All 2022 compensation surveys updated on JANUARY 1, APRIL 1, JULY 1, AND OCTOBER 1

Foote Partners News Release: Q4 2021 Update of IT Skills Demand and Pay Trends Report

November 26, 2021

Extra pay awarded by employers to talented tech professionals for 630 noncertified tech skills ---also known as cash pay premiums---decreased slightly in the third calendar quarter of 2021, contributing to a 2.1 percent overall decline in the last twelve months. The current average for a single skills is the equivalent of 9.4 percent of base salary.

Conversely, average market values for 555 tech certifications increased for the first time since  2nd Quarter 2018, up 0.4 percent, for the equivalent of 6.6 percent of base salary on average for a single certification. Still, certifications have lost nearly 9 percent of market value on average over the past two years.

Click to download complete Press Release