Communications of the ACM
How Much Does Experience Impact Your Salary?
The average U.S. tech salary increased 2.3% in 2022 to $111,348.
How much can experience boost your salary? That's one of many questions addressed by the 2023 Dice Tech Salary Report.
In 2020 and 2021, companies desperately needed tech workers and were willing to pay massive premiums to get them, even for those with little technical experience. But the data from 2022 shows a level of stabilization.
The cohort with less than one year of technical experience faced a drop of more than 8 percent in average salary as organizations began to tighten belts. Professionals with 6-to-10 years of technical experience averaged a 1.7 percent increase, those with 11-to-15 years averaged a 2.8 percent increase, and those with more than 15 years of averaged 4.3 percent, all relatively modest average salary increases.
The largest salary growth for 2022 was for technology professionals with one to two years of technical experience (7.5 percent increase), followed by a 6.6 percent increase for those with three to five years of technical experience.
From Dice
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