Human Resocia Co. Ltd., a Tokyo-based staffing firm that is a part of Human Holdings Co. Ltd. (2415:TYO), reported salaries for IT engineers in Japan rank 20^th in the world; IT engineers in Switzerland receive the highest pay.

For the report, the company looked at the salaries of IT engineers for 98 countries using data from the International Labour Organization. It released its research on Wednesday.

Swiss IT engineers have a salary of USD 100,053. The US had the second-highest paid IT engineers at USD 89,161 and Israel ranked third at USD 85,131.

Japanese IT engineers’ salary was USD 38,337. The Japanese salaries were impacted by the recent depreciation of the yen compared to the dollar; however, there are concerns about the low salary level of IT engineers in Japan compared to the rest of the world, Human Resocia reported.

The top 20 countries in terms of IT engineer salaries:

1. Switzerland, USD 100,053
2. US, USD 89,161
3. Israel, USD 85,131
4. Denmark, USD 70,772
5. Panama, USD 63,318
6. Norway, USD 61,125
7. Germany, USD 59,041
8. Australia, USD 56,994
9. Finland, USD 53,673
10. Ireland, USD 52,338
11. Netherlands, USD 52,256
12. Sweden, USD 49,239
13. Austria, USD 49,130
14. UK, USD 48,650
15. New Zealand, USD 48,028
16. France, USD 44,447
17. Belgium, USD 43,786
18. Singapore, USD 42,397
19. Hong Kong, China, USD 42,346
20. Japan, USD 38,337