The competition for IT candidates continues to be a hot topic. One method of attracting top talent is by including salaries in job ads. Using methodology which looks at advertised salaries throughout the US and determines a market range.
These numbers reflect only job ads that include an advertised salary, as some employers may not list a potential salary in the ad. In addition, this is not necessarily the pay agreed upon by employee and employer.
However, this gives HR professionals an idea of what salary will attract talent, how aggressive they may need to be for highly competitive jobs, and what your competitors are potentially offering.
Below are the 10 most commonly advertised IT job titles and their advertised salary data. The Market Salary Range column displays the 10th and 90th percentiles, demonstrating the high and low values, while median salary is the 50th percentile.
Average Advertised IT Salaries
Senior Java Developer and Senior Software Engineer have the highest advertised median salaries of the positions listed. As the 2 senior level titles on the list above, it is not surprising that employers advertise a higher salary for an advanced experience level. In the list above, you can see a direct comparison between 2 senior-level jobs and the same position at all experience levels. Senior Java Developers advertised median salary is $11,050 higher than Java Developers of all experience levels. The Senior Software Engineer advertised median salary is 9,800 more than Software Engineers (without the senior distinction.)
Salary ranges are likely to vary depending on the location. For Senior and Java Developers of all levels, the promoted pay is highest in the Silicon Valley, where competition for talent is the most intense. San Francisco and San Jose are both listed among the locations with the most difficult recruiting conditions, scoring a 94 and 93 respectively. Employers looking to recruit Java Developers in this area will need to stay within the median salary range to remain competitive in the local market. For Java Developers, the advertised salary range in San Jose is $128,000 - $150,000.
Hiring Demand, Candidate Supply, and Advertised Salary for Java Developers in Silicon Valley
Market Salary Ranges can help you determine how competitive you need to be. The advertised salary ranges may vary by specific skill sets and industries.
Excellent. Companies should consider this:
"If you want 50th percentile talent, PAY at the 50th percentile, andi if you want 90th percentile talent, PAY at the 90th percentile." DON"T expect excellence on the cheap for these kinds of positions in this job market...
-kh
Cheers,
Keith
Good point, Keith!
Thanks, Ashley. I'm still puzzled why so many Founders, CXOs, Sr. Execs, and Hiring Managers expect to get excellence on the cheap. You don't have to have really good pay, but you have to have really good SOMETHING- and not just the worn-out marketing hype that your company spews out as a person suffering from food-poisoning spews out "things"...
:(
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