Tech workers are willing to give up on high salaries and take a pay cut amid mass layoffs, survey shows
Blind's 2023is the result of an April survey of over 7,300 US tech workers, as well as data the platform pulled from over 50,000 workers that used the company's talent marketplace, Talent by Blind. Insider did not independently verify the employment of users cited in this story, but Blind verifies workers' employment status using their work emails.
The Blind report found that average expectations for pay in tech across the industry have dropped about 5% over the course of the year. Though, salary expectations dropped at the highest rate for junior and mid-level engineers at about 8% to 10%, respectively, according to the Blind survey. The platform attributed the higher impact on mid-level tech workers to an"oversupply of mid-level talent" in the market.
— have been hit the hardest by falling minimum salary expectations, the survey found. Mid-level engineers in the tech hubs have experienced a year-over-year salary drop of about 13%, Blind found. Meanwhile, minimum salary requirement for machine learning engineers have stayed the highest among their peers, according to Blind, which attributed the higher pay to theThe study echoes concerns from tech workers on social media. Over the past few months, hundreds of tech workers have taken to Blind to question whether it's
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