Are salaries (really) better 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 work in technologies.

Main conclusions of this survey:

  • 57% of the French think that people earn a better living in the digital sector, while 84% of Tech employees say this…
  • 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!

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…

According to you, what is the average minimum annual salary (in gross) for a first Tech job?
Answers Percentages
Less than 20,000 euros 9%
Between 20,000 and 30,000 euros 41%
Between 30,000 and 40,000 euros 31%
Between 40,000 and 50,000 euros 17%
More than 50,000 euros 2%

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.

What was the average minimum annual salary (gross) for your first Tech job?
Answers Tech Employee Panel
Less than 20,000 euros 8%
Between 20,000 and 30,000 euros 12%
Between 30,000 and 40,000 euros 71%
Between 40,000 and 50,000 euros 7%
More than 50,000 euros 2%

“After 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”.

commented Manon Pellat, General Manager at Ironhack.

With minimal experience, more than 93% of Tech employees earn more than €30,000 gross per year.

They are in detail 45% to win between €30,000 and €40,000 (ie 26 points less than starters), then 32% have a salary between 40,000 and 50,000€ and 10% will reach 60,000€.

Finally, 6% of lucky people exceed €60,000 in gross annual salary.

What is your annual gross salary?
Answers Tech Employee Panel
Less than 20,000 euros 2%
Between 20,000 and 30,000 euros 5%
Between 30,000 and 40,000 euros 45%
Between 40,000 and 50,000 euros 32%
Between 50,000 and 60,000 euros 10%
More than 60,000 euros 6%

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.

Do you think people live better in jobs related to new technologies?
Answers Employees outside Tech Tech employees
Yes 57% 84%
Nope 31% 9%
I do not know 12% 7%

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.

Remember that women are 51% say they earn less than menmore than their male counterparts, only 47% of them think.

Do you think women make more money than men in Tech?
Answers Employees outside Tech Tech employees
woman Man
Nothing is missing 35% 51 % 47%
yes how much 48% 39% 45%
Gone 2% 0% 2%
I do not know 15% 7% 9%

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.

Are you ready to convert to work in Tech?
Answers Percentages
Yes absolutely 13%
Yes why not 41%
Nope 28%
I do not know 18%

*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.

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