If you like to solve problems, love technology, and enjoy being part of a team; a career in coding might be right for you. According to Fast Company, “seven million job openings in 2015 were in occupations that required coding skills, and programming jobs overall are growing 12 percent faster than market average.”
Coding is a rewarding career for a lot of reasons: it’s constantly evolving, it’s personally satisfying, and it’s a creative outlet. It can also be a lucrative career. Incremental pay raises are not uncommon, and coders can expect their salaries to climb after just a few short years of experience.
We compiled salary data from different regions of the world below to highlight what you can expect to earn as a coder.
According to PayScale, the median salary for an entry-level software developer is $64,682 in the United States. This number climbs to $100,152 per year for senior software developers! Glassdoor reports that software developers in Canada usually start at Can$62,000 (US$49,000). Senior developers at the higher end of the scale earn Can$98,000 (US$76,800). While this is a small leap than the United States, we bet you’ll still accept this 50% increase.
Starting software developer salaries across the European Union (EU) are €32,000 on average, and climb to an average of €44,600 a year (according to Glassdoor). The increases in pay for those with experience continue here too. For example, Glassdoor reports that at ten year of experience, your salary could be €80,000 a year on average. That’s a pay raise of over 100%.
The trend for coding career progression is consistent around the world though local salaries will of course reflect local economies. According to this survey, salaries in Australia range from the equivalent of US$38,000 to US$76,000. Israeli software developers typically start at the equivalent of US$29,000, and an experienced developer could make a staggering US$106,000.
Your Coding Career
While the trend for career progression in coding is consistent worldwide, we also see that coders climb the pay scale very quickly across the globe. As a coder, you’ll walk into your first job with a solid salary, and based on some of the sites mentioned above and the personal experience of some of our graduates, you could see your salary double (or more) within only five years.
Growing salaries are just one of the reasons coding is such an attractive long-term career: A lot of things will change throughout your life including your expenses for things like family, education, retirement, and basic necessities. It’s important to have a salary that will grow with you throughout your career, and a job in coding will provide just that.