Software developers are increasingly looking to move up the software stack.
The average salary for software developers is now $72,000, according to the Software Developers Association, which has tracked the industry’s pay trends for more than five years.
But for those who are already well-versed in the field, the average salary is even higher, at $87,500.
And those who have made it in the industry say that they are starting to see their pay rise again.
“When I joined Sage back in 2013, the median software developer paycheck was $52,000,” said Scott Hensley, the founder of the San Francisco-based software engineering company HackerOne, which was founded in 2014.
“It’s actually now $55,000.”
Hackers are now making more than they did five years ago.
The increase in pay for software development has led to an increase in demand, said Hensleys cofounder and CEO, Ben Ruedy.
Hackers now make up about 60% of the software engineering industry, he said.
“I would say we’re seeing a huge increase in the number of software developers and I think we’re going to continue to see a huge uptick in the demand for software engineers,” he said, adding that the rise in pay has also been reflected in hiring trends.
Ruedy said that as the software industry continues to evolve, software developers are being asked to do a lot more than just writing software.
“They’re working in other areas,” he added.
Hence, Hensys company, HackerOne Software Engineering, is hiring more developers, he added, and the demand is rising with each hire.