Remote Software Developers’ Tech Salaries and Job Roles Analysis
Are you looking for a job in the tech industry? As usual, we’re doing all we can to help! Aside from all our open career opportunities at Nearsure, we’re also breaking down for you what should be any IT candidate’s essential reading. Over this article, we’re giving you a summary of Hired’s report titled Navigating an Uncertain Hiring Market: 2022 State of Tech Salaries while we give you a broad scope of the IT industry job role and market panorama, with advice, in a nutshell.
We focus on the above resource today as it’s truly become vital information to many people in the tech field. Its high esteem comes from the most updated information on average IT salaries to this point with related comparisons and valuable insights that can certainly help developers choose their career paths with a lot more background information on the topic.
Just to give you a starting idea, when it comes down to remote tech position changes, the mentioned report signals an average of USD $3,000 more per year in 2022 for remote tech roles when compared to in-office ones. But what do we need to consider when we speak of such amounts in different parts of the world?
Let’s go together over pricelesss information that can help tech professionals find and secure high-paying remote software developer jobs in the long run. After this reading, we hope you’ll be able to take the data we’ve compiled to successfully navigate 2023’s hiring market and land top-paying positions at tech companies in your near or distant future. Whatever you decide!
4 Job Insights for Remote Software Developers for 2023
- Prior to Tech Industry Salaries: Brace Yourself for Longer Hiring Cycles
Discussing an IT average salary might be great, but those only come when proper hiring is around the corner. We thus first need to realize how much longer and longer hiring cycles are growing each year. According to Hired’s Hiring Market navigation report cited above, remote roles took between 40-60 days to fill in 2022. That’s a much longer span compared to previous years, so brace yourself on any career changes for these prolonged periods.
As for an IT average salary, that’s also rising. Furthermore, there’s noticeable growth of remote work practices, as well. Yet, that also means that the number of applications through which employers have to sift has also increased tremendously. In this landscape, tech candidates are getting an average of four interview requests per role nowadays.
Based on above, know pacience is key. As with any starting interview process, potential employers may have you go through several steps until you get their final answer. Fortunately for our applicants at Nearsure, it takes us anywhere between 24 to 72 hours to review initial applications, and we go back with updates on these processes whether they’re positive, or not.
- Learn Where Top Tech Salaries Are Going
Just to give you an example on the large scale picture of tech salaries, note the top five United States cities with the highest tech salaries are San Francisco Bay Area (USD $175,909), Seattle (USD $171,432), New York (USD $162,261), Boston (USD $158,548), and Austin (USD $157,612).
Just to keep you informed on remote software developers’ IT salaries around the globe, Toronto and London also showed significant salary increases between 2021 and 2022. Yet, tied to that, the UK also had the lowest tech company salaries globally with £82,000 or USD $98,000 yearly. We’re sure you’ve probably spent some time browsing LinkedIn for job roles that interest you and might have noticed what we’re currently saying first-hand.
In this scenario, one might certainly jump right up to say: “I want to get hired by tech companies based in one of these locations!” So you research the job market, tailor your resumé a bit better to coveted industry offers, and fill your LinkedIn profile to compete with local candidates.
Unfortunately, however, many employers still exercise legal and financial preference toward hiring people who live nearby to where they’re located — even for remote positions. So, be ready to engage in the common and often highly expensive relocation endeavors as you browse through these opportunities. If doing so was part of your plan, we wish all the best to you, because we’re with you, really.
We certainly share the excitement of working on challenging international projects. We really do! We also stand by the belief and practice that remote is a mindset, not a location. These are enormous reasons why we focus on opening up great tech opportunities and teams to our broad network of leading Latin American tech talent.
Let’s keep up the progress in our tech salary analysis, shall we? What is a great-to-have attitude in this complicated setting?
- Don’t Limit Yourself to One Role
Contrary to what many may think, software developers aren’t the highest paid when it comes to tech industry salaries. So who is making the most money in this field? Hired’s most noticeable distinction goes to engineering management roles, for which U.S. remote employees can earn an average of USD$198,000 yearly.
On the bright side, however, remote developers’ skills and their expertise can be applied to a variety of jobs beyond software development.
Seek to expand your knowledge on computer science to apply it with all your technical training and education to many other positions in tech companies! That’s always an option. From mobile development and network engineering to cybersecurity, the possibilities include database administration as much as artificial intelligence.
According to 2022’s tech salary trends, design job roles in the U.S. and Canada now pay between USD $122,000 and USD $153,000. Remote data analysts earn an average salary of USD $142,565 and product managers take home USD $157,602. If you’re hoping to achieve a great tech salary in 2023, diversify the roles you’re willing to take.
- Further Options: Specialize in the Tech Industry or Remain Flexible
Over recent years and also as part of tech salary trends for 2022, the debate whether software developers should specialize in a particular niche, sector, trade or role within the tech industry or whether they should remain adaptable has clearly heated. What are the pros and cons to this?
On one hand, focusing in a specific sector can bring expertise and, with it, a potential increase to a higher salary with more challenging or newer opportunities. On the downside, specialists may struggle if they want or need to switch fields on the spot for any reason (e.g. from working on marketing apps to dealing with cybersecurity). They may also find it harder to secure higher-paying jobs.
The tech salary trends in 2022 report we’re covering also shows sports, sports betting, analytics, business information, and insurance to be the areas with the highest salary growth for remote roles compared to the year prior. Notably, agriculture, farming, and forestry stood out with the highest paying average in USD for a $176,233 total.
Both approaches have their advantages and disadvantages.
Having a broad understanding across multiple industries can increase anyone’s opportunities in their career path. Yet, specializing can also make you an industry expert and valuable to a select number of relevant and big companies. Whichever path you choose to go down, make sure you showcase your skills and growth on your resumé as much as your LinkedIn profile.
So how can you stand out for a higher tech salary in 2023?
The competition will be stiff this year, but with the right approach and dedication to self-improvement, anything is possible. Developers need to focus on branding and networking, especially via LinkedIn.
Enhance your LinkedIn profile and focus on improving your networking skills. Instead of solely relying on your resumé, which may go unread easily, by the way, secure you’ve got good on-line profiling.
For that, seek to have professional headshots made of you to increase your online appearance and presence. Also create videos that can vouch for your public speaking skills. Comment, interact, and overall engage in interesting discussions (whether in forums, posts, or by any other teams) to get recruiter attention.
By connecting with the right employers, you can be invited for interviews more often and perhaps even quicker. If you choose to position yourself as a specialist, this is a key platform on which to do it, which also applies if you decide to list many different capabilities for a more flexible tech background and career growth. Whatever you decide to do, we hope you get hired at your dream company!
If you’re going straight to your LinkedIn profile account for updates at this time, check out our TechRemote LinkedIn newsletter for further pieces of the latest advice available.