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.
At least until you turn 50.
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.
If you bothered to look at the report, you will noticed a graph near the bottom that shows those who have an associate degree make $57K per year. I've made $55K last year. I might make more this year since my manager keeps hinting at a pay raise and larger Christmas bonus (an extra month of pay). Not bad for cleaning out IT closets.
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
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
If you bothered to learn to write, you will notice you can't write.
Don't worry. I just ordered "Crafting The Personal Essay: A Guide for Writing and Publishing Creative Non-Fiction" by Dinty W. Moore with the coffee money that I earn from monetizing my Slashdot comments. I'll be writing better creative non-fiction comments in no time. :P
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.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
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.
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.
But I worry that taking a help desk or barista job in bad times causes one to become pigeon holed, kind of like how the actors on the sopranos aren't on much else bc they were so type cast.
I was out of work for two years (2009-10) because recruiters saw that I had help desk experience for the last three positions, assumed that I want to continue working help desk, and told me that no help desk jobs were available. Never mind that I wasn't applying for a help desk job. When the economy turned around in 2011, recruiters were eager to overlook my help desk experience since they needed bodies to fill out their positions in a hurry.
Most lucrative?
Oh, you mean after medicine, management, finance...
This entire article is LinkeIn clickbait pandering to their target market.
The main thing though is crawling over loads with chains and ropes to secure them. She has to get help with that sometimes.
Like your ebooks, your living space, your financial situation, and your life, you are subpar and well below the average.
I've never had a conventional much less an average life.
But that's not what your job description claims you're responsible for.
Nope. But my trolls get very excited and start humping my legs like a pack of Chihuahuas in heat whenever I mention "IT closest" in a comment. On that note, you can stop humping my leg.
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.
Have you ever stopped to consider why you are the only commenter on slashdot who has their own trolls? Out of the millions of registered slashdot accounts, nobody else gets flamed and trolled the way you do. Its sign that you personally have a unique problem interacting with the community and its disruptive to actual discussion of topics.
No, it's true. You've had a well below average life. You make below average money. Your health is below average. Your writing talent is below average. Your ability to grasp simple concepts is below average. You're terrified of sex. The only thing above average about you is the number of calories you eat daily, and your burgeoning weight.
For 48 years of my life, I've been told by people what I can't do. Good thing I don't listen to these negative people. Otherwise, my life would be truly miserable.
Have you ever stopped to consider why you are the only commenter on slashdot who has their own trolls?
Check out Hello, Slashdot!, The Original Slashdot F.A.Q. (Circa 2006), and the blog posts that I've written about my nasty little trolls.
Why, what have you done?
Breath.
I think you just partially answered the question. There is no reason to use bit.ly links on slashdot unless you're trying to hide something.
There is no reason to use bit.ly links on slashdot unless you're trying to hide something.
Bit.ly tracks the number of clicks and geographic breakdown for each link. For the three links I've posted: 643 (25% USA), 484 (77% USA) and 140 (75% USA).
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.
StupidMonkey, the reason he has his own trolls is that he is actually their troll; he pokes them with a stick just often enough to get them to keep wasting their lives humping his leg.
Everybody else that had trolls that determined either left or put in the legwork to get them banned, get their ISP accounts shut off, etc., until they lacked means or desire to continue. He's the first one to successfully monetize them and turn them into part of his schtick.
I've been observing this for awhile and I still can't decide if I should be impressed or disgusted.
cremier is so poor he has to resort to amazon linkbux.
cremier is so poor he has to resort to amazon linkbux.
Nah... I just do it to piss off my trolls and make coffee money off of them.
Yeah, noticed the same thing - about 20% of the article was about how horrible men are.
Proud neuron in the Slashdot hivemind since 2002.
Don't lie, you're all thinking it.
My ism, it's full of beliefs.
Why not both?
Cheap storage VM.
Because I prefer a higher level of internal consistency than that.