Over the past week, we\u2019ve been diving deep into The Dice 2020 Tech Salary Report to look at industry trends across the country, exploring salaries and fastest growing occupations according to income and location. But now, it\u2019s time to look at one of the most important factors in having a successful tech company in 2020: job satisfaction. <\/p> \n
Here\u2019s the good news: job satisfaction appears to be stable across the board, which means a lot of companies are doing a lot of things right. But that doesn\u2019t mean you can rest on your laurels. To keep that level of satisfaction steady, it\u2019s important for employers to continue exploring ways to keep employees happy, and even find new ways to improve their work experience (and support their work\/life balance.)<\/p> \n
But let\u2019s take a look at what the numbers are telling us. Starting with job satisfaction, nearly half of all respondents polled said they were satisfied or very satisfied with their current or more recent job in 2019. That\u2019s on par with 2018 numbers, which means that companies are doing a good job at holding steady in offering roles that employees find challenging and inspiring\u2014and they have the support they need to accomplish the work they\u2019re tasked with in those roles.<\/p> \n
On the compensation end of things, the numbers fluctuate a bit. 49% of respondents reported that they were satisfied or very satisfied with their compensation structure, with a 1% uptick from 2018 to 2019. The issue that arises in this arena is connected to compensation rate and job satisfaction. To put this into perspective, a technologists who had an average salary of $102,478 reported they were satisfied with their current jobs, but technologists who had an average salary of $82,470\u2014marking a $20,000 difference in pay\u2014reported they were dissatisfied with their jobs.<\/p> \n
But satisfaction isn\u2019t just gauged by one\u2019s job and the money they make\u2014it\u2019s also the team environment that plays a part in the overall numbers. Over 62% of respondents said they\u2019re satisfied or very satisfied with their teams, while 57% reported that they\u2019re satisfied or very satisfied with their managers. So that means that companies are making good hiring decisions to inform how they build out their teams and management structures, which reflects well on the employees.<\/p> \n