It’s common knowledge that talented developers are like solid gold for companies that are investing in customized full-fledged products. As one of the biggest growth areas of the past decade, the recruitment environment for engineers will continue to grow exponentially over the next decade.
This article will provide a low-down on average coder wages by country and zoom into the factors underpinning the salary structure. Our stats stem from reliable, peer-reviewed resources, such as PayScale, Indeed, Glassdoor and others. By the end of this whirlwind tour, you’ll have up-to-date information on a software developer hourly rate in each country, which will help you pick the best money-value ratio.
Without further ado, let’s get into it!
Average Coder Salaries By Country – Overview
In this article, we’ll set off on an around-the-world trip to such tech hubs as the USA, Canada, Ukraine and also make a quick stop in Britain and Norway.
When all industries are reeling from the chaos of pandemic, the US tech sector demonstrates perseverance and further growth. According to CompTIA, the technology sector has seen an influx of new workers with more than 30,000 new jobs added to the talent pool. The technology boom is going strong in the states and contributes around $1.9 trillion of the direct economic output, representing 10% of the national economy.
US junior coders with unassuming experience earn between $30 to $37 per hour, while the average software developer salary for senior engineers with 5-10 years of experience is around $44-$73. Middle-level specialists price their services between $35 to $43.
Like in the US, the Canadian tech sector also energizes the local economy, accounting for around 4,7% of the overall economy. During quarantine, the Canadian tech industry has surged to meet many needs including gaming, conference calls, and e-commerce.
As for the hourly remuneration, Canada is keeping up with the USA. A newly-minted software engineer can expect to earn from $19 to $31 per hour. A mid-career developer makes an average hourly compensation of $33,5-$42, whereas an experienced coder with 10-19 years of experience earns an average of $44-$52 per hour.
The IT area is a rather young industry for Ukraine. But that didn’t stop this budding country from surprising the tech global arena with a winning bid. Boasting over 4,000 tech firms, Ukraine has been recognized as the #1 powerhouse in Europe and is not going to abandon its stronghold.
Reasonable developer salaries are another reason why this country is a magnet for foreign investments and outsourcing software development. For example, an entry-level engineer salary ranges from $2 to $10, while middle-level programmers price their services at $12-$21. Senior coders are the top paid, with an hourly remuneration of $21-$27.
The British tech sector keeps its foot down in the global landscape, sitting behind only the USA and Canada. Technology businesses fuel the local economy, accounting for 7.7 percent of the UK economy. To its credit, the country is known for well-compensated tech jobs.
Thus, a junior specialist charges around $17-$33 per hourly services, while a mid-level developer sets the bar higher to $23-$46. Experienced coders get the highest of $32-$56,5.
Tech startup crush in Norway is turning the country into a thriving technology environment. The Norwegian IT industry is represented by an eclectic mix of small, cozy firms and large enterprises.
Payscale data suggest that entry-level developers earn around $14 to $24 per hour, whereas a middle-level specialist ups the ante to $24,5-$33. Seasoned software engineers charge their services for $32-$46 per hour.
What Affects The Average Hourly Rates?
As you see from the aforementioned stats, there is a huge cleft in average hourly remuneration by country and within one region. Among factors that determine the numbers are:
As the article demonstrates location is the key factor that molds the salaries. Thus, European developers typically charge significantly less compared to those based in the USA and Canada.
The price charged by a large reputed vendor is usually higher compared to a smaller company. At the same time, it is a common practice for a small and mid-sized software firm to quote lower prices.
Projects that require an impressive and rare tech stack are inevitably priced higher than those with a simple API.
Average hourly rates are directly linked to the number of experience years. The more time a coder spends perfecting his or her skills, the higher is the charge.
If your project is pushed for time, a software company will need to ramp up the working forces to complete it in time. Hence, you get a higher hourly charge.
The Bottom Line
Choosing a perfect software developer is crucial to getting your requirements heard. Luckily, you are not limited by geographical boundaries in the modern world, which means you have a huge talent foundry available. We recommend doing profound research and comparing all software outsourcing destinations before making a critical choice. Remember, you can get the same work done just for a fraction of the price, so choose wisely.
If you are interested in even more business-related articles and information from us here at Bit Rebels, then we have a lot to choose from.