◀️Blockchain and Crypto Industries See Growing Demand for Talent! Average salaries see below👇🏽▶️
▪️A recent study found that crypto and blockchain-related job opportunities significantly increased in the U.S. this year, despite the slump in cryptocurrency prices.
In the course of its analysis, There is a large number of online U.S. job postings on their site containing keywords related to blockchain, Bitcoin (BTC) and