Demand for blockchain technology engineers has grown exponentially globally, according to Glassdoor. In the US alone, unfilled blockchain-related jobs have increased 300% yearly.
In August of last year, there were 446 job vacancies for blockchain experts, while the same month in 2018 the number had grown to 1,775.
Salaries oscillate between $36,000 (£27,700) for entry-level positions to over $200,000 (£153,700) for more experienced and advanced roles.
Better paid than software engineers
Another jobs website, Hired, reveals that blockchain engineers make more than software developers, who earn $135,000 (£103,700) per year on average.
Hired CEO Mehul Patel says “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”.
Reasons behind surge
One of the main reasons for high salaries is the demand for blockchain experts by top level tech firms such as IBM, Microsoft, Facebook and Amazon.
Glassdoor adds that most of the job openings are in California and New York.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.