Resolves to YES if the median total compensation value in the webpage below is greater than US$170,500 on Dec. 31st 2023 or NO if equal or lower.
https://www.levels.fyi/t/software-engineer/locations/united-states
If this URL stops working, I will base the final value on the levels.fyi median all-level software engineer salary for the US. If this isn't possible (e.g. due to levels.fyi ceasing to operate or beginning to charge to access its services), this market resolves to N/A.
Feb 19, 1:38am: Will software engineer total compensation be higher at end of 2023? → Will US software engineer total compensation be higher at end of 2023?
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Based on a review of data on software engineer compensation in the United States through the end of 2023, several factors point to a potential increase in overall balance. A base salary of $135,575 plus an average bonus of $18,768, along with a typical equity of $7,590, make up the average total compensation of $154,343. Different experience levels are reflected in the salary ranges: mid-level professionals earn between $120,000 and $180,000, senior engineers earn between $180,000 and $325,000, and novice engineers earn between $65,000 and $120,000.
Considering these figures and the general trends of small pay increases, U.S. software engineers might be paid more by the end of 2023. Mostly, these jobs now spend at least 5% more annually.
References:
CareerFoundry: How Much Does a Software Engineer Make in 2023?: https://www.glassdoor.com/Salary/Careerfoundry-Salaries-E893190.htm
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