Tech is the Most Lucrative Career: LinkedIn Study (axios.com)
An anonymous reader shares an article: LinkedIn's 2017 U.S. State of Salary report is out, and tech is on top as the most lucrative career. Computer science majors are paid the most, with a median salary of $92,300. Software and IT services is the highest paid industry, with a median total compensation of $104,700.
Median of all computer science majors currently working? Or just entry level? 90K entry level is pretty impressive. 90K experienced isn't that impressive considering all STEM.
who's going to own the corporate ladder making half the median wage in the most expensive part of the country!
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creimer! creimer! creimer!!!!
At least until you turn 50.
Article quoted below. Clearly a woman wrote this. An angry disgruntled woman.
Men are greatly overrepresented in the highest-paying industries. Software and hardware tech industries pay the most and have over twice as many males than females. Manufacturing pays third-highest and has an even greater discrepancy - over three times as many males.
Healthcare is the only top-five paying industry with a greater proportion of females. Consumer goods, legal, media, retail, real estate, and education have a higher female ratio too, but the imbalances are less compared to those in the male-dominated industries.
Construction has the most glaring gender imbalance, with nearly five males for every female. Corporate services has the most equal balance with a 1-to-1 ratio of men to women.
If you're a woman in a male-dominated industry such as construction, for example, now you can compare your salary to the median and get a sense of whether you're being underpaid.
Right through my high school and university days, I heard the exact same story. It's actually why I switched from my goal of science leading either to research or medicine and went for a career in tech.
I graduated from a top tier school in May 2000 with a computer science major and electrical engineering minor. In my last year, I was actively recruited, I got flown across the US for interviews with companies everyone here has heard of. I went to one company's 1999 Christmas party including a private concert by an A-list music group everyone here has heard of; they invited a number of seniors in my class as part of their recruitment effort.
I chose a job that started me just over $60,000 plus stock options which was at the upper end of average for 2000 and had huge potential to take me into 6 figures within a few years. Factoring in my minor, I was writing the firmware for a set top internet appliance (hey it was 2000). A few months after I started the job, the original dotcom bubble burst and I actually only had the job 18 months...not even long enough to cover the cost of my degree.
This was 2001 it was almost impossible to find tech jobs at the time, after about 3 years of unemployment I gave up and took a job at much lower pay where most of my coworkers don't have any degree at all. So, 4 years working my ass off for a degree which cost me over $100k while the arts students working in the coffee shop were out partying and making fun of us for working so hard. All to work 18 months in the industry. Most of my friends from school had been laid off by 2002 and never worked in tech again. The last one lost his job 2 years ago and has been out of work since. So 40 years old, no job, no prospects to ever work in his field again.
Now before you say I'm just an unfortunate case...how many 20-something IT workers do you see? Now how many 50-somethings? Where do you think the rest of us are? You hear stories about companies begging mainframe workers to come out of retirement, again bull shit, that friend who's been out of work has been doing mainframe work for the past 15 years, there is no work in the field.
tl;dr - A tech career is a curse I wouldn't wish on my worst enemy. Getting a computer science degree from a top tier school is the worst mistake I made in my life.
because he'd rather be dead than deal with the indignities of your "tech."
For certain job roles four cities stand out as more lucrative places to live: New York, Los Angeles, San Francisco and Boston.
Says nothing about disposable income - or the cost of living.
When I lived in Boca Raton in the early 90s, I qualified for rent subsidized housing. The cutoff? $70,000 annual salary - that's about $122,000 in today's dollars. At $33,000 a year pay, I was living pay check to pay check. But in say Columbia,SC, I could live quite well on that at the time.
I also know a special ed teacher in the Bay area. She's makes about $80,000 a year is well lives like a teacher anywhere else.
Even the lower level of tech jobs are great. People who work help-desks and data centers make great pay compared to formal education level. You don't need a college degree to fix laptops or servers and you will make more than just about anyone with high school diploma only. Some places need basic certifications but you can usually get those on the job. If you can name and identify computer hardware components you are employable and know more than 90% of workers.
The best part of tech is the meritocracy. If you are a good worker with good people skills and you know computers in some facet you will succeed and be promoted. You will get new opportunity and new experience to learn and grow.
For an individual covering all topics of this lightning fast growing tech market is impossible.
-Pratyaksh Somani reach me at https://www.techkt.com Posts about Technology, cool gadgets, Android, iPhone and lots mo
Glad to know that I'm right in the middle of the pack in the software industry.
Article quoted below. Clearly a woman wrote this. An angry disgruntled woman.
Men are greatly overrepresented in the highest-paying industries. Software and hardware tech industries pay the most and have over twice as many males than females. ...
Well, obsession with computers is stereotypically an attractor for people who are autistic (or at least Asperger's)*, antisocial, or obsessive-compulsive (or all of the above). Since autism is overwhelmingly a syndrome affecting males*, this is not surprising.
