US Tech Salaries Decline Amid High Inflation, While UK Tech Pay Rises

Tech salaries in the US have declined 3% year-over-year amid high inflation and market turbulence
Adjusted for inflation, US tech salaries are at a 5-year low, down 9% from 2022
UK tech salaries increased 4% year-over-year despite economic volatility
Junior talent with <4 years experience saw the biggest US salary declines at 5%
Employers have decreased open roles in high cost-of-living markets and increased roles in low cost markets

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Relevant topic timeline:

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Posted 9/24/2023, 4:57:04 AM