The Dice 2018 Tech Salary Report provides insight into U.S. salary trends for technology professionals. Tech salaries in the U.S. remained flat in 2017, with an average annual salary of $92,712. In Texas, the average tech salary dropped slightly to $90,514, less than half a percent decrease from last year.
Looking at 10-year national trends, technology salaries saw their largest increase in 2015 (5.5 percent), but experienced their largest drop the next year in 2016 (-1.3 percent).
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Even though technology salaries rose slightly, satisfaction with pay has dropped nationwide. About half (52 percent) of technology professionals in the Dice Tech Salary Survey were satisfied with their salary, down 2 percent from prior year. It peaked at 57 percent satisfaction in 2012, dropping to 54 percent in 2013 and has remained at similar levels since then.
According to the survey, 71 percent of employers are using motivators to retain talent. These are the top four motivators used by employers:
- Increased compensation
- Flexible work location/telecommute
- Flexible work hours
- More interesting or challenging work
With this in mind, these are strategies school districts can take to hire and retain talent:
- Balance: Sell the work-life balance that school districts can offer
- Move quickly: work with HR to create a speedy process, so as not to miss out on top talent
- Make your best offer: Find out current pay of best candidate and come with a strong offer first
- Separate pay structure: The market is volatile for IT jobs. Consider moving IT jobs to their own structure, allowing you to more nimbly make structure adjustments to align with the market
- Pay differently: If you need someone with a specific skill set or certification, pay for it. Make sure the certification is valuable and relevant to the position
- Adjust pay: use DataCentral to compare tech salaries and make pay adjustments if necessary