Are salaries (really) better in Tech? » PACA’s economic and political letter

41% of the French think that the first salary in Tech will not exceed €30,000 per year… While 71% earn between 30,000 and 40,000 euros!

57% of the French think you can make a better living in the digital sector, while 84% of Tech employees say the same

For 49% of digital employees, women earn less than men in Tech…

54% of the French would be willing to convert to work in Tech

Ironhack, one of the leading training organizations specializing in digital professions, interviewed* more than 3,203 people between October 17 and 26, 2022, including 1 002 digital employees to compare their opinions on jobs in new technologies.

Official link: https://www.ironhack.com/

The French underestimate real Tech salaries

In France, the average gross salary is around 38,000 euros (ie €22,000 median salary) per year for all categories, genders and years of experience combined (source INSEE 2019). Thus, young graduates who get their first job earn an average of 30,000 euros per year. So it is natural that 41% of the French think that the salaries for the first job in Tech are also between €20,000 and €30,000. But this is far from happening…

Beginners… and experienced people who earn more

In fact, for entry-level positions in new technologies, salaries start between €35,000 and €38,000 per year, or between €5,000 and €8,000 more than the general national level. And the percentage of Tech employees who earn this monthly salary is even higher, reaching 71% when we ask people who work in digital.

Upon completing their Ironhack course, we know that 90% of our graduates get a job in new technologies in less than 8 months. Furthermore, most women follow our training courses as we have more than 55% of female students and very often complete retraining. Recently, we conducted a survey that allowed us to discover that their average salary in this first hire is €40,000, which is more than the national average.e” comment Manon PellatGeneral Manager at Ironhack.

With minimal experience, more than 93% of Tech employees earn more than €30,000 gross per year. In detail, 45% earn between €30,000 and €40,000 (ie, 26 points lower than beginners), then 32% earn between €40,000 and €50,000 and 10% reach at €60,000. Finally, 6% of lucky people exceed €60,000 in gross annual salary.

Tech sees life rosy

In the question” Do you think people live better in jobs related to new technologies? “, the French and Tech employees are almost in agreement. So, 57% of French people and 84% of people who work in digital think that we actually make more money in Tech.

Are women getting paid the same as men in Tech? ?

On the other hand, equal pay seems to remain a problem even in digital-related professions. Thus, 49% of Tech employees think that women earn less than men and are joined on this point by 25% of the French. For their part, 48% of the French believe that women earn as much as men, as do 42% of Tech employees. It should be noted that 51% of women report earning less than men, more than their male colleagues who only 47% think so.

54% of French people are willing to train again

Far from scaring them, many French people will be ready to change careers and move towards a digital profession. In fact, 13% say they are ready to convert to Tech and 41% may consider it. Only 28% are not interested and 18% have no opinion.

*Methodology: The survey was conducted on 3,203 people representative of the French national population aged 18 and over. Survey conducted online from a panel of BuzzPress respondents (27,000 people in France).

Profiles of interviewees:

1,002 people working in the sector of new technologies: companies of products or services in the field of electronics, software, computers, artificial intelligence and other industries related to information technologies.

2,201 people from outside the new technologies sector.

Between October 17 and 26, 2022, an electronic survey was sent by email and posted online on the Facebook and LinkedIn social networks. Responses were aggregated and weighted according to pre-established quotas aimed at ensuring the representativeness of the sample and to obtain a representation of the target population.

All weightings are based on administrative data and data collected by INSEE.

About Ironhack

Ironhack is a tech school whose mission is to enable as many people as possible to retrain through training in Tech professions.

Thanks to its work-study program, Ironhack also wants to allow the youngest to train for free in emerging professions.

It offers intensive training, face-to-face or 100% online in Web Development, UX/UI Design, Data Analysis and Cybersecurity. Since its creation in 2013, Ironhack has opened several campuses in Europe, Latin America and the United States, notably in Madrid, Barcelona, ​​​​Miami, Paris, Mexico City, Berlin, Amsterdam, Sao Paulo and Lisbon . Since then, the school has more than 10,000 students trained in 70 countries and now has more than 600 partner companies such as ManoMano, Capgemini, Ubisoft or Cdiscount. Within 6 months of graduation, 85% of students find employment.

The Paris school, which opened its doors in 2017, intensively trains job seekers and people in professional retraining (+1,200 people since 2017).

More info at: https://www.ironhack.com/

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