156,000 Reasons to Learn to Code: Average SF Tech Salaries up 19%

money photoVentureBeat is reporting an increase of almost 20% for tech salaries in San Francisco in 2013, to just more than $156,000 annually. And while IT salaries increased “only” 8% in Silicon Valley, the average annual wage was almost – wait for it – $200,000. Detroit and New York are starting from much lower bases but both cities are also seeing near-double-digit growth.

Also according to the survey from real-estate firm JLL, which analyzed the most recent Bureau of Labor Statistics jobs report, tech interns are even cashing in, with firms like Palantir paying more than $7,000 per month to those just starting out in the industry. Huge bumps are also being seen for code-camp graduates, further fueling their recent popularity.

We’re certainly seeing an increase in outsourcing activity in IT careers, as companies scramble to avoid these ever-rising salaries and find developers any way they can. If you need help finding resources for software projects – whatever your budget and for literally any technology stack, please contact us, and we’ll find you the best teams and a perfect match from our exclusive network of US and global dev shops.

Photos by AMagill

Dave Hecker

Co-Founder at SourceSeek at SourceSeek
Dave is a seasoned technology executive focused software delivery, quality, process, and helping clients succeed at international software outsourcing.