We have a very special edition of Tech Connects this time around. Dice’s latest Tech Salary Report just dropped, and we’re talking to Art Zeile, CEO of DHI Group, the parent company of Dice, about the report’s takeaways. 

When it comes to tech professionals and salary, we’re in a very interesting moment. Last year’s average tech salary was $111,193, down very slightly from $111,348 in 2022. That’s a significant difference from a few years ago, when the average salary rose 9 percent between 2019 and 2021. However, widespread cutbacks in tech spending, combined with mass layoffs in late 2022 and early 2023, put some pressure on salary growth.

But as we get into with Art, there are lots of “green shoots” of growth when it comes to salary, benefits, and more. For example, although compensation has stagnated somewhat in well-established tech hubs such as Silicon Valley and Seattle, it’s grown in up-and-coming tech centers such as Houston and San Diego.

Here are some other key takeaways from the report:

First, organizations will pay a premium for tech professionals who can build out on-premises and cloud infrastructure, especially when that infrastructure powers cutting-edge initiatives such as AI and data analytics. Keep that in mind as you consider which skills to learn next.

Second, PTO usage remained steady in 2023. This suggests more tech professionals recognize the need to take full advantage of their allotted time off. If your workplace has a great PTO policy, take advantage of it; your work-life balance is worth it.

Third, if you’re looking for areas with the fastest-growing salaries, it’s clear from the report that organizations will pay a premium for tech professionals who can build out on-premises and cloud infrastructure, especially when that infrastructure powers cutting-edge initiatives such as AI and data analytics.

We’ll see you next time—and remember, Dice is your best resource to find the tech talent you need to fill your open roles, and for technologists, the best place to grow your tech career. 

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