The previous yr was tough for the tech business, with many firms reporting layoffs and the specter of recession looming. However regardless of a bumpy yr, demand for IT expertise stays, at the same time as common salaries for sought-after roles have taken a success. A lot of this may be attributed to unprecedented development within the tech sector between 2019 and 2021, with salaries rising practically 9% general throughout that point, in accordance with Cube. As salaries degree out, and the mud settles following huge tech layoffs, the common annual wage within the tech business has dropped from $111,348 in 2022 to $111,193 in 2023.
However companies proceed to put money into key technical expertise resembling knowledge analytics, safety, and cloud. And digital transformation efforts proceed to infuse expertise into practically each side of enterprise and daily-life, guaranteeing continuous an ever-growing want for technical execs with the right combination of expertise to assist companies survive and thrive.
[ See also: The 10 highest-paying industries for IT talent ]
And in accordance with the newest 2024 Cube Tech Wage Report, you don’t must be a CIO to earn a six-figure wage. The demand for specialised expertise has boosted salaries for software program builders, system directors, and program analysts and managers. Listed here are the highest 15 IT occupations with the best common salaries, in accordance with Cube.
1. IT administration
It’s little shock that IT govt positions earn among the many highest common salaries. These working in IT administration, together with the roles of CIO, CTO, VP, and IT Director, maintain high-level positions that oversee a complete firm’s expertise infrastructure. The CIO sometimes ranks highest in an IT division, answerable for managing the group’s IT technique, assets, operations, and general objectives. In the meantime, the CTO focuses on expertise analysis and improvement efforts, usually working intently with the CIO to develop a powerful IT technique. VPs of IT are answerable for overseeing particular facets of the group’s IT operations, whether or not it’s infrastructure, safety, knowledge administration, or functions. Lastly, administrators of IT are tasked with managing particular groups or departments inside IT operations, usually together with improvement groups and assist desk help.
Common wage: US$163,526
Lower since 2022: -0.8%
2. Options architect
Options architects are answerable for constructing, growing, and implementing techniques structure inside a company, guaranteeing that they meet enterprise or buyer wants. They’re additionally charged with assessing a enterprise’ present system structure and figuring out options to enhance, change, and modernize it. The position sometimes requires a minimum of a bachelor’s diploma in IT, software program engineering, laptop science, or associated area. Related expertise embrace Java, JavaScript, organizational and management expertise, technical data, undertaking administration, and structure design.
Common wage: US$157,768
Enhance from 2022: 1.2%
3. Program analyst/supervisor
Working intently with undertaking managers, program analysts and managers oversee applications and tasks inside a company to make sure they’re on observe and on funds. The position is answerable for coordinating intently with group members, stakeholders, and different undertaking managers concerned to establish potential dangers, clear up points, monitor compliance and regulation points, and preserve observe of the continuing progress. Related expertise for the position embrace a technical background in IT and a powerful working data of IT infrastructure, databases, networks, {hardware}, and software program, together with data of information analytics, change administration, vendor administration, and management and group administration expertise.
Common wage: US$148,173
Enhance from 2022: 6.1%
4. Principal software program engineer
As a senior-level technical position, a principal software program engineer is answerable for main a group of engineers and guaranteeing that the group builds and implements high-quality, scalable software program, whereas following greatest practices. The position requires not solely technical expertise, but in addition management and communication expertise to work throughout departments and handle groups of engineers. These leaders are answerable for reviewing code written by different engineers, designing structure for advanced software program techniques, figuring out the proper expertise for enterprise wants, and staying on high of the newest business traits.
Common wage: US$145,206
Lower from 2022: -5.3%
5. Cybersecurity engineer/architect
Cybersecurity engineers and designers require a lot of the identical data, experience, and expertise. However whereas engineers are answerable for constructing and sustaining cybersecurity infrastructure, architects are answerable for designing cybersecurity techniques. These IT execs work intently with builders to make sure safety measures resembling firewalls, encryption, and intrusion detection techniques are included in software program, techniques, networks, and functions. Cybersecurity engineers and designers may additionally be answerable for responding to safety incidents, knowledge breaches, cyberattacks, and different potential safety dangers that companies face.
Common wage: US$140,656
Lower from 2022: -3.4%
6. Product supervisor
The position of product supervisor is significant for companies, guaranteeing that the services and products they launch are as much as buyer requirements and align with enterprise wants and business traits. Product managers want to collect buyer necessities, create a product roadmap, conduct market analysis, collaborate with related groups throughout the group, establish the important thing options that must be prioritized, and preserve observe of how the merchandise carry out after launch. Whereas product managers have develop into more and more essential as extra companies shift to product-based IT fashions, it’s a job that noticed an general lower within the common annual wage since 2022.
Common wage: US$129,814
Enhance from 2022: -6.7%
7. MIS supervisor
A administration info techniques (MIS) supervisor is answerable for overseeing a company’s IT technique and techniques and figuring out new expertise and instruments that may assist the group meet its enterprise and operational objectives. MIS managers are tasked with managing a group of IT professionals and planning, growing, implementing, and sustaining IT techniques and guaranteeing that they continue to be scalable, safe, environment friendly, and dependable. This position requires data of IT safety, knowledge privateness, encryption, compliance, and the flexibility to handle budgets, establish probably the most cost-effective options, and keep techniques with troubleshooting and updates.
