8 Reasons Tech Salaries Are High
The salaries in tech are not only so high, but it is also increasing and will not go down, capping it all, these jobs are not hard but yet they pay so much.
There is a high demand for tech skills profoundly known as digital skills. Unfortunately, there is not enough supply of human resources to match the demand.
So learning at least one digital skill now will build a fortune because not only will the tech salaries increase but also it won’t go down.
Confusing right? Let me illustrate with one of the most used gadgets in the world- the phone.
There are a series of applications available now on the phone, and as time progresses most people are advocating for security for their children. Hence, the birth of children’s apps, games, videos, etc. All these are digital products; and require digital skilled personnel to replicate.
High salaries are among the benefits of delving into tech.
But, to clarify your doubt let us talk comprehensively about why tech jobs pay so high
Also Read: Tech. 10 Very Easy steps Needed to Transition into A Tech Career.
Average Tech Jobs Salaries
Although the salaries depend totally on the type of tech job or tech skills you have and most importantly the number of experience in the industry. To make things easy, we will be dividing the tech jobs into 4 categories.
| S/N | Category | Average Monthly Salary |
| 1 | Designers | $700,000 |
| 2 | Marketers | $500,000 |
| 3 | Programmers | $1,000,000 |
| 4 | Analysts | $650,000 |
Under each category, it is important to note that the salaries within them also vary with experience, locations, and avenues you got the jobs.
The Exclusive Benefits Of Tech Jobs
Choosing a career may pose difficulty, but the tech jobs are right for you. Not only does it pay high but also has additional benefits. Over the last decade, tech salaries have been increasing without going down. Thanks to companies like Microsoft, Google, Apple, etc.
Opportunities are endless and in addition, they offer better wages than our traditional jobs. But, you have to be digitally skilled, eager to learn, etc.
1. Tech Jobs Don’t Require A College Degree
You may have the best college degree, but it is likely not to get a tech job that pays high. On the other hand, another person who only had the opportunity of attending high school, and still attracts a high-paying tech company.
So the tech industry is not a respecter of degree if you don’t have a digital skill. However, joining both will be an added advantage to you, only because you are likely to be more exposed and easily assimilate things.
2. Tech Jobs Pay High
Who wouldn’t love a high-income pay that also grantees it will be increasing as time goes on?
Most ladies at TEFEM do, that is why we have more than 300,000 ladies for each cohort organized 3 times a year.
Tech jobs pay huge, it is a good industry to work in if you want to live a comfortable life even when you are retired.
Also Read: 10 Digital Skills Every Lady Should Know IN 2022.
3. Work Remotely
In the Tech world, you can work from anywhere. But, some require on-site workers. Nevertheless, most tech companies need remote workers, and freelancers to help with developing quality products. As a tech worker, you are entitled to enjoy flexible work hours.
4. Tech Appreciates Unique People
The tech industry accepts who you are, unlike our traditional jobs that have dress codes for example.
Everyone is occupied with work to produce quality products, if your unique skill can foster the outcome, then it is highly welcome.
5. Room For Personal Growth And Development
The industry knows that the more you learn the better their ecosystem will improve. Hence, they provide workers the ability to learn. They accomplish this through sponsored seminars, vacations etc.
The benefits of working in tech jobs that still pay high salaries are endless.
8 Reasons Tech Companies Pay So High
TEFEM analyzed data of her students to find out why Tech companies pay so high, regardless of the entry-level factor. Tech jobs are not hard as most people think, moreover the salaries are increasing dramatically. So even when you happen to be a beginner, the industry still pays high compared to the average traditional jobs. Surprising right?
1. The Supply Of Labour Is Low
Let’s be honest, you are probably the only one in your family that is interested and know that tech is a gold mill. Even when you inform your loved ones about your tech career their first reaction is disdain and shock.
Well, the bitter truth is not everybody knows about the high pay in tech and as such, they don’t indulge in learning a digital skill.
The few that have these skills become targets for the rising tech industry.
2. These Companies Aimes For The Best
Tech companies want the best result since they are likely to be a competition in the industry.
So they want competent and innovative workers. Paying a high salary is a way of attracting top-notch skills.
3. Tech Companies Host Innovative Professionals
Not to lose a professional that will increase the revenue of the company. These companies not only pay high salaries but also issue large stocks.
4. Wages in Tech Companies Are Not Tampered With
Unlike our traditional jobs where wages can easily be deducted once there is inflation, the tech companies differ.
