Technology content trusted by users in North America and around the world.
4,960 Articles | 29,958 Posts
Select Your Edition:  
Tweakipedia
A wealth of
tech information!

TRENDING NOW: EA Vice President says PS4 and Xbox One are a generation ahead of the current fastest gaming PC on the market
USA EditionYou are located: Home > All News > Business, Financial & Legal News > The average Silicon Valley Tech salary has passed $100k

The average Silicon Valley Tech salary has passed $100k

By: (more) | Business, Financial & Legal News | Posted: Jan 24, 2012 7:26 am

The average annual salary of a Silicon Valley technology worker has surpassed the $100,000 mark this year. Tech-jobs website operator Dice Holdings Inc. has said that salaries for software and other engineering professionals in California's Silicon Valley rose 5.2-percent to an average of $104,195 last year.

 

the_average_silicon_valley_tech_salary_has_passed_100k

 

This beat the average 2-percent increase to $81,327 in tech-workers' salaries nationwide. It was also the first time since Dice began the salary survey in 2001 that the numbers broke the $100,000 mark, said Tom Silver, a Dice senior vice president. It comes at a time where companies such as Facebook Inc., Zynga Inc., and Twitter Inc., that have reignited the web boom.

 

Some companies have gone public, too, with LinkedIn Corp. and Zynga hitting IPOs and Facebook is eyeing an IPO soon, too. Their success has made a domino effect on new start-ups, which has then ignited a hiring war for software engineers and others.

 

To compare, job growth elsewhere in the U.S. has remained relatively slow. U.S. employers added 200,000 jobs in December, and the unemployment rate ticked down to 8.5-percent, its lowest level since early 2009. Silver said "there's a tussle for talent growing in Silicon Valley and employers have to pay up." Tech-job postings in Silicon Valley on Dice rose to 5,026 earlier this month, up 26-percent from 3,974 a year ago. Nationwide, tech-jobs only rose 11-percent in the same period.


SOURCE #1

Related Tags



Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

TweakTown News RSS FeedDo you get our news RSS feed? Get It! Got a news tip? Tell Us!

Post a Comment about this news



Check out our
RSS feeds!
  • Upcoming Content: Scythe Mugen 4 Tower CPU Cooler Review
  • Upcoming Content: NZXT Grid 10 Port Fan Hub Review
  • Upcoming Content: MSI Z77A-GD65 Gaming Series (Intel Z77) Motherboard Review
  • Upcoming Content: HGST Travelstar 7K1000 1TB 2.5" Hard Drive Review
  • Upcoming Content: Western Digital My Passport Edge for Mac 500GB External HDD Review
  • Upcoming Content: PQI Air Card 4GB Wi-Fi SDHC Review
  • Upcoming Content: LaCie CloudBox 1TB Personal NAS Review
  • Upcoming Content: Star Trek: The Next Generation - Season Three (1989) Blu-ray Review
  • Upcoming Content: The Hobbit: An Unexpected Journey (2012) Blu-ray Movie Review
  • Upcoming Content: Whatever happened to Comodo Time Machine?
  • Upcoming Content: ADATA DashDrive Elite UE700 USB 3.0 Flash Drive Review
  • Upcoming Content: MyDigitalSSD BP4 240GB mSATA Review


Business, Financial & Legal News Posts

View More Business, Financial & Legal News Posts


TweakTown Web Poll

Question: What new stuff are you most excited to see at Computex Taipei 2013?

Cases, Coolers & PSU’s

CPU's

Gadgets

GPU's & Video Cards

Keyboards & Mice

Laptops, Tablets & Phones

Motherboards & Chipsets

New Tech

SSD's & Memory

Booth Babes

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Business, Financial & Legal Press Releases

View More Business, Financial & Legal Press Releases