2022 started with a bang and while the demand for software engineers remained high over the entire year, things cooled a bit in the second half of the year.
At all levels, software engineers and engineering leaders saw salary increases in 2022 from the previous year. Engineers with 5-10 years of experience enjoyed the sharpest increase of 9.3% in base salary. Engineers with less than 2 years of experience saw an increase of 7.4%.
From 2020 to 2021, salaries jumped by more than 8% at all levels coming out of the recession. Perhaps this is why we saw a more modest increase for most segments in 2022.
With a highly strategic, structured and collaborative approach to contingency search and contract staffing, Planet Technology is an expert in finding talent specializing in the areas of Core Technology (IT and Software), Cybersecurity, Enterprise Systems and Creative & Digital across the US and in parts of Canada. Planet Technology is part of The Planet Group, a global firm specializing in high-end consulting and staffing services.
Our Software Technology practice is composed of 6 individuals, each with multiple decades of experience recruiting Engineering talent inside Boston’s technology & startup ecosystem. It is this breadth and depth of experience that positions us to connect Engineering talent with opportunities inside some of the most innovative and fastest growing software companies in the region.
Photo Credit: Canva