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The average salary range for those working in the technology industry in the UK and Ireland is between £50,000 and £75,000, according to the Computer Weekly 2017 salary survey.
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Wages vary depending on factors such as region, job role and number of years in the industry, but a little over a quarter of tech workers receive an annual salary of between £50,000 and £75,000.
This is similar to Computer Weekly’s results from 2016, where the average salary of those working in the technology industry fell within the same bracket at an average of £64,590 per year.
Almost half (47%) of those in the technology industry with three years of experience or less earn £35,000 or more, according to the survey results.
Of those who have three years of experience or less, 20% earn between £35,000 and £50,000 a year, and 8% earn between £100,000 and £150,000 a year – slightly less than in 2016.
More of those with less than three years’ experience fall into the £100,000-£150,000 salary range than the £75,000-£100,000 range.
There are more higher earners with three years of experience or less than in 2016, where 10% of those with this much experience earned between £65,000 and £79,999, and very few claimed to earn more.
Though there are currently technology skills gaps and a high level of unemployment among tech graduates, many firms complain that recent graduates do not have the skills needed to fill empty technology roles.
The average salary for those with less than seven years of experience is £49,012 – more than in 2016 where the average salary for this amount of experience was £42,835.
The average salary levels off the longer an employee stays in the industry, with the average salary for those who have been in the industry for between seven and 19 years at £71,012, rising to £79,064 for those who have worked in tech for 20 years or more.
These figures are both higher than the average salaries for IT professionals with this level of experience in 2016, where between seven and 19 years of experience yielded an average yearly salary of £62,092, and those with 20 or more years of experience earned an average of £73,413.
Of those who have been in the industry for 30 years or more, a majority earned between £50,000 and £75,000, with the number of people in this bracket at 31%.
A number of roles in technology are currently on the rise, and those who can fill roles such as cyber security experts and data scientists are currently in demand.
On average, those working as IT managers, IT senior managers or developers have more than 20 years of experience in the industry, and more than 40% of those who answered the survey were senior IT managers or IT management staff.
The average salary for developers and architects is £81,242, not far behind the average salary for senior IT management roles (£102,962).
But IT managers are left behind, with the average salary for this role only reaching £61,839, which is less than the average salary for those who have been in the industry for more than 20 years.
This is still slightly more than the average IT manager salary in 2016, which reached £57628 a year, significantly less than the average 2016 senior management salary of £111,972.