Anecdotally, that seems correct. Wages for competent software engineers have noticeably risen in the last year due largely to supply shortfalls. It is a really good time to be a software engineer if you have some skills.
A caveat is that part of the perceived average pay increase is that the minimum talent level required has also been increasing. Demand for generic, average skill has not been where the growth is. I think we are in the early stages of a bimodal job market.
A caveat is that part of the perceived average pay increase is that the minimum talent level required has also been increasing. Demand for generic, average skill has not been where the growth is. I think we are in the early stages of a bimodal job market.