close
HISPANIC (B)

Tech workers are now earning an average of $135000 but black tech workers are getting 'shortchanged'

no thumb



startup workers

Women
in Tech/Flickr


  • Tech salaries are on the rise, up 5% to $135,000,
    according to research from job hunting site Hired.
  • Yet for all the talk about increasing diversity in the
    tech industry, the data shows that race has an impact on pay,
    with black tech workers getting paid the least among their
    peers.
  • A simple negotiation trick could be the
    answer.

Tech workers’ salaries are on the rise, according to new research
from job hunting site Hired.

The average worldwide salary for a tech worker in 2017 was
$135,000, says Hired, up 5% from the 2016 survey.

Hired sifted through its database of 420,000 interview
requests among 
10,000
participating companies and 69,000 job seekers to find such
insights as part of its 2018 State of Salaries
report.

But the data also showed that a person’s
race 
has what Hired called “a significant
impact” on salary in the tech industry. And b
lack tech
workers are the ones getting the most shortchanged — Hired found
that black tech workers are making $6,000 a year less than their
white peers, on average.

Interestingly, the data suggests both a cause and a solution.
Black candidates and Hispanic candidates tend to begin their
salary negotiations at a lower point than their white
counterparts, according to this data.

White candidates tend to ask for the highest salary, $130,000,
and get offered $136,000 (+4.6% on their request). 

Meanwhile, black and Hispanic candidates using Hired’s
platform say their preferred salary is $124,000, on
average. But even when an offer beats their initial request,
it’s still relative to the lower number. Black workers are being
offered $130,000 (+4.8%) on average and Hispanic candidates are
offered $131,000 (+5.7%). Asian candidates ask for $127,000 on
average and are offered $133,000 (+4.7%).  

The tech industry has been promising to do more to improve its
diversity, but it’s
been slow going
. For instance, Facebook says it 3% of its
workforce is black and Google says 2% is black. Under normal
circumstances, a talent shortage tends to lead to higher
salaries, raising questions of what makes this situation
different. 

Hired suggests that the short-term solution may be fairly simple:
black candidates need to ask for a few thousand dollars more at
the start of negotiations, rather than base their salary
expectations on what they earned at a previous job.

Here’s the breakdown:


Hired 2017 salaries by race

Hired 2018 State of
Salaries Report




Source link

The author

Leave a Response