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In this article, you will find out what the average blockchain developer salary is in the US, UK, India and Europe. I will take data from sites like Indeed, Glassdoor, and PayScale, because they have average statistics for the countries we are interested in. There is no update for all of Europe, so we will look at salaries in Germany and Switzerland.
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Data in fact. The freelance site has 33.7k listings related to blockchain development in the US (36 months of data). Most of the vacancies are full stack developers with 3 to 5 years of work experience, who earn 112 thousand dollars per year (+4 thousand dollar bonus). Mid-level blockchain developer salaries in the US average $93K per year (+$3K bonus), and entry-level salaries average $70K per year. The minimum rate is $34,000 per year.
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PayScale data. It is a platform where individuals and companies can share and view salary information for various professions and positions. The average salary of a blockchain developer in the United States, according to this platform, is $106,000 per year or $35 per hour. Senior software engineers earn the most ($146,000), while mid-level professionals earn $92,000.
Information about glass doors. On this platform, the salary of a blockchain developer in the United States ranges from $72,000 to $154,000 per year. The average value is $92,000 per year. Salary estimate based on data from 257,000 ads related to software development based on blockchain technology.
Overall situation. According to a report by Hired.com, the situation in the market of vacancies related to the development of blockchain is starting to stabilize after the explosive growth of interest of such specialists in the last five years, when the demand of employers increased by 100-500%. increased annual There is an increase in interest in 2020, but it is relatively small – +9%. At the same time, blockchain developers themselves are left behind in high demand, along with AR/VR engineers and experts in machine learning, security and user experience.
Social network experts draw similar conclusions: after a 34-fold increase in profits over the past years, the situation has stabilized, and the labor market seems to have received the required number of blockchain developers.
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Data in fact. There are actually 45k blockchain related ads in the UK. Most of the vacancies are for the positions of software engineers (15 thousand), their salary is at the level of 43 thousand pounds, which is about 57 thousand dollars at the exchange rate of 1 December 2020. There is also a lot of demand for Full Stack Developers (11k) – $66.5k, Developers (8k) – $60k.
PayScale data. On this platform, the average salary of a blockchain specialist in the UK is around £49,000 or $65,000. The highest earners are Systems Engineering Managers – £120,000 or $160,000 and Senior Software Engineers – £75,000 or $100,000. The average blockchain developer, according to PayScal, earns around £36k or $78k.
Information about glass doors. At the time of writing, there are only 11 blockchain development positions on Glassdoor, with salaries ranging from $72,000 to $154,000. These data are too small to draw conclusions.
Overall situation. The job market situation for blockchain developers in the United Kingdom is similar to that in the United States: in previous years, employers had an explosive growth in interest in such professionals, but in 2020 the situation has declined. The average salary is £68k or $90k per year, which is higher than average for software developers.
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Due to increased demand, many UK companies are considering hiring remote workers. However, they are willing to pay for domestic training and consider candidates from other countries.
Previously, blockchain developers were mainly needed by the financial sector, but now such experts are in demand for legal, human resources, medical and logistics companies (and startups).
Data in fact. On the site, information about the salaries of blockchain programmers in India is based on 24.3 thousand advertisements, which are presented in two positions: programmer at a price of 503 thousand Indian rupees, or 6.7 thousand dollars, programmer – 507 thousand rupees, Or 6., 9 thousand dollars. The number of advertisements for these positions is almost the same.
PayScale data. On this platform, the average salaries of blockchain software developers are almost exactly the same – 510 thousand rupees, or 6.92 thousand dollars. While the average salary of senior software engineers is approximately 798 thousand rupees or 10.8 thousand dollars.
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Information about glass doors. There are 17 blockchain developer job postings on the site, with salaries ranging from 202 to 1 million rupees, or $2.7 to $13.6 thousand. The average price is 450 thousand rupees or 6.1 thousand dollars. As in the case of the UK, this data is not sufficient to draw conclusions about the average salary in India.
Overall situation. The salary of a blockchain developer in India ranges from 500,000 to 3,000,000 rupees – the more experience and skills, the higher the price. In addition, salary is dependent on education and work experience in primary, middle and senior management positions.
Out of 2 million software developers in India, only 5000 professionals have blockchain skills (2000 in NBFCs, 2400 in public sector companies).
The most desired skills are knowledge of Hyperledger, Solidity, Ripple and Ethereum blockchains, programming languages - C, C++, Java and Python, Rebels – Geth, Remix, Mist, Solium, Parity, BaaS and Truffle.
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Data in fact. The average salary of a blockchain developer in Germany is between 26 and 111 thousand euros per year. Most vacancies are Java programmers (63 thousand euros), only programmers (61 thousand euros), programmers (59 thousand euros). There is actually no salary information for blockchain developers in Switzerland.
PayScale data. The average salary of a blockchain developer in Germany is 58 thousand euros or 70 thousand dollars per year in Switzerland 86 thousand Swiss francs or 96 thousand dollars per year. The average salary of a senior software engineer in Germany is 70,000 euros or $85,000 per year, in Switzerland it is 92,000 Swiss francs or $103,000 per year. In Switzerland, the stakes are high because there are better conditions for startups.
Information about glass doors. In Germany, only one bid was published on this page at a price of 49 thousand euros or 52 thousand dollars per year. At the same time, in information about companies related to blockchain development, it is clear that prices can be even higher – up to 140 thousand euros, or 170 thousand dollars per year. At the time of writing there is no data for Switzerland on Glassdoor.
Overall situation. The average salary of a programmer in Western Europe is about 85,000 dollars per year, minimum 45,500 dollars, maximum 125,000 dollars. The highest demand was registered in Switzerland and Germany, as these countries are the headquarters. Major blockchain companies. Additionally, there are regions like Gibraltar and Malta where the government is supporting the start-up of cryptocurrency and blockchain projects.
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The average salaries of blockchain developers in Eastern Europe are significantly lower – from 8 to 80 thousand dollars per year. Here’s a breakdown by category:
Research shows that the explosive growth of employer interest in blockchain developers worldwide has stopped: 9% per year in 2020 instead of 500% in 2019. At the same time, the average salary remained almost at the same level: 136 thousand dollars – for the United States, 73 thousand dollars for Europe, 88 thousand dollars – for Asia.
Mark contributions as useless if you feel they are irrelevant or add no value to the article. This feedback is private to you and will not be shared publicly. Code languages are not just 1’s and 0’s, although they include much more. Coders like web developers, software developers, and computer programmers make things, and coding applies to almost every field, so there are plenty of opportunities to find a coding job that you love.
As a qualified computer programmer, for example, you write, modify, and test code and scripts that make computer software and applications function properly. In other words, computer programmers convert designs created by software developers and engineers into instructions that a computer can follow.
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But what does a coder actually do? The answer is: it depends. Therefore, in this post we will analyze all the factors that affect the annual salary of a coder.
It is coding
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