The 2019 State of Salaries Report reveals that tech salaries in U.S. markets are steadily rising.
For the fourth year in a row, the San Francisco Bay Area is the highest paying market for tech workers, who saw salaries increase 2% in the last year. The average tech worker in Boston was paid 9% more in 2018 than in 2017, and tech workers in Austin and Washington D.C. are making 6% more than last year.
Paychecks are growing faster on the east coast, with tech salaries in both Boston and Toronto increasing by 9%, more than any other major city in the past 12 months.
Respondents' attitudes regarding compensation and equity show that 54% of U.S. tech worker are on the fence about forgoing a higher salary for company equity, and 69% of U.K. tech workers are unsure about accepting equity in lieu of a higher base salary.
Despite their large paychecks, job seekers in the Bay Area are feeling underpaid due to the area's high cost of living and sky-high real estate prices, and they have begun noticing the perks of relocating.
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