"According to a recent survey of 1,000 U.S.-based software developers, 56 percent expect to become millionaires in their lifetime.
That's not difficult if you're earning 6-fixgures, aren't staying in a very expensive area, and are just good with money.
<Insert joke about nerds being single>
66 percent also said they expect to get raises in the next year, despite the current state of the economy.
I personally expect to get a raise every-single-year. Inflation stays around 3% every year. If my company doesn't give me AT-LEAST a 3% increase in salary each year, I consider it a slap-in-the-face. A pay cut by another name. And worse, a pay cut after a sterling annual review, and a year of hard work.
Inflation/cost-of-living year-over-year was only at zero for ONE year, during the depths of the recession. It's not an ongoing excuse to withhold annual raises.
There's little that pisses me off more than hearing that "company policy" limits raises to no more than 3% (or 2%, or 1%). That's institutionalizing yearly pay-cuts for all employees, including top-performers. Even when I make a stink and get more than that, it makes me look at that company with utter disgust, as they show how much they HATE and want to be at war with their (good, long-term reliable) employees. Nothing makes a company better than the few long-timers, who have everything about the company and all the systems in their head. "Company policy" that punishes them for staying instead of job-hopping is the most utterly moronic thing I could imagine... But this rant is getting off the rails, quickly...
84 percent said they believe they are paid what they're worth, 95 percent report they feel they are 'one of the most valued employees at their organization,'
Well, obviously people don't stay at a company where they feel ignored and undervalued (see above). And when your work will determine whether the company hits or misses a deadline, you speak to CxOs on a regular basis, or you're responsible for many millions of dollars of equipment, it's easy to feel highly valued, even if perhaps you are not.
I know I've occasionally been the highest paid person in some medium-sized companies. With the higher contractor rates, and overhead of contracting firms, it's not too difficult to end up costing the company more than the CEO's salary, even if not all of it goes into your pocket, and some of it is government taxes/fees/programs that get stuffed into salary for contractors but not regular staff.