With the average American saving less than 5% of their disposable income each month, it’s quite the feat to be saving 10% or more. And yet 41% of workers across the tech world say they save at least 10% of their paychecks each month, according to the latest reading of an ongoing query by Comparably. … Read full-story
From cloud computing to self-driving cars to artificial intelligence, technology is moving fast and tech jobs are following suit: computer and IT employment is projected to jump by a better-than-average 12% through 2024, according to the Bureau of Labor Statistics. With demand for tech talent surging, the median annual wage for computer and IT jobs … Read full-story
Fifty-six percent of women say they have a close friend at work compared to 51% of men, according to the latest reading of an ongoing query by more than 10,000 people employed at tech companies across the U.S. Having close friendships at work is important: research has shown that it is a predictor of employee … Read full-story
The percentage of men who have seen their pay jump 100% over the last seven years is more than double that of women, according to the latest reading of an ongoing query by Comparably. The breakdown Twenty-three percent of men say they have seen their compensation grow by 100% over the last seven years compared to … Read full-story
Perks and benefits can sweeten any offer, but compensation is often a make-or-break deal. Hoping to shed light on how people make decisions about pay, Comparably asked workers across the technology industry to reveal their experience and expectations when it comes to salary, raises, and bonuses. The data, which comes from thousands of employees at small, mid-size, … Read full-story
The average worker expects a 3% raise each year, and that’s what they typically get. But not all jobs are created equal – in fact, some workers in tech are averaging surprising gains. Using its extensive database of salary records, Comparably found out which tech job titles garner the biggest jumps in salary over time. … Read full-story
Being asked to take a salary cut in order to keep your job is a scenario no one wants to be in. Luckily, just 16% percent of workers in tech say they’ve ever had this experience, according to the latest reading of an ongoing query by Comparably. It depends on department Whether or not a person has ever been … Read full-story
When it comes to asking for a higher salary, women are more hesitant than men. Indeed, 45% percent of women said they negotiated their current salary compared to 54% of men, according to the latest reading of an ongoing query by Comparably. The results come from the online responses of more than 10,000 workers across the technology … Read full-story
From AI to cloud computing to the Internet of Things, the technology sector is hot and its need for fresh talent is only getting hotter. According to the U.S. Bureau of Labor Statistics, computer and information technology jobs are expected to grow at an above-average 12% from 2014 to 2024. Developers and computer systems analysts, … Read full-story
Compensation has always been a thorny subject. But with employers facing increasing pressure to target gender inequality and expand diversity, the discussion over fair pay has reached new heights – particularly in the fast-growing tech sector. Aiming to shed light on what people across the tech world are earning, Comparably used its extensive database of … Read full-story
Perks and benefits can sweeten any offer, but compensation is often a make-or-break deal. Hoping to shed light on how people make decisions about pay, Comparably asked workers across the technology industry to reveal their experience and expectations when it comes to salary, raises, and bonuses. The data, which comes from thousands of employees at … Read full-story
It doesn’t matter if you’re 26 or 56 — your confidence in asking for a raise will probably remain mostly the same during your life. Age and confidence don’t rise together According to data compiled by Comparably, confidence in asking for a raise hovers around 57% across all age groups (meaning 57% of people say they are confident … Read full-story
Just 16% percent of workers in tech say they’ve ever been asked to take a pay cut to keep their job, according to the latest reading of an ongoing query by Comparably. It depends on department Whether or not a person has ever been asked to take a pay cut has to do with the segment … Read full-story
Sixty-eight percent of workers expect either a 3% or 5% raise every year, according to the latest reading of an ongoing query by Comparably. More than 5,000 workers in and out of the technology industry were polled. The breakdown Thirty-six percent of people expect a 3% raise, 32% expect a 5% raise, and 14% of people expect … Read full-story
It may seem like a no-brainer: leave your current job for another company that pays 20% more. But while most people would do it, 1 in 5 would not. Indeed, the latest reading of an ongoing query by Comparably shows us that some people, even when offered an extraordinary raise, see more potential in staying at their current company. The … Read full-story
Hypothetically, if you were to quit your job tomorrow, what would your reason be? For 41% of workers, the number one answer is being “underpaid or unappreciated,” according to the latest reading of an ongoing query by Comparably. Indeed, that response was the most popular among people of all ages (18 to 66), genders, ethnicities, … Read full-story
The most important thing about work is that it allows you to have a life outside of work. That’s according to the latest reading of an ongoing query from Comparably, which asked more than 10,000 workers in tech what they consider to be most important in a job, not including salary. Work-life balance takes the cake Work-life … Read full-story
Tech companies have made major changes to their benefits and compensation plans in the last few decades, though the annual raise still remains. The most common time to get a raise About 60% of workers in tech say they get a raise every year, according to a July 11 reading of an ongoing query by Comparably. That … Read full-story
Forty-one percent of men and forty-four percent of women who work in the tech sector say their companies do not give annual bonuses, according to the latest reading of an ongoing query by Comparably. The results, compiled on Jun 26 from the responses of more than 10,000 workers across the tech industry, reveal several interesting … Read full-story
Sixty-seven percent of workers in the technology industry expect either a 3% or 5% raise every year, according to the latest reading of an ongoing query by Comparably. How it breaks down Thirty-six percent of people expect a 3% raise, 31% expect a 5% raise, and 15% of people expect no raise at all. Raises … Read full-story
Four out of every five tech workers would leave their current job for a 20% increase in salary, according to data from Comparably. It’s a telling figure, as it sheds light on at least one of the factors that goes into deciding on a job change. It’s also unsurprising on some level: 20% raises are … Read full-story
A new snapshot of workers in tech shows that women are less likely than men to negotiate for a higher salary. Forty-five percent of women said they had negotiated their current salary compared to 54% of men, according to the latest reading of an ongoing query by Comparably. More than 10,000 people responded to the … Read full-story
Hypothetically, if you were to quit your job tomorrow, what would your reason be? For 46% of workers, the number one answer is being “underpaid or unappreciated,” according to the latest reading of an ongoing query by Comparably. Indeed, that response was the most popular among people of all ages (18 to 66), genders, ethnicities, … Read full-story
It’s still taboo for people to reveal how much they earn, though millennials are more open to it than most. More than 30% of workers aged 18 to 30 said they were “somewhat” or “very” likely to share their salary with their coworkers, according to the latest reading of an online query by Comparably. Only 12% of … Read full-story
People who work in tech claim to be saving at a higher rate than the national average. Savings: Tech workers vs. everyone else Just over 50% of tech workers say they save at least 10% of their paycheck each month, with most of them saving 20% or more, according to the latest reading of an ongoing query by Comparably. … Read full-story
This article originally appeared on Fortune. I’ve hired hundreds of tech employees, and recently started Comparably to make workplace compensation and culture more transparent. Most private tech companies offer equity as part of team members’ compensation package, but employees rarely understand the value and most important aspects of this arrangement. Stock compensation is complex, and there are … Read full-story
Underpaid? If you’re looking for a raise, or just want to make sure you’re paid fairly, negotiate your salary like a boss with Comparably, an invaluable resource for your career. Comparably makes workplace compensation and culture dramatically more transparent with the most comprehensive data in the industry. It offers accurate salaries, equity, and work culture statistics … Read full-story
More than 1,500 Design employees working in Tech were surveyed to find how their compensation was segmented based on their Gender, Job Title, Ethnicity, and City. The results showed that female Designers made 12 percent more than male designers. However, male Art Directors made 23 percent more than female. In terms of Ethnicity, Asian or … Read full-story
We surveyed more than 2,000 product employees working in tech to find out how their compensation was broken down by Job Title and Gender, Ethnicity and by eight different cities in the U.S. In terms of pay differential, we found that women in product marketing make more than men by 12%, while male technical writers … Read full-story
We surveyed more than 1,600 Tech employees that work in Marketing to compare their total compensation across the country. The average annual compensation for the positions of Marketing Manager, Director of Marketing and VP of Marketing were calculated for the cities of Boston, Los Angeles, New York, San Francisco and Seattle. Marketing Managers in Boston … Read full-story
