When asked to list the reasons why you want to be a programmer, the idea of a big salary comes first, right?
Coders can bring in a decent salary. One reason for this is that it takes a lot of time, sweat and money to develop yourself into a badass coder. It’s a high bar to clear, but your reward for all the effort is some pretty green stuff every payday.
But how much should you plan to take home once you become a coder? It depends on a number of factors, which is why we developed this guide. With our help, you can get an idea of what kind of salary you can expect after you finish your coding bootcamp.
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Diploma or no diploma?
Your salary after a coding bootcamp depends on several factors. A college degree doesn’t make as much of a difference in software engineering as it does in some other fields, but coding bootcamp degrees with a bachelor’s degree earn higher earnings than non-coding bootcamp degrees.
With a college degree, you can earn about $85K from your first job, compared to about $75K for no-degree boot camp degrees. That’s still a significant salary increase for both groups — over 50% more than their pre-boot camp salaries. That’s not nothing, you know?
Experience is key
Companies understand that bootcamp coding graduates may not have a background in the field. If you’re a newbie, don’t worry about it – there are many people in the same boat as you. However, if you worked in a tech field before coding boot camp, your starting salary will jump by leaps and bounds. Companies like programmers with a professional background.
It all depends on your previous programming experience. If you were a self-taught software connoisseur and were coding a storm before starting bootcamp, you could be making as much as $125,000 a year. If you’ve developed some programming skills and learned at least some code for class, expect to earn $105K. And people who started bootcamp with no prior knowledge can earn up to $100K.
Your first salary after a coding bootcamp is good…
In any field, a person’s first job will almost always be low pay. Coding is no exception to the rule, but the starting salary is still quite nice.
The median salary after a coding boot camp is about $70K and the median income of a novice programmer is about $65K. Not bad for eight to 12 weeks of hard work, right?
It gets even more impressive when you consider how quickly most coding bootcamp graduates find jobs. Companies are desperate for developers and the demand is not going anywhere. As a result, you can plan to find a good job within a few months.
…And your future salaries will get even better
The best thing about being a programmer is that your pay doesn’t stagnate. If you work hard and do well in your first job, you will reap huge rewards.
“ailCFH came into my life when I needed it most and quickly helped me through a boot camp. Two months after graduating, I found my dream job that matched my values and goals in life!”
Venus, Software Engineer at Rockbot
Find Your Boot Camp Match
You can expect your salary to jump up after a coding boot camp with your second and subsequent positions. On average, boot camp graders make about $120K five years after boot camp.
Like cheese and wine, developer salaries also continue to improve with age; expect to fetch more than $135K with your third job. And that’s just the average salary – senior programmers regularly earn over $150,000 a year and get some nice perks along with the cash, like stock options and more.
You deserve it
Not everyone who signs up will be admitted to a coding bootcamp, and of those who do, not everyone will make it. However, the rewards are worth it: you gain respect and can do something you enjoy.
Best of all, you will also get an excellent salary after a coding bootcamp. The work you do in bootcamp can prepare you for life and ensure that you spend your days with financial security and job satisfaction.
We hope our guide will help you make an informed decision about your future and send you on a lucrative career path. If coding is something you enjoy, your post-bootcamp salary will make you even happier with your choice!