(and, while being antisocial is something I suppose could be either male or female, in females our society strongly disapproves of it, while in males being antisocial is considered "rugged individualism.")
*Citation: https://autism-help.org/interv... "OBSESSIVE USE OF COMPUTERS BY AUTISTIC CHILDREN... for Autism or Asperger's syndrome, a child can become obsessed with computers..."
https://forums.psychcentral.com/attention-deficit-disorder-add-adhd/275768-computer-rules-hidden-danger-children-adhd-autism.html "As you may have noticed, children with a disorder that falls on the autism spectrum seem to have an intense love of computers."
**citation: http://www.autism.org.uk/about...
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4164392/
I lost my programming job when the .com bubble popped.
I found another programming job within a month. This was in Denver, CO. The pay was not nearly what the pay was like before the bubble popped, but it was acceptable and it was full time programming.
Since then I have switched jobs a couple of times, all full time programming, and am doing quite well financially.
So, perhaps you just didn't look in the right places, or were unwilling to adapt your salary to one that suited a non-bubble economy? I might imagine this would be common among those who switched their majors away from something else just because of promises of a high salary.
While it might be highest in terms of raw numbers, if you take into effect the cost of living in places where tech jobs tend to be located, the actual standard of living afforded by that wage might be lower than for someone working in a career that pay less but is located in a cheaper area.
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
Maybe a few rock stars are skewing the average, but I know lots of programmers and they're lucky to crack six figures if they get into team Management.
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I've been working in IT for 20 years. I would love the median salary mentioned.
It all comes down to location (MidWest), skills (plenty o' them), and adaptability (plenty).
I've also, for 20 years, been the youngest member of my team everywhere I go. I'm now nearly 40 and I'm still the young'un.
Get off the coasts, the rest of the country has plenty of work for people.
"Study says petroleum jobs most lucrative" --BP
"Study says telco jobs most lucrative" --AT&T
I could go on like that forever but I think you get the point.
So there are not really that many hi-tech jobs for Americans
This sounds like LinkedIn is going to suffer from a huge self-selection bias.
How many welders, electricians, and plumbers are using LinkedIn?
Those are all really good paying jobs, and I doubt those are fields which tend to use LinkedIn.
I have doubts about the value of this survey.
I got hit when the .com bubble popped too. Lost a job that I really liked a lot.
It took me about 4 months in Ohio to find another tech job, and it was a shitty one. I had to dial back my expectations a bit. Ok, a lot really. That's what finally fixed things. It wasn't the right time to look for the .com office with the ping pong tables and espresso machines. That was gone. Instead it was take a pay cut and work at a miserable garage in one of the worst parts of Cleveland near the airport with a 1 1/2 hour commute one way. It was terrible. I woke up in the darkness, worked in the garage in darkness staring at a painted cinder block wall, then drove home in darkness. Worst 3 years of my career, easy.
But the bubble eventually recovered and the good jobs came back. I hid under the airport, rode out the bubble, then jumped back in when the economy signaled all-clear. All's well now. But yeah those were tough times. I can see why Jason1729 would be disheartened. It was a thoroughly lousy time.
Weaselmancer
rediculous.
Most lucrative?
Oh, you mean after medicine, management, finance...
This entire article is LinkeIn clickbait pandering to their target market.
Amen! I remember those miserable days also. I lived in CA at the time, ground zero of the dot-com crash. I got out-of-state contracts to survive, often leveraging legacy skills that dot-com newbies didn't have. The travel was rough on the family, and often the contract middle-men didn't pay up, creating court hassles. I was looking to bail IT for another career.
There was also a mini-IT bust in the early 1990's that many forgot about. "Glasnost" caused aerospace to cut back, and CA had lot of aerospace companies. This dumped a lot of techies on the market. That slump didn't personally affect my job at the time (other than perhaps reducing my options at other co's), but I have lived through two IT slumps.
There may be another bubble brewing now, one cannot tell. If it smells like a bubble, quacks like a bubble, and pays like a bubble, it's probably a bubble.
The front-end stacks are too fat and I suspect some new technology and/or standard will come along to simplify front-end programming, throwing lots of programmers on the street. It's roughly comparable to what VB did to C++ GUI programming, although GUI programming was expanding rapidly then such that all boats floated higher, even C++ boats. But that may not be the case with web front-end. I just sense a bloat fall-out someday.
Table-ized A.I.
Pretty sure my plumber is making that much.
Ditto my physician.
Perhaps this study is biased?
Help! I'm a slashdot refugee.
Median income? What?
I live in Sweden and don't earn more than 40K a year as an 50+ IT supporter, and that's for a LARGE company.
Who earns these dream figures? And teachers that earn 80K? I've never even encountered one that earns that much.
