Determinants of Wages in the IT Industry

Student: Akoemov Aleksandr

Educational Programme: Economic Analysis (Master)

Year of Graduation: 2024

This master's thesis provides a comprehensive analysis of the determinants of salaries in the IT industry. The research is based on data from Stack Overflow's Annual Developer Surveys conducted from 2018 to 2022. The study focuses on the impact of education, professional experience, country of residence, and organizational size on the salary levels of IT professionals. The Mincer wage equation is employed to assess the contribution of human capital to professionals' incomes. Findings indicate that higher education and professional experience significantly influence salaries, highlighting the importance of these factors in developing personnel management strategies and compensation policies. Additionally, the study reveals the impact of a country's macroeconomic conditions on salary levels, which is crucial for global companies when formulating employee compensation strategies. The thesis offers recommendations for IT companies on optimizing reward systems and talent management practices.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses