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Blogbusiness advicebusiness consultingRemote Work And Tech Salaries in the Era of Coronavirus

August 26, 2020

The Covid-19 pandemic has rocked the world in numerous and profound ways. An important trend emboldened by the pandemic has been the rise of remote work. A slew of tech companies, from Twitter to Facebook, has announced that employees will be able to continue working from home even after Covid-19.

Adapting to a remote work-based system is complicated. One of the many things companies need to figure out is what to pay remote employers. Some, like Facebook, have announced they will implement localized compensation. In essence, this refers to adjusting a worker’s salary according to where they live.

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Working Remotely

For now, though, most companies are not implementing localized compensation, which means workers can maximize their earnings if they move to one of several secondary tech hubs in the US. Cities like Austin, Atlanta, Seattle, and Chicago have seen tremendous growth in the tech industry, but the cost of living remains significantly low compared to San Francisco and New York.

Taking advantage of this, many are choosing to move to these cities, where their hard-earned dollars go much further. According to Hired, making $155,000 in the Bay Area is akin to making $224,000 in Austin. In Denver, it would be like making $202,000.

Based on a survey of 2,300 tech workers, Hired says that nearly a third of respondents said they’d be willing to take a salary cut if their employer made work from home permanent (note that more than half said they would not). Fifty-three percent said permanent work from home would make them “likely” or “very likely” to move to a city with a lower cost of living, while half said they’d want to return to their office “at least once a week” after Covid-19.

With these figures in mind, let’s take a look at some professions in the tech industry and what they can expect to make in a post-pandemic world.

Software Engineers

Software engineers are the professionals behind the apps and programs that the world runs on, from entertainment apps to productivity software. These professionals offer services that can be delivered completely online, so the possibility of remote employment is high. Software engineers earn high salaries. According to ZipRecruiter, most software engineering positions offer salaries between $79,000 and $115,000 per year. The national average salary for software engineers is almost $98,500 per year.

Web Developers

Web developers build websites, including the one that you are reading this article on. With thousands of websites joining the Internet every day, demand for these professionals will continue to grow, even after Covid-19. Like software engineers, these professionals boast skills that can be deployed remotely. The salary depends on experience, with senior web developers earning over $90,000 on average. If you want to know how to become a web developer, visit the Career Karma website.

UX/UI Designers

Another career path with great remote prospects is product design. When it comes to product design in the tech world, we are mainly talking about two roles. A UX designer specializes in the user experience (UX), ensuring that using the product is as easy and intuitive as possible. A UI Designer (UI), on the other hand, focuses on the overall look of the product, making aesthetic choices such as the text font or where to place the buttons on a website. If you want to know more about how to become a web designer, check out the Career Karma website. UX/UI designers earn high salaries. The average salary for a UX/UI designer, according to ZipRecruiter, is almost $90,000 per year.

Data Scientists

More and more companies rely on data science to draw insights that allow them to streamline their processes, boost sales, and stay ahead of the competition. Data scientists are in high demand now and will continue to be after the pandemic. With a set of technical skills, these professionals can lend their services from the comfort of their homes or anywhere else where they have a powerful computer and a solid Internet connection. Data scientists earn high salaries. According to ZipRecruiter, the average salary for a data scientist is over $108,971. Entry-level data scientists usually earn more than $95,000 while more experienced professionals can earn as much as $185,500 a year.

Mobile App Developer

Whether for iOS or Android, someone has to design and build the millions of apps people use on their smartphones. Mobile app developers can also work remotely and, with society’s reliance on mobile apps growing by the day, demand for them is not likely to wane anytime soon. iOS developers can expect to earn over $113,000, with some jobs offering up to $171,500 per year. Android developers, on the other hand, should expect to earn over $111,000, but more experienced developers can earn up to $162,000 per year. Salaries also depend on your company and location. For example, Android developers in San Francisco usually earn over $130,000 per year. The same developer in Atlanta would earn around the national average.

As you can see, all these professionals earn handsome salaries. If you are interested in joining the ranks, consider attending a coding bootcamp. These are short but intensive courses that focus on the skills needed to break into your chosen tech profession. Some of the best ones out there are General Assembly and Springboard.

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