Report: More Than 33% of Devs, Other Tech Workers Underpaid

Wednesday Mar 15th 2017 by Developer.com Staff
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In addition, 7 percent will be due for a salary raise and promotion within six months.

According to a new report from salary data solution vendor Paysa, more than one-third of technology workers are underpaid by 10 percent or more. Given that the average pay for a software engineer is $112,000, that means many developers are making at least $11,200 less than they should be.

Paysa came to those conclusion by using machine learning and artificial intelligence (AI) to analyze more than 5 million resumes in its database.

The study also found that 7 percent of tech pros are due for a promotion and average salary increase of $17,756 within six months. In addition, it revealed that 78 percent of all tech and engineering workers have a compelling reason to move to a new job within six months.

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