000, you probably have to work very hard to make ends meet.
I can see why people might feel that way, but I can say that in my own career Ive seen some really amazing people make a ton of money quickly. Ive even seen some people make a whole lot more than my salary. Ive seen people jump around from job to job, from project to project, working around the clock in a fast-paced environment. It must be the job you choose, and not the salary.
I think the difference is in the hours of work, because Ive seen some people work the same amount of hours every single day. If youre working 40 hours a week, you can’t expect to be making more than $10,000 a year. But if you have to work in the morning, or at night, the hours add up very quickly, and then you can expect to make a whole lot more.
I had a job in a corporate environment that was an hour a day, 6 days a week. I had a salary that was over 50,000 a year. I had no bonuses, no time off, and no stock options. I had to work 12 hours a day for what would be the equivalent of 12,000 a year, and yet I made more than the guy who just got a 5K bonus.
To be fair, I’m not the only one who can’t get enough of the allure of being a technical lead. But many of my friends have the same problems with working full-time and being able to maintain a high standard of living. And because it’s so hard to find people with that same attitude, I think it’s worth looking into.
If you’re not familiar with the technical field, we’ll go into some detail about what you have to do to become a technical lead. If you’re not familiar with the word tech lead, I think its best you read it here.