In a red-hot job market, tech workers are naming their price — and more
Tech salaries in the Boston area now average $147,000, slightly higher than last year, but up as much as 30 to 40 percent over the past half-decade, according to local recruiters and surveys.
Starting pay of $105,000 for software engineers right out of college. Company stock to the tune of 80 grand. Got a good night’s sleep? There’s a cash bonus for that, too. Oh, you want to work from home? Absolutely. Anything else?
Welcome to a job candidate’s market in the region’s technology industry. Long a high-flier compared to other industries, the tech sector has hiring practices that have gone into overdrive since the pandemic started.
Faced with a run of resignations and early retirements, employers are hiring at a blistering pace. Candidates fresh from school or with little experience are in the unusual position of dictating terms in negotiations, seeing the balance of power swing sharply in their favor.
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