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Tech People Making $100k a Year On the Rise, Again

Posted by timothy on from the it-is-all-about-the-wilson dept.

Nerval's Lobster (2598977) writes "Last month, a report suggested that Austin has the highest salaries for tech workers (after factoring in the cost of living), followed by Atlanta, Denver, Boston, and Silicon Valley. Now, a new report (yes, from Dice, because it gathers this sort of data from tech workers) suggests that more tech people are earning six figures a year than ever. Some 32 percent of full-time tech pros took home more than $100,000 in 2013, according to the findings, up from 30 percent in 2012 and 26 percent in 2011. For contractors, the data is even better: In 2013, a staggering 54 percent of them earned more than $100,000 a year, up from 51 percent the previous year and 50 percent in 2011. How far that money goes depends on where you live, of course, but it does seem like a growing number of the world's tech workers are earning a significant amount of cash."

7 of 193 comments (clear)

  1. $100k today the equivalent of $80k in 2004 by bigpat · · Score: 5, Insightful

    Making $100k today is about the equivalent of making $80k in 2004 or $72k in 2000. A decent salary... but making "six figures" ain't what it used to be.

    1. Re:$100k today the equivalent of $80k in 2004 by bobbied · · Score: 3, Insightful

      Making $100k today is about the equivalent of making $80k in 2004 or $72k in 2000. A decent salary... but making "six figures" ain't what it used to be.

      And it never will again... The Bureau of Engraving and Printing is working 24x7 making sure of that.

      --
      "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
    2. Re:$100k today the equivalent of $80k in 2004 by gstoddart · · Score: 5, Insightful

      I'm sure anybody not currently making six figure salaries would still love to have one.

      And since that includes an awful lot of people, I'm sure there isn't any collective sympathy that "six figures ain't what it used to be".

      Because, really, neither is five figures.

      --
      Lost at C:>. Found at C.
    3. Re:$100k today the equivalent of $80k in 2004 by buddyglass · · Score: 3, Insightful

      If someone will do the job for $X and not leave for greener pastures then $X is what they're "worth".

    4. Re:$100k today the equivalent of $80k in 2004 by Anonymous Coward · · Score: 2, Insightful

      If it's in a 401K, it's hard to get at. Plus, that money is earmarked for retirement, so having to dip into that or take out a home equity loan is borrowing from Peter to pay Paul. I have almost all my equity in my house and my 401K. That's already earmarked and if I were to lose my job for several months, I would have to dip into it.

      I would be covered, but that's still falling backwards, and stressful.

    5. Re:$100k today the equivalent of $80k in 2004 by Anonymous Coward · · Score: 3, Insightful

      I'm over 15 years into my job and most of my money is in retirement...I resent the fact that I won't be able to spend it all tax-free until I do retire though I understand rules are rules.

      With even $50K freely to spend right now, I could go travel the world, climb, skydive, bike, run along the beach...

      With $50K freely to spend when I'm 75...I could go travel the world in the airplane bathroom, climb into bed, dive into my oat bran, watch my grandson bike, and run to the doctor's office.

    6. Re:$100k today the equivalent of $80k in 2004 by Anonymous Coward · · Score: 0, Insightful

      And this is why I drained my retirement savings.

      I don't care if I die broke at 50.

      If I get myself into a debilitating condition I'd rather be put down rather than take a daily gamut of meds or hooked up to a machine, or live a substandard quality of life.