This means that AR/VR knowledge is the hot new thing, supplanting blockchain engineers, who according to Hired’s data were in demand a year ago. In last year’s report, blockchain engineer demand grew 517%. It’s a surprise to me, as AR/VR is having a mixed impact in consumer markets. But demand in the enterprise is strong.
Hired said that AR/VR engineer salaries range from $135,000 to $150,000 in large U.S. tech hubs. The majority of software engineers predict that we will see the full impact of AR/VR in the next five years. Meanwhile, demand for gaming engineers grew 146% in 2019, and demand for security engineers grew 49%.
The data comes from more than 10,000 companies and millions of job seekers who interact with the Hired job site. The company takes that data and combines it with thousands of survey responses from top tech talent to discern their wants, needs, and expectations.
Meanwhile, the report highlights the consistently high salaries commanded by machine learning experts. It also notes the growing need for engineers skilled in Google’s Go language.
It’s worth noting that demand growth for blockchain engineers slowed to 9% this year, normalizing from its explosive 517% growth last year. This isn’t a surprise, as a lot of cryptocurrency and blockchain companies are struggling to get mainstream acceptance. Some companies are scoring relationships with big companies, but there were a lot of blockchain companies that got funding and haven’t found traction.
Hired said it sees the growth in AR/VR demand as a direct reflection of the technology itself coming of age for a broader swath of business outside of gaming. From beauty companies like Sephora to furniture retailers like Wayfair, many different types of companies are embracing the capabilities of these world-building technologies.
Companies are keeping pay competitive
In every major market, machine learning engineers rank within the top 10 highest paid roles, with San Francisco leading the pay pack at $162,000 per year (a 6% increase over last year’s average machine learning salary in San Francisco). Search engineers get paid even more than the machine learning engineers at $165,000 a year.
Other highly paid constants across markets are the roles of NLP (natural language processing) engineer, security engineer, and gaming engineer, all of which cracked the top 10 highest paid roles in at least two Hired markets.