Table of Contents Hide
- What Do Software Engineers Do
- Are software engineers rich?
- What type of software engineers get paid the most?
- Which country pays the highest salary for software engineers?
In recent times digital, disruption, has been seen to invade nearly all aspects of our lives. As a result, the demand for persons with skills to design, develop and maintain computer systems has gone through the roof.
In fact, software engineers took the number one spot in the U.S News Best Job Rankings for the top 100 jobs in the world. Software engineers are some of the highest paid workers/developers in the world.
Below we investigate the 10 highest paid software engineers in the world.
What Do Software Engineers Do
Before you dive into the sweet world of hundred-thousand-dollar amounts, it would be nice to know what exactly it is that software engineers do to make them so highly paid.
Computers are run by programs that execute the various functions that a user may intend to do.
Software engineers are generally trained in engineering, computer science, and mathematics and they use this knowledge to design and develop computer programs.
Further, software engineers will manage the entire process of creating and maintaining computer programs by engaging coders, developers, and designers.
Are software engineers rich?
Software engineering skills are in such high demand that some of the highest paying jobs are in software engineering.
Big tech companies such as Google and Microsoft have whole armies of software engineers within their ranks.
These companies are worth billions of dollars and the human resource happens to be one of their most valuable assets. Consequently, the highest paying developer jobs far outrank the highest paying jobs in other industries.
But even within the world of high-paying software engineer jobs, there are different classes of earners. For instance, you would not expect a 23-year-old developer who is just starting out in their career to make the same amount as a developer with 10 years’ worth of experience.
Similarly, the role that you play as a developer has a direct impact on your earnings.
Generally, software engineers in management roles will earn more money than their non-management colleagues. Additionally, some freelancers earn much more money than their counterparts in traditional full-time employment.
Other considerations also come into play when evaluating the highest-paid software engineers such as the type of software engineer you are and the country you operate in.
What type of software engineers get paid the most?
Within the software engineering world there exist different types of developers who perform different roles. Due to market forces of demand and supply, the pay rate for these developers varies from role to role.
Below we analyze 10 of the highest-paid software engineers.
1. Machine Learning Engineers
Machine learning specialists have one of the most sought-after skills within the software engineering industry.
A 2018 study by LinkedIn revealed that there is great demand for machine learning engineers but not enough talent supply.
The same study revealed that machine learning engineers can earn up to $138,000 per year with the figure rising to $250,000 with increase inexperience.
2. Augmented/Virtual reality engineers
Augmented or virtual reality is seen as the next frontier in the digital landscape. More and more industries are incorporating this technology in their service delivery. From businesses to schools and retail outlets, everybody is clamoring for a piece of this groundbreaking technology.
As a result, virtual reality engineers have become highly sought after and are among the highest-paid software developers.
They are able to demand a high fee with Hired reporting that they can earn anywhere between $120,000 to $200,000 yearly.
3. Cybersecurity Engineers
With the world embracing the digital shift fully criminals have also moved their operations to the virtual realm.
The big industries have therefore had to adapt and cybersecurity is now a priority for industries such as banking, retail, insurance, healthcare, and manufacturing.
Cybersecurity experts offer great value to firms in the new age and are highly sought by tech firms.
Their average salaries have shown steady growth over the years. Currently, cybersecurity engineers may earn up to $160,000.
4. Big data engineers
Data science has taken the world by storm fueled by the social media age.
At present scientists can glean valuable data regarding communal behavior which can, in turn, be used to tailor products for said communities.
This has made big data engineers become some of the most highly paid software engineers in the world. Such software engineers can rake in up to $160,000.
5. Gaming engineers
Gaming is a multi-billion industry with millions of serious gamers spread throughout the planet.
Its engineers are not here to play but here to stay and make some serious cash.
It is estimated that gaming engineers earn an average of $155,000 yearly.
6. Mobile engineers
Everyone owns a mobile device. In order to serve the different kinds of needs, there is a huge demand for full-stack mobile application developers.
When you consider the fact that there exist different platforms such as Android and iOS you begin to understand the scale of work in the mobile application field.
On average mobile engineers earn around $150,000.
7. Embedded and application engineers
Although the demand for these engineers is low relative to other engineers o this list, their supply is also low in the market. As such they still remain to be among the highest-paid software engineers.
Their median salary is about $150,000.
8. Site reliability engineers
These engineers ensure that your favorite site is up and running at peak performance at all times of the day.
Obviously, this role is quite demanding and as such, they are able to command high fees earning up to $140,000 annually.
9. Front end engineers
This type of engineer makes up the bulk of the software engineers. Their role comprises of ensuring that software is user-friendly by developing attractive visuals for the user. Annually, they pocket an average of $110,000.
10. Back-end engineers
As opposed to their front-end counterparts, back-end engineers do the work that is rarely seen by the user. Typically, they’re responsible for creating and maintaining technology at the back end of a website.
Back-end engineers earn a figure of around $108,000 annually.
Which country pays the highest salary for software engineers?
The list of countries that pay software engineers the highest salaries in the world does not throw up any major surprises.
Software engineers in the USA and Switzerland receive the highest salaries.
Generally, speaking developers in European countries are the most highly paid with Germany, Norway, the Netherlands, Norway, Sweden, Finland, and the UK appearing in the list for countries with the highest salaries for software engineers.
The table below shows the countries with the highest-paid software engineers and the average salary in each country.
The USA $110,638
New Zealand $46,229
United Kingdom $42,394
The median salary for software engineers is well above the median salary for other careers.
From the analysis above it should be clear to you the kind of salary you would expect to earn as different kinds of software engineers.
Similarly, it is clear which countries pay software engineers the highest salaries hence it is easier to make that job decision.