Which benefits do tech professionals want?
According to Dice’s latest Tech Salary Report, health insurance, PTO, 401k matching and pension benefits remain most important to tech professionals. While the share of those claiming these benefits as important has trended downward over the past few years, tech workers continue to regard them as the most important. Smaller but significant percentages also want their companies to pay for training and education, work-from-home stipends, and more.
There’s a big takeaway here: When you’re onboarding with a new company, always spend time reviewing the benefits package. As employers seek to attract and gain skilled tech professionals, they’re increasingly integrating secondary benefits such as equity, work-from-home stipends, wellness programs and fitness reimbursements as a way to differentiate themselves from the rest of the market. These benefits are increasingly important to tech professionals, according to our data, and could sway you as you debate which company to join.
If an employer can’t offer you the salary you feel you deserve, but you really want to work for that particular company, you can always negotiate for benefits. When you sit down with your manager, explain how certain perks like subsidized training and education can boost both the company and you in the long run; benefits that promote good work-life balance will boost your morale and ensure you’re well-energized to meet the company’s daily challenges. Managers are more likely to meet your requests if they can see the strategic upside.
In the meantime, we’ve broken down the Tech Salary Report into the following sections for your reading pleasure:
Always remember that, no matter what your industry, you can boost your compensation and benefits packages by focusing on specialized skills, recognizing new opportunities, and negotiating effectively.
