Technology Salary Trends 2024
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Part of building a financially rewarding technology career involves keeping up with the latest salary trends in the industry. After all, you want to be paid your true worth, especially considering the strong demand for talented IT professionals.

This knowledge also helps if considering a change to your tech career, like understanding the highest-paid technical job roles.

Let’s take a high-level overview of the technology salary trends for 2024. Use this information to ask for a raise or get the training to qualify for a different IT job. In the end, expect to enjoy a lucrative IT career lasting until your day of retirement.

Salary Trends for Tech Jobs in 2024

Most Tech Employers Looking to Add Talent in 2024

The rumors of a recession continue to be more speculation than actual reality. In fact, a recent survey of tech employers reveals most plan on adding technical talent in the coming year. According to this data, 61 percent of IT hiring managers expect to expand their teams in 2024. Notably, 35 percent of these hires are for recently vacated positions, illustrating the continued aftereffects of the Great Resignation.

Technology Leadership Continues to Enjoy Lucrative Salaries

If your goal remains the IT executive suite, expect a lucrative earnings potential as a result. A 2024 trends report on technology salaries provides insights on pay for C-suite tech professionals and other tech roles. According to the study, CIOs enjoy annual salaries ranging from $204,000 to $290,000. The importance of cybersecurity is highlighted by the fact that CISOs rank next at $176,000 to $259,000 per year.

2024 Salary Projections for the Hottest Technology Positions

Now, let’s look at some of the hottest current job roles in IT as well as their average annual salaries. Data scientists remain in high demand, as businesses strive to glean actionable information from their databases. This role mixes strong math skills, programming chops, and database experience with strong business acumen. Expect to earn a salary ranging from $119,000 to $167,000 per year.

Software engineers continue to be a popular IT role, working on everything from mobile apps to interactive websites. The annual salaries range from $109,000 to $152,000, depending on location and the specific job role. Finally, businesses still need talented network security engineers to protect their technical infrastructures and data. These professionals earn an annual salary ranging from $115,000 to $163,000.

Use these salary insights as food for thought when planning your career path. Be proactive to gain the skills and experience necessary for some of these lucrative tech roles.

Want to Apply for an IT Job?

If you want to take your IT career to another level, connect with the experts at The CERES Group. As one of the top technical staffing agencies in Boston, we know the companies looking for talented tech professionals. Contact us at your earliest convenience!

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