How Much Money Does a Software Engineer Make

Know how much money does a software engineer make: It is a fact already: the development of technology is changing the labor market, and it is normal for you to wonder how much does a computer engineer make? Especially if you are going to dedicate yourself to this profession, in numerous articles on the digital revolution.

We can read auguries that technology will destroy jobs, but is it really so? Of course, this really has its share, but there are many nuances that are sometimes overlooked. For example, who will be responsible for developing all the technologies that will allow us to get into what is now called the Fourth Industrial Revolution?

Know How Much Money Does a Software Engineer Make

How Much Money Does a Software Engineer Make

It is clear that a new modality of professionals focused on information technology will be needed in our new connected and ‘smart’ world. It is precisely at this point that computer engineers become vitally important for the future world.

Average Computer Engineer Salary Rates

Since 2012, the software engineer earns from the US $ 78,000 to the US $ 120,000 a year.

Software engineers design, build and maintain software and systems, based on the needs of computer and mobile phone users. They code the software, which tells the computer, or application, how to work. 

Most engineers and developers start with a university degree, usually in a related field, such as computer science or software engineering. Although many companies are looking for software engineers and developers with some experience in the field, large companies hire newly graduated people from the university. However, the starting salary for new hires is not as low as you might think.

Currently, the labor market is changing so that we find more and more types of offers that belong to two groups: those that demand jobs with little qualification and that have a lot of competition, and those that demand very specialized jobs, with less competition and better paid. To this last modality belongs the computer engineering. So, How much does a computer engineer earn? We review:

Computer Engineer Salary

The Bureau of Labor Statistics reports that software developers earned an average of US $100,000 a year in 2011. However, this figure represents both developers and engineers, regardless of experience or skills.

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During 2012, the starting salaries for a software engineer were from the US $ 78,000 to the US $ 120,000, according to Robert Half Technology, one of the leading providers of IT professionals. This is an increase of 6.6 percent over last year.

Computer Engineer Abilities

Software engineers with desirable capabilities can usually earn more money. ASP development skills, which are active server pages, usually have 4 percent more, leading to a starting range of US $81,000 to the US $125,000. Development skills with Java, PHP, .NET, and web services also help increase starting salaries from 6 percent to 8 percent for each.

Location

In addition to developing skills, placement has an effect on salary. Software engineers in San Jose, California, for example, earn 33 percent more than the national average of all software engineers.

In Boulder, Colorado, they also do better than most, with 13 percent more than average. Software engineers in Minneapolis, Minnesota, have just over 5 percent more than the average. However, in Las Vegas and Reno, Nevada, they earn 6 percent less than the national average.

Job prospects

Employment growth for software developers is expected to reach 30 percent from 2010 to 2020, according to the Bureau of Labor Statistics. This is much faster than the national average for all jobs, estimated at 14 percent. Employment growth is due in large part to the need for more software and applications for mobile devices.

How Much Money Does a Software Engineer Make

The report  State of the labor market,  in collaboration with Esade, says that the offers of programmers and data analysts have grown the most in the last year. Specifically, last year more than 92,000 jobs were registered (41% more than last year). Isn’t it great? If you were considering studying computer engineering, you couldn’t be better on track.

The salary of a computer engineer just finished the career can be around $18,000+ and $22,000+ gross per year, which translates into a salary of about 1,000-1,200$ net monthly.

In 2019, the salary of a computer engineer who has just finished his career or degree can be around $18,000 and $22,000 gross per year. The salary of the engineering project managers has an average salary of $80,000 per year as the highest-paid professionals. They are followed by dentists and computer managers, who receive an average salary of $54,000 a year.

The aforementioned programmers and data analysts, meanwhile, form a trend that is booming within our labor market, given the expansion of technology and big data. They are emerging professions that did not exist in 2008 and have multiplied by 17 in recent years. They barely have competition, and their average salary already exceeds 30,000 a year.

Other areas that have experienced great growth in recent times have been software designers, developers of big data solutions, programmers specialized in HTML5, and experts in cloud technology. Despite the recent employment, they are already charging 40,000 per year on average.

To be clear about how much a computer engineer earns, we must review all the areas of specialization, while assessing the transformation that this professional sector is experiencing. In any case, with these figures, you will get an idea of ​​what a computer engineer charges, isn’t it?

But What About Women Computer Engineers?

The gap between men and women is also palpable in the computer engineering sector. In fact, they are less likely to study this type of career, more purely scientific, with which many more men dare. For the aforementioned Info jobs report, 2,999 people were surveyed who allowed extracting some interesting data: first, 53% of men receive a salary greater than 1,500 per month, while only 36.5% of women exceed this digit.

It is clear that there is still a long way to go: innovation still offers many possibilities that we discover a little more every day. Therefore, we should not be surprised to know how much a computer engineer earns since they are the main engine towards the digital era.

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