Top Regions For IT Salaries

Top Regions For IT Salaries were recently reported by North American Region from Dice.com. The majority of technology professionals in the U.S. enjoyed merit raises over the last year, driving average salaries up in 2013 according to the report. Average U.S. tech salaries had increased nearly three percent to $87,811 in 2013, up from $85,619 the previous year, according to the 2014-2013.

“With the tech unemployment rate low, technology professionals know they can take control of their careers,” said Shravan Goli, President of Dice. “Tech hiring managers tell me they are stretching budgets where they can to keep their technology work forces focused and satisfied.”

The recruitment industry is also said to report the Midwest is the toughest region for recruiting technology professionals. A recent hiring survey from Dice conducted of hiring managers in the U.S., found that five of the top 12 most challenging cities to recruit tech talent in are located in the Midwest. New York City also came it at number one as the toughest tech city to recruit in.  

According to former Mayor Bloomberg’s “Made in New York” map, nearly 1,500 New York City tech companies are currently hiring and on Dice there are more than 8,000 positions advertised on any given day that are based in this city. The city of San Francisco also ranked as the second toughest place to recruit in areas such as social media and big data. Silicon Valley still remains a tight market.

Other cities which were rated tough in hiring measures were Seattle, Michigan and Detroit. According to Dice, technology professionals understand they can easily find ways to grow their career in 2014, with two-thirds of respondents (65%) confident in finding a new, better position. That overwhelming confidence matched with declining salary satisfaction (54%, down from 57%) will keep tech-powered companies on edge about their retention strategies.

The report indicates that Silicon Valley tops the list of highest paid metropolitan areas when it comes to tech talent, with an average annual salary of $108,603 and an average annual bonus of $12,458.  The seven percent year-over-year increase in salary was partially driven by those tech professionals earning more than $250,000 being included in this year’s results.  Excluding those highly paid professionals, Silicon Valley salaries still increased at a greater rate than the national average or five percent year-over-year.