They find a unique way of still paying a high salary. Rather than tampering with the salaries, they increase.
5. You Can Work Remotely
I know you must be wondering how working remotely answers why tech jobs pay so high.
Of course, it does answer the question!
Let illustrates Funke is a Nigerian that has learned a digital skill from TEFEM and after she got help and was launched to work life. A tech company based in the US contacted her and she got the job.
The salary for that job in the US is $1,000,
Funke is now paid #500,000 in Nigeria after a month of training!!!
Will she be entitled to more pay?
The answer is yes she will because tech salaries are increasing. Don’t forget she is paid 500,00 naira in Nigeria as a beginner in tech( which is above the average pay in the country).
However, these tech companies are paying you for your time, data, and pains for working online.
6. Tech Companies Compete for Top Talent
Instead of asking, will tech companies go down? Why does tech pay so much? Are tech jobs so hard? why not bother with getting top-notch skills and trusting the system. Because all tech companies are actively looking for top talent who can achieve beyond their value propositions. If You are a lady you can get top-notch skills with TEFEM.
Also Read: Digital Age.Top 7 Skills You Will Need in A Digital Age
7. The Revenue Generated By These Companies Is High
Tech companies generate a lot of revenue from users and other companies. Hence, it’s only right for them to pay their workers high.
So that’s why tech jobs pay so much, why tech salaries will not go down and why tech salaries are always increasing.
8. A Medium To Encourage More Talent To Join
For years now the tech industry has been launching a campaign on the importance of integrating technology into all areas of human life. Recently, there is an active campaign for all to join the web3. Using a high salary is a lead magnet to foster this integration. That is why the tech industry keeps advancing and blooming.
There are 1001 reasons to join tech among them is that tech salaries will not go down, as the jobs pay so high. These reasons should help you consider joining the tech industry as an opportunity for growth and development is 99% more certain than that of our traditional jobs.
Frequently Asked Questions
Even when tech companies are steadily adjusting their expenses, tech salaries are increasing annually.
This is due to the expansion of tech needs by humans. Let’s use Amazon as an example; after 2020 most people have familiarised themselves with e-commerce.
This invariably means many activities are going on on the platforms. Hence, Amazon would want to retain this huge customer base by recruiting valuable and lucrative skills. Also, they would retain their senior staff by increasing their incomes.
The truth is you don’t need a degree to get into an IT job and also you don’t need much experience to attract tech companies that pay so high.
However IT jobs strive for the best and getting entry-level IT jobs may be a bit difficult. But remember Funke, who had no experience but after the TEFEM one-month program she was able to secure an IT job with a high pay so yes you can also get an IT job without experience.
Again you can call in as an intern, fortunately enough most tech companies pay interns. With that experience, you can Foster your job hunt so it’s a company that pays high.
Are Tech Salaries Increasing Yearly?
Even when tech companies are steadily adjusting their expenses, tech salaries are increasing annually.
This is due to the expansion of tech needs by humans. Let’s use Amazon as an example; after 2020 most people have familiarised themselves with e-commerce.
This invariably means many activities are going on on the platforms. Hence, Amazon would want to retain this huge customer base by recruiting valuable and lucrative skills. Also, they would retain their senior staff by increasing their incomes.
Also Read: What Tech Skills Can I easily learn Without a Laptop in 2022?
Entry-level IT Jobs With No Experience
The truth is you don’t need a degree to get into an IT job and also you don’t need much experience to attract tech companies that pay so high.
However IT jobs strive for the best and getting entry-level IT jobs may be a bit difficult. But remember Funke, who had no experience but after the TEFEM one-month program she was able to secure an IT job with a high pay so yes you can also get an IT job without experience.
Again you can call in as an intern, fortunately enough most tech companies pay interns. With that experience, you can Foster your job hunt so it’s a company that pays high.
Summary
The reasons tech jobs pay so high have been fully understood. So getting skilled digitally is a non-negotiable option. We know it may seem difficult and perhaps not true. But the TEFEM launched some research, to be able to convince young African ladies to join tech.
Not only did we find out that tech jobs pay high and also it is increasing by 2025, but the industry will also have enough talent. Nonetheless, the tech salaries will not go down.
Hence we urge you to take up a course and get into a position early enough. If by chance you are an African lady or know one who is interested in tapping into financial freedom, share this blog post so they can see valuable reasons to contact us.
