The tech compensation landscape has settled into a more sustainable growth trajectory after the rapid escalation of 2021-2022. While salaries are still increasing, the pace has normalized to 5-10% annually for most roles, compared to 15-25% seen in previous years. Senior-level positions continue to command the highest premiums, particularly in AI/ML, cybersecurity, and cloud infrastructure roles.
Remote-first companies are offering 10-20% lower salaries than on-site counterparts, but total compensation packages with equity and benefits often close the gap. The data also reveals a growing trend of skills-based hiring, where companies are moving away from strict degree requirements toward competency-based assessments. This shift is creating new opportunities for candidates from non-traditional backgrounds.