Submission + - Tech Professional Salaries Have Been Stagnant for 20 Years. Thanks Inflation! (dice.com)
An anonymous reader writes: From the just-released Dice 2025 Tech Salary Report:
"A closer look at tech salaries over the last two decades reveals a complex picture of resilience. While overall tech salaries have risen steadily since 2005, reaching an average of $112,521 in 2024, the reality is more nuanced when accounting for inflation. Today's average tech salary, when adjusted for purchasing power, is similar to what professionals earned in 2005 ($112,521 versus inflation-adjusted $114,648) – suggesting that despite periodic surges, compensation in tech overall has effectively plateaued over nearly two decades.
"However, this flattening of purchasing power needs to be viewed in the context of broader economic trends. For one thing, the median U.S. household income has fared worse, rising from $58,000 in 2005 to $80,610 in 2023 – a gain that significantly trails inflation, as $58,000 adjusted to inflation is $95,403 in 2024. While tech professionals haven't seen real gains in purchasing power, they have at least maintained their position while many other sectors have experienced decline."
"A closer look at tech salaries over the last two decades reveals a complex picture of resilience. While overall tech salaries have risen steadily since 2005, reaching an average of $112,521 in 2024, the reality is more nuanced when accounting for inflation. Today's average tech salary, when adjusted for purchasing power, is similar to what professionals earned in 2005 ($112,521 versus inflation-adjusted $114,648) – suggesting that despite periodic surges, compensation in tech overall has effectively plateaued over nearly two decades.
"However, this flattening of purchasing power needs to be viewed in the context of broader economic trends. For one thing, the median U.S. household income has fared worse, rising from $58,000 in 2005 to $80,610 in 2023 – a gain that significantly trails inflation, as $58,000 adjusted to inflation is $95,403 in 2024. While tech professionals haven't seen real gains in purchasing power, they have at least maintained their position while many other sectors have experienced decline."