Submission + - Tech Professional Salaries Were Stagnant Last Year (dice.com)
An anonymous reader writes: The tech industry was roiled by layoffs throughout 2023, leading to dissatisfaction among tech professionals. Amidst that chaos, tech-salary growth slowed in 2023, dipping slightly to $111,193 (compared to an average salary of $111,348 in 2022), according to the new Dice Tech Salary Report. That's a huge change from just two years ago, the tech sector experienced unprecedented salary growth, with the average salary shooting up almost 9% between 2019 and 2021. However, what goes up must come down. Organizations cut back on their tech spending, forcing tech executives to make hard decisions about headcount. Several notable layoffs took place last year, and 10% of our survey respondents reported being personally affected by layoffs.