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How to Create Fair Salary Ranges for Developer Jobs

Post by Rich Moy on Sep 27, 2018 12:00:00 PM

For many organizations, the process of establishing salary ranges is almost a yearly tradition. Typically, employers consider a variety of factors, such as the importance of each role and the company’s financial standing, to determine pay rates for each job. While average market rates influence this process, it’s difficult for many leaders to find reliable information about developer salaries.

But with the amount of data available today, many employers are taking another look at their compensation strategies. There are a few critical questions that these organizations ask themselves. What are developers earning on the open market? How do our offerings compare to what programmers will find elsewhere? How much room do we have to increase our budget and compete for tech talent?

To answer these questions for your company, here are a few things that fair pay scales for developers have in common.

How Market Rates Should Influence Developer Salary Increases

Post by Rich Moy on Sep 19, 2018 12:00:00 PM

Many aspects of the technology landscape change on an almost constant basis. As a result, even the most established companies in the world are starting to see themselves as technology-driven organizations. But as the business landscape evolves, one thing has remained consistent: For the developers driving this innovation, salary is one of the most crucial job evaluation criteria.

Today, talent acquisition leaders have more insights about developer salaries than they’ve had in years past. While salary data can help you optimize your hiring strategy in many ways, it also creates new challenges for employers. Each time salary predictions are updated, it also equips developers to compare their compensation to current market trends. If they find that they’re earning less than their peers, it’s not difficult for them to find new job opportunities.

So how should salary trends influence developer salary increases? Here are a few things to keep in mind.

What are the Highest-Paying States for Developers?

Paying your developers a fair salary is important to both your current and future technical teams. While there is no magic formula for calculating the ideal salary for a developer, there are some guidelines you can follow. Criteria such as years of experience, proficiency using unique tech stacks, and even the cost of living all should be taken into account prior to posting an open role. 

Want to know what the average developer earns in your state? Here are the 10 highest-paying states for developers. 

3 Developer Compensation Tactics You Should Avoid

Post by Rich Moy on Oct 9, 2017 12:00:00 PM

As a tech recruiter, seeing the latest developer salaries can be overwhelming, especially when you’re offering less. Knowing what developers expect to earn is empowering, but it also increases the pressure on your company to pay them fairly. After all, potential candidates and your current programmers can access the same salary data that you have.

The good news is that money isn’t the only thing that motivates developers. But there are also a few “creative” salary workarounds that could turn developers off. Here are a few developer compensation tactics that you should avoid.

What to Do When You Can’t Afford to Pay Market Value Salaries for Developers

Post by Rich Moy on Oct 4, 2017 12:00:00 PM

Until recently, the average software developer salary was a bit of a mystery. Everyone knew that tech talent was in high demand, but there wasn’t much of a consensus on what you should pay them. But today, developers and recruiters alike can easily find the information they need to make better decisions. This is an exciting development—unless your research shows that you can’t afford to pay today’s average salaries.

This begs the question: if your salaries are slightly lower than average, is it still possible to hire great developers? The answer isn’t a straightforward yes. But the good news is that there are other ways to attract top tech talent. This post will walk you through a few things you can do when you can’t afford to pay market value salaries for developers.

Developer Salary Stats Everyone Should Know

It's no secret that salary plays a large part in deciding whether or not to take a new job. (Developers rated it the second-most important aspect when assessing a potential job, after all. ) 

Between the data we get from our annual developer survey and our recently-launched Salary Calculator, we're always aware of developer salary trends around the world. 

Here are a few stats about developer salaries that you should be aware of, whether you work in Human Resources or Engineering.

3 Ways Developer Salary Data Should Impact Your Recruiting Strategy

Post by Rich Moy on Sep 19, 2017 12:00:00 PM

Developers have a lot of job options. With tools like our new Salary Calculator at their disposal, they have plenty of information to help them make better career decisions. That might sound intimidating, but you can also use the insights from developer salary data to increase your ability to recruit them.

Still not sure where to begin? This post will show you three ways to apply this knowledge and make meaningful changes to your recruiting strategy.

The Highest Paying Programming Languages in 2017

Post by Rich Moy on Aug 11, 2017 1:00:00 PM

Every year since 2011, Stack Overflow conducts a survey to better understand the motivations, job search preferences, and career goals of professional developers. This year, over 64,000 respondents chimed in, making it the world's most comprehensive developer survey.

One thing we learned this year is that some of the fastest growing technologies are also the highest paying languages. To better understand what the types of developers you want to hire expect to be paid, here's a list of the ten highest paying languages to help you evaluate and adjust your current technical compensation strategy.

4 Stats About Developer Compensation You Need to Know

Post by Rich Moy on Apr 24, 2017 12:00:00 PM

While salary is usually not the only deciding factor for many candidates, it is one of the most important job evaluation criteria for programmers. Companies are always competing for the top developers, and because they know that the competition for their services is fierce, they want to be paid accordingly. This might make you think that giving developers whatever they want is the key to winning at developer hiring, but the 2017 Developer Hiring Landscape highlighted showed us that developer compensation is a much more complicated challenge to tackle. Let’s take a closer look at what salaries for programmers in look like today.

How Transparency Improves Your Developer Hiring Strategy

Post by Rich Moy on Aug 29, 2016 12:00:00 PM

Transparency at every stage of the developer hiring process is often a touchy subject for recruiters. You’d be hard-pressed to find two companies that share the same opinion about how transparent their recruiters should be when they engage with tech candidates. This debate will likely continue for the foreseeable future, but developers have made one thing very clear: employers who aren’t open and honest about their technical roles will find it difficult to attract top talent. Although it might be more comfortable not to share certain details, here are a few ways that increasing transparency will improve your entire developer hiring strategy.

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