Posted 2/18/2024, 12:50:34 AM
Japan IT Pay Lags as Global Tech Demand Soars
- IT engineers in Japan were paid an average of $36,061 in 2023, dropping 6 places from the previous year to rank 26th globally
- Pay growth for IT workers in Japan lagging despite rising global demand due to AI and digital tech
- Excluding weak yen effects, pay for Japan's IT workers rose just 0.4% year-on-year compared to 3.6% in US and 16.9% in China
- Number of IT workers employed globally grew by estimated 26.81 million in 2022, up 13.3%, with US adding the most at 4.45 million
- Japan ranked 4th for IT job growth, adding 1.44 million IT workers