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Changing world of programming and rising demand of software engineers
The world of programming has changed a lot over the last few years. The rise in demand for software engineers and developers is evident, as it’s one of the most lucrative careers on average these days. In fact, if you want to make a lot more money than your peers who are coming out of college with degrees in other fields, then becoming a programmer may be for you!
There are many perks that come with being an entry level software engineer or developer. This article will discuss 12 signs that show we’re about to experience an overhaul in compensation levels for this profession at large companies across America and abroad!
Demand for programmers is at an all time high. It’s one of the most in demand jobs right now and it pays well too! The average programmer makes $80K a year or more which can be even higher depending on how much experience they have as well as what type of company you work for. This number varies from person to person but even entry level developers will make around $55k-$60k per year on average according to JobMonkey.com
A great resource if you’re looking into this career path!
There are so many educational opportunities available for those who want to become an entry level software engineer or developer that there should be no reason why anyone wouldnt. The salary of a software engineer is actually as high as it was in the dot com era Entry level salaries are increasing, and higher paid jobs have also increased by more than 20% from 2008 to 2013
Initial Public Offerings
Software companies are delaying their initial public offerings (IPOs) due to an uncertain market for tech stocks. There’s been less demand lately because investors don’t see these startups being worth anything near what they were at the height of the boom. This means that fewer people will be getting rich off IPOs which gives them less money to pay entry level engineers with; making salaries stay stagnant or decrease when there should be an increase.