Hired, a hiring platform that is part of The Adecco Group, reported the Austin, Texas, market has seen the highest increase in average increase for software engineers. The average salary rose 9% in 2021 to $151,900.
The San Francisco Bay Area continued to offer the highest salaries on average across all regions at $168,000 per year in 2021, according to Hired. However, smaller markets — including Austin, Seattle and Chicago — saw higher salary growth last year versus the traditional tech hubs. Hired noted this reinforces the shift toward hiring remote talent in smaller regions.
Data comes from Hired’s “2022 State of Software Engineers” report and is based on Hired’s own data from more than 366,000 interactions between companies and software engineers.
“Amid the ongoing tech talent shortage, the demand for software engineers on Hired has doubled, with candidates receiving more than twice the amount of interview requests than in 2020," Hired CEO Josh Brenner said. “To win top engineering talent, companies have to offer increasingly competitive salaries, flexibility, and most importantly, extend their talent pipelines outside of traditional technology hubs to other regions globally.”
Other findings in the report include:
- Skills in the coding language “Go” were most in-demand. It was followed by Ruby on Rails and Scala.
- Security engineers saw the highest growth in salaries from 2020 to 2021 out of all software engineering roles. Security engineers’ average salary was $165,505 in 2021.
- Engineers with full stack expertise received the highest increase in interview requests compared to other software engineering roles on Hired’s platform.
- Companies are hiring more remote software engineers from smaller markets: Software engineers who are open to remote work received 20% more interview requests overall versus candidates who are not.