What this world is coming to - is for you and me to decide.
after politicians... just ask God Emperor Dolan lol...
I was in tech- and as early as 1985 saw older 45 year old programmers dumped and pushed out of the field.
I saved hard and retired at 51 - when hundreds of co-workers were dumped out on the street (and out of the career).
IT is a nice 20 year career. After that, you are increasingly likely to be age discriminated out of a job regardless of how current you keep your skills.
Save hard and be ready when the end reaches you. Be happy if you are one of the lucky few who makes it into their 60s in IT.
She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
One guy who wasn't even out of high school was playing quake while getting paid for working at an ISP in the 90s. A few others got in with startups in silicon valley and elsewhere before the bubble burst. A current one is telecommuting from outside the bay for 60k/year. But that latter case is an example of how the industry is dwindling. He got a 5k raise over his previous non-SV job, only it was less than his rent increase for moving there. Additionally his salary hasn't increased, the amount of marketable job skills he expected to learn wasn't there, and his path for advancement is basically jumping ship to another company. The ironic bit is he's the only backup admin for a critical piece of infrastructure, the other guy is already planning to jump ship as soon as some financial obligations are out of the way, and he's got no loyalty to the company at his current pay rate, given that he relocated back to his old area thanks to both the cost and the lack of an enjoyable nightlife without his social circle.
Me personally? I never made it into the industry, other than word of mouth tech jobs. Which as the years moved on I did less and less because the number of people willing to pay what you are worth, or respect your time is quite low, and without making enough to pay the bills doing it, you sure as fuck can't write it off when you're wasting time and money on jobs that aren't helping you pay it off.
Getting to the people ont he other side: I know people who jumped ship from either tech careers or tech education for culinary arts, automotive degrees, long haul trucking jobs (by far the least education and up until these automated trucks get online, the most lucrative financially... assuming you can score full time work. Harder in construction, lower paying in daily local shipping.), even a few went back for either management or law degrees.
This is not to say it is srictly a tech issue. Nursing jobs are 98 percent shit pay and generally far riskier legal situations (unless you're a techie during HIPAA systems.), food service outside of posh places (that aren't sweat shops behind the counter), and the various well known shitty jobs like coal mining, etc.
Having said all this, maintenance engineering jobs are still common, union shops, and pretty straightforward to get into, assuming you can pass the test, pass the background check, etc. Pays starting around 30-40k a year, lots of classes you have to fit into your schedule, but far less of the 'finish your education then get a job' BS.
This sounds to be, as always, that it depends where you are. The problem is, the places where everyone is because of jobs are almost automatically the worst places to live; because society does not work well in high density places. People seem to be miserable and have lost all sensitivity to others in those places. Kudos to those who have found a place that allows them to live close to work in a reasonably prices house not sardine-canned in with others, yet still make a decent wage.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
We know that $92k median is a lie. At least my daughter believes me when I tell her not to go into I.T.
As stated above, I wouldn't wish this career on anybody. It is a relatively new career in this last century and the corporations and government have commoditized it. But it does pay me more than I would get otherwise.
Born late 70's, high school drop out, got my GED. Got into IT before I was out of highschool; had friends who were 'into computers', their fathers bought/assembled/sold computers to people in the days before Windows for Workgroups lit the fuse. Oddly, none of their kids went into IT even thought they had the tools to get there; some of them went into it for college but none of them for a career. I on the other hand dropped out of highschool, didn't even take my SATs...once I had my GED I landed at a small computer shop building and repairing PCs. Easy job. Paid me under the table though, and they got caught in an audit for it. Sent me packing. Moved 800 miles from home, got another job at another small-time shop, he paid over the table. Did Dell next-day service replacing LCD panels, systemboards, and so on for the area around me. That was fine until my boss screwed up the contract by having me not work on that and telling his wife to close out the tickets with Dell and that we'd get them the next day. Oops. Canned me. Worked a few contract jobs, then landed one at a government agency where I stuck for over 12 years, then I've bounced to a couple places since then, but I'm making pretty decent money; 50% more than I was at that gov job when I stopped there 4 years ago...
My TLDR on this is that it doesn't take a college degree; it just takes someone giving you an opportunity to prove yourself and actually DOING that, then consistently doing that. Now I'm approaching 40. I do have that worry about age + IT = no job aspect...but, as long as I stay open-ended in what I do, and continue to learn and adopt the changes on the horizon...and make them work within a business - that's where I've got the upper-hand on the snowflakes that want my same salary without a day of experience.
Tech is the Most Lucrative Career: LinkedIn Study
And what they don't tell is all the people already there who don't want you because it takes away their salary and benefits. In other words it's not only businesses that don't like competition. Employees don't either.
Don't lie, you're all thinking it.
My ism, it's full of beliefs.