Aug 5, 2024 - News
Bay Area still reigns supreme for software developer salaries
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Despite a decline in demand for software developers, these jobs are still among the best-paying ones around, especially in the Bay Area.
Driving the news: The highest paid work in Silicon Valley and earn a median of $163,000, according to a recent study from ADP.
The big picture: There was a pandemic hiring frenzy for these roles. Workers were fielding multiple calls a day from recruiters and naming their price when it came to salary.
- Now, companies are slower to hire and less willing to expand headcount, Nick Bunker, an analyst at Indeed, told Axios.
- Software developer is ranked second on the U.S. Labor Department's list of occupations with the most projected job growth over the next decade or so, coming in after home health aides.