Common wage: US$124,774
Lower from 2022: -5.5%
8. DevOps engineer
DevOps engineers are tasked with managing IT infrastructure, figuring out necessities, overseeing software program testing, and monitoring efficiency of software program and companies after they’re deployed. The position requires a powerful deal with automation, particularly round software program improvement processes, and guaranteeing steady integration and supply pipelines are applied to help improvement groups. After seeing a growth in demand prior to now few years, in addition to rising salaries, issues have slowed down a bit, with the common wage for DevOps engineers dropping just below 9% since 2022. It’s a multifaceted position that was created to bridge the hole between improvement and operations. Related expertise for a DevOps engineer embrace coding and scripting expertise, safety, analytics, automation, knowledge administration, and IT operations expertise.
Common wage: US$124,071
Lower from 2022: -8.8%
9. Programs engineer
For organizations operating advanced {hardware}, software program, and community techniques, the position of a techniques engineer is an important a part of each day operations. Programs engineers are tasked with designing tasks, collaborating with key stakeholders to establish obligatory necessities and potential constraints, and guaranteeing that the corporate’s IT techniques are functioning successfully. This position helps oversee the event of latest techniques, working alongside software program builders and {hardware} engineers with a watch on high quality management measures and sustaining a gentle tempo towards established milestone objectives. These IT execs even have a hand in system testing, guaranteeing that the ultimate product meets expectations, and analyzing take a look at outcomes to establish points or discrepancies.
Common wage: US$123,437
Enhance from 2022: 2.2%
10. Software program developer
Software program builders proceed to be a significant position within the expertise business, comprising two predominant varieties: those that work on functions and people who work on techniques. Software software program builders are sometimes centered on constructing databases and applications for use internally or on cell units, whereas techniques software program builders are centered on creating software program for shoppers or purchasers outdoors of the group. The position requires a powerful data of find out how to design, create, take a look at, program, and replace software program, whereas additionally adhering to and accommodating end-user wants and necessities. The demand for software program builders stays robust as extra firms embrace digital transformation and start creating their very own inner or exterior software program techniques.
Common wage: US$123,067
Enhance from 2022: 6.5%
11. Cloud architect/engineer
The roles of cloud architect and cloud engineer share plenty of similarities, with architects answerable for designing cloud techniques, and engineers answerable for constructing and sustaining cloud infrastructure. This position has taken one of many largest hits of any on this checklist, with the common annual wage dropping practically 16% since 2022. Cloud architect expertise embrace an understanding of cloud applied sciences and architectural rules, data of find out how to scale cloud functions at price, and the flexibility to collaborate and talk with others within the group. Each roles require a data of cloud companies, resembling Amazon Internet Companies, in addition to expertise with ITSM, I&O, governance, automation, and vendor administration.
Common wage: US$122,509
Lower from 2022: -15.8%
12. Venture supervisor
Venture managers are tasked with overseeing the group, planning, and execution of tasks with a deal with budgets and schedules. They’re answerable for main groups, working with stakeholders, defining necessities, and guaranteeing a undertaking goes easily from begin to end. It’s an in-demand position throughout each business as organizations acknowledge the necessity for having a point-person to make sure tasks involving completely different departments run easily. That constant demand has helped preserve salaries for undertaking managers have held regular since 2022.
Common wage: US$121,110
Enhance from 2022: 0.4%
13. Again-end software program engineer
Again-end software program engineers are integral to serving to organizations keep the construction of server-side info by optimizing servers, implementing safety measures, and growing knowledge storage options. These IT execs are tasked with configuring front-side functions, writing server scripts and APIs for front-end engineers and UX designers, sustaining steady servers and a backup library, and inspecting server codes.
Common wage: US$121,037
Lower from 2022: -6.3%
14. Information engineer
Corporations deal with extra knowledge than ever earlier than, making knowledge engineers a significant position within the business to assist organizations deal with and handle huge quantities of information. These IT execs are tasked with constructing, designing, and sustaining the instruments and software program required to investigate and course of knowledge units within the enterprise. They construct techniques to handle knowledge which are scalable, dependable, and safe, whereas additionally serving to the group with decision-making by way of knowledge. Related expertise for this position embrace knowledge processing, software program improvement, database administration, and cloud-based knowledge processing.
Common wage: US$120,248
Lower from 2022: -2.1%
15. .NET developer
As organizations begin to embrace synthetic intelligence and machine studying, the position of .NET developer has grown more and more vital. These builders are centered particularly on the design, improvement, and implementation of clever software program functions. Much like a software program developer, they’re answerable for figuring out and defining necessities, programming functions and platforms utilizing .NET, and overseeing the long-term upkeep and effectivity of the applications. That is one other position that has seen a rise in common annual salaries, rising just below 5% since 2022, doubtless due to the current push to implement AI and ML within the enterprise.
Common wage: US$119,551
Enhance from 2022: 4.8%
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