When software engineer salaries started rising last year, the average salary jumped to $106,500.
That was just a 2% increase from last year’s $97,200, and the biggest jump among software engineers since 2009.
But the real change in the last year was in the number of software engineers that started their careers at less than $100,000 a year.
While the average starting salary dropped to $88,700 last year and to $81,900 in 2018, the number that started at $100K a year or more rose from 13% to 20%.
Software engineers who start at the low end are getting more money, but the median starting salary is still $89,600, according to a report from Equifax Credit Counselors.
That means if you are starting out in the $100k-$100M range and you want to get a good salary, it will be harder to find an entry-level position with a lower salary than $88K.
And even if you start at a high salary, there are some openings you might be better off starting at a higher salary than the $88k.
“Software engineers with less experience or who have fewer years of experience than the average entry-grade software engineer will likely be getting less money over time, which means that there will be fewer openings that pay well over $100M,” said Jeff Gershenfeld, a senior software engineer at Equifax.
“This trend will continue to change, so it’s important to get your foot in the door before you get too discouraged,” he added.
Software engineers are expected to take on the role of more and more customer service agents and data analysts.
And while the rise of mobile computing will help with the growth of data analytics, it’s still a major role in the software world, said Jeff McElroy, a vice president at SAP who has been an employee for more than 20 years.
“The software team needs to be the driving force behind data analytics,” McElroysaid in a recent interview with Recode.
“If we’re not able to drive that, then the software engineers are going to be left behind.”
For more information about the job growth, financial and market trends that drive software development, read our software development and finance coverage.