The tech gender gap, WFH and the rise of deep tech
Tech salaries may be on the up, but women continue to be paid less than men, according to a new report.
Tech salaries have shrugged off industry turbulence to rise nearly 10% in the past year, according to a new industry report. Those increases, however, haven't necessarily flowed to women, who remain underpaid.
The 2023/2024 Tech Salary Guide by growth consultancy firm Think and Grow also shed light on an increasing trend for startups to prioritise revenue over “growth at all costs”, the advent of deep tech, and the lingering effects of working from home.
In 2023, median tech salaries jumped by 9.1% with 87% of role titles experiencing remuneration increases. That compares to a median salary bump of 2.8%, and 67% of role titles with remuneration increases in the previous year.
Software engineers were the biggest winners with those who’ve remained in the industry fattening their pay packet by more than 20% over the past two years.
