Interested in making a lot of money?
That is the question most people want answered. How do you do that?
Depending on the specific job, location, level of experience, and other factors, the average salary in the tech sector can differ greatly. As of May 2020, the median annual wage for computer and information technology occupations was $91,250, according to the US Bureau of Labor Statistics.US Bureau of Labor Statistics, the median annual wage for computer and information technology occupations was $91,250 as of May 2020.
A software developer, network architect, data analyst, technical support, and cybersecurity analyst may have a higher or lower salary than the median. As well as location, major tech hubs like San Francisco, New York City, and Seattle typically offer higher salaries than other areas.
According to data from the Government of Canada's Job Bank, the average salary in the tech sector in Canada is around CAD 80,000 - CAD 85,000 per year.
Data scientists, machine learning engineers, and software architects are some of the highest-paying tech jobs in Canada. As a result of the concentration of tech companies and the high cost of living in cities like Toronto, Vancouver, and Montreal, salaries vary widely.
It's also important to note that salaries within the tech industry can vary based on the company and industry. There may be a difference between salaries in the finance and banking industries and those in the gaming and e-commerce industries, for instance.
How Much Does a Software Developer Make?
The national average salary for a Software Developer is $79,421 in Canada, according to Glassdoor.
In United States, Software Developers made a median salary of $120,730 in 2021. The best-paid 25% made $151,960 that year, while the lowest-paid 25% made $90,870, according to US news.
How Much Does a Data Analyst Make?
The average data analyst salary in Canada is $80,000 per year or $41.03 per hour. Entry-level positions start at $60,013 per year, while most experienced workers make up to $140,646 per year, according to Talent.
The national average salary for a Data Analyst is $72,274 in United States.
How Much Does a Solution, Software or Cloud Architect Make?
The average annual salary for a solutions architect working in Canada is approximately $100,000 per year. The salary range for this position starts at more than $70,000 and can reach up to $130,000 or more, according to Randstad.
The average salary of an AWS Solutions Architect, the most prevalent AWS certification, earns an average salary of $159,033 in the United States in 2022, according to Simplilearn.
The national average salary for a Cloud Architect is $125,806 in Canada, according to Glassdoor.
According to Glassdoor, here are the salaries for other related jobs.
· Cloud Solution Architect · $124,509
· Cloud Computing · $95,438
· Devops Engineer · $94,025
· Enterprise Architect · $130,634.
U.S. Bureau of Labour Statistics (BLS) employment projections, wage, and other data for related occupations not shown in the following table are available on the Data for Occupations Not Covered in Detail page.
Occupation | Job Summary | Entry-level Education | 2021 Median Pay |
Computer and information research scientists design innovative uses for new and existing computing technology. | Master's degree | $131,490 | |
Computer network architects design and build data communication networks, including local area networks (LANs), wide area networks (WANs), and Intranets. | Bachelor's degree | $120,520 | |
Computer programmers write, modify, and test code and scripts that allow computer software and applications to function properly | Bachelor's degree | $93,000 | |
Computer support specialists maintain computer networks and provide technical help to computer users. | $57,910 | ||
Computer systems analysts study an organization’s current computer systems and design ways to improve efficiency. | Bachelor's degree | $99,270 | |
Database administrators and architects create or organize systems to store and secure data. | Bachelor's degree | $101,000 | |
Information security analysts plan and carry out security measures to protect an organization’s computer networks and systems. | Bachelor's degree | $102,600 | |
Network and computer systems administrators are responsible for the day-to-day operation of computer networks. | Bachelor's degree | $80,600 | |
Software developers design computer applications or programs. Software quality assurance analysts and testers identify problems with applications or programs and report defects. | Bachelor's degree | $109,020 | |
Web developers create and maintain websites. Digital designers develop, create, and test website or interface layout, functions, and navigation for usability. | Bachelor's degree | $78,300 |
How can you get into the Tech sector and become eligible for these roles?
To get into the tech sector and qualify for tech jobs, there are several ways:
Gain relevant education: Consider pursueing a degree or certificate program in a technology-related field such as computer science, information technology, software engineering, or data science. A technical career requires both knowledge and skills, which these programs provide.
Develop your skills: Take online courses, attend coding boot camps, and participate in coding challenges. Even if you don't have a degree in a tech-related field, you can still develop your skills. As a result, you will be able to build your skills and show potential employers that you are an expert in your field.
Get hands-on experience: Obtain practical experience through internships, co-ops, or entry-level tech jobs. By doing so, you will be exposed to real-world problems and will be able to develop your skills and expertise.
Create a portfolio: Show potential employers your skills and experience by creating a portfolio of your tech projects.
Network: Build your network by attending tech events, joining tech-related online communities, and connecting with professionals in the industry.
Don't stop learning: Keep up-to-date with industry developments and trends. Technology is constantly evolving, so staying up-to-date is essential. You will be able to stay relevant and competitive in the tech job market if you do this.
In case you aren't super tech, but are still interested in joining the tech industry, don't fret!
A variety of skills are required for a wide variety of non-technical positions in the technology sector. A few examples are as follows:
Marketing: Marketing roles in the tech sector can include promoting products, building brand awareness, creating content, managing social media accounts, and analyzing customer data.
Sales: In the tech sector, sales roles can involve developing relationships with clients, negotiating contracts, and closing deals.
Human Resources: In the tech industry, human resources roles can include recruiting and hiring employees, managing employee benefits and compensation, and developing employee retention strategies.
Project Management: Technology project managers oversee software development, manage budgets and timelines, and ensure that projects are completed on time and on budget.
Business Development: A business development role in the tech sector can involve identifying new business opportunities, developing partnerships, and negotiating contracts.
Finance: A finance role in the tech sector may involve managing budgets, forecasting financial performance, and performing financial analysis.
Legal: In the tech sector, legal roles can include advising on intellectual property, negotiating contracts, and ensuring regulatory compliance.
The above are just a few examples of the many non-technical roles available in the tech industry. In addition to communication skills, analytical skills, and strategic thinking, many of these roles require transferrable skills from other industries.
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