How Much Can You Really Earn As A Software Developer ?

Software developers maintain, construct, design, and both systems and software based on computer and mobile phone users’ needs. They code the software, which tells the application or computer — — how to work. 

Software developers are the creative brains behind software programs, and they have the technical skills to oversee their creation by a team or to build those programs. They develop software that enables users to perform particular tasks on computer gadgets.

Those tasks might involve watching a movie, playing a game, building a spreadsheet, or writing a business letter. Specialized software is customized or created for virtually every industry, profession,  and government department.

Software Developer Duties & Responsibilities

Developers can work in applications such as those for mobile devices or systems software, but their tasks are the same in many cases.

  • Test and Develop software to meet clients’ and consumers’ needs.
  • Build upgrades for existing applications.
  • Monitor the performance and quality of applications through maintenance and testing.
  • Document all work for future reference.

Education: Software developers typically have a bachelor’s degree in computer science and a robust programming skill-set. Most developers and engineers start with a college degree, typically in a related field such as software engineering as computer science. While many firms look for developers and software engineers with some computer experience, larger companies will recruit graduates right out of college. But the initial salary for recent hires isn’t as modest as you may think.

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How Much Do Software Developers Make

Careers in the U.S:

The BLS reports that software developers earned an average of     $105,590 per year in 2019. This figure, however, accounts for both engineers and developers and, regardless of skills or experience. According to Robert Half Technology, starting salaries for a software engineer ranged from $78,000 to $125,750 for 2020, predicts, one of the leading providers of IT professionals. This is a slight improvement over last year(1).

Skills

Software engineers with advanced skills often can earn hefty paychecks. ASP.NET MVC development skills, which deal with active server pages, typically make four percent more, bringing the starting range up to $89,000 to $127,000. PHP development skills, Java development skills, Web service development skills.Net development skills also help to increase initial salaries by as much as 7 percent to 9 percent for each.

Locaton

Besides development skills, location affects salary. For instance, software engineers in California, Washington, earn 33 percent more than the national average for all software engineers. Those in New York, District of Columbia, also fare better than most, bringing in 13 percent more than average. Software engineers in Maryland, Massachusetts, make just over 5 percent more than average. However, those in Texas, Colorado, and Virginia earn 6 percent less than the country’s average.

Careers in Europe:

An entry-level Software Developer with less than one year experience can expect to make an average total remuneration (includes bonus, tips, and overtime pay) of £25,253. An early career Software Developer with 1-5 years of experience earns an average total remuneration of £29,621. A mid-career Software Developer with 5-10 years of experience makes an average total remuneration of £37,148. An experienced Software Developer with 10-20 years of experience makes an average total remuneration of £41,606. In their late-career (20-plus years), employees make an average total remuneration of £43,994.

Careers in Asia:

An entry-level Software Developer with less than one year experience can expect to make an average total remuneration (includes bonus, tips, and overtime pay) of ₹340,495. An early career Software Developer with 1-5 years of experience makes an average total salary of ₹460,259. A mid-career Software Developer with 5-10 years of experience makes an average total remuneration of ₹797,465. An experienced Software Developer with 10-20 years of experience makes an average total compensation of ₹1,252,116. In their late-career (20-plus years), employees make an average total salary of ₹550,000.

Job Outlook

According to the BLS, employment growth for software developers is estimated to reach 30 percent from 2010 to 2020. This is much quicker than the country’s average for all jobs, which is projected at fourteen percent. The growth in employment is mostly because of the need for more computer applications and software for handheld devices.

2020 Salary Information for Software Developers

As reported by the U.S. BLS, software developers earned a median annual salary of $111,620 in May 2019. On the low end, software developers earned a 10th percentile salary of $64,240, meaning 90 percent earned more than this amount. The 90th percentile salary is $164,590, meaning 10 percent make more. In 2019, 1,406,870 people were employed in the U.S. as software developers.