If you want to develop a technological project, hiring specialists in the area, such as software engineers is necessary.
This professional could be beneficial for any process that has to do with developing digital environments.
Do you need to know how much a software engineer charge? This blog is for you.
Software engineering: one of the best wages on the market
The United States has stood out from many other countries for its important technological development, so it is not surprising that professionals dedicated to these areas are well paid compared to the number of hours worked.
According to Glassdoor, a famous salary consulting firm, the answer to “how much does a software engineer earn” is surprising; on average, U.S. professionals could earn up to $113,759 annually. That means an engineer’s monthly salary is close to $9,000, although it may vary depending on the type of company, years of seniority, and engineer experience.
Now, the annual salary of a software engineer in Latin America varies between $30,000 and $40,000, resulting in an average salary of $2,917 per month. This salary is competitive in the region but still lower than that of an American.
Contract types for software engineers
Depending on the professional you need to develop your project, what a software engineer earns can vary, as there are different contracts.
Generally, a technology professional can work under contract or as a salaried employee.
If you hire them under a salary, the labor remunerations will be calculated according to the weeks worked. The labor relationship will be indefinite, or at least until one of the parties with previous notice decides to terminate the such relationship.
While when having a contract with the company, they will be calculated according to the hours worked, and the labor relationship will have a previously defined time, which may or may not be renewed at the end of such period. Therefore, considering the condition in which you are in that company, the salary could vary between 30 thousand and 40 thousand dollars per year, which is what a semi-senior or senior engineer would earn.
More specifically, if the remuneration per project is based on the number of hours worked, the salary unit will vary between 20 and 25 dollars per hour.
Areas that most require software engineers
Any business that works with technology could use a software engineer, but the main branches are robotics, machine learning, embedded systems, and the internet of things.
The area that has the most significant potential for development, both professionally and in terms of remuneration, is Artificial Intelligence.
In terms of growth possibilities, it is followed by embedded systems programmers, and specialists in the Internet of Things, whose salary is slightly lower than a specialist in Artificial Intelligence could earn.
Following this, we have specialists in Machine Learning whose salary is still competitive, but the environment in which they develop is usually a little more restricted.
To estimate how much a software engineer earns, you must consider all the variables mentioned above; this way, you will get the professional that best suits your company.
Do you want to hire the best software engineers? Click on the link on our website and start working on your future.