While the price point of cryptocurrency is observing a decline, the salary point of blockchain engineers is on a steady hike, in fact, it has never been higher. A San Francisco firm that helps clients recruit tech candidates, Hired has been forthcoming with the salary stats, which implies that Blockchain engineers are making marginally more than typical software engineers earn on average
According to the ‘State of Salaries’ provided by Hired, on average a blockchain engineers earn somewhere between $150,000 and $175,000. Whereas, a typical software engineer earns an average salary of $135,000. The data used for this inference is from the services rendered by Hired.
Furthermore, the firm states that the engineers with blockchain expertise are being paid on par with developers who specialize in artificial intelligence and higher than any other specialized engineering roles. This can be attributed to the rise in demand of blockchain engineers as larger companies in likes of Facebook, Amazon, IBM, and Microsoft have shown incline towards the technology.
“There’s a ton of demand for blockchain.Software engineers are in very short supply, but this is even more acute and that’s why salaries are even higher.”
“There’s a mindset here of taking a long-term view of planning. If you’re going to build blockchain technology, you have to get that talent.”