When stacked up against more than 15 major tech markets, Philly is in the bottom tier for tech salaries, according to a report released Tuesday from job search marketplace Hired.
Software engineer salaries in the city are comparable to general tech job salaries in other emerging tech hubs like Austin, San Diego and Washington, D.C.
Otherkey takeaways: Flexible work options can likely attract more talent. Around 52% of the tech professionals the company surveyed around the globe preferred a remote-first model.
Lowering salaries will increase turnover. Roughly 74% of tech workers said they would start looking elsewhere if salaries didn't increase or they were denied a raise in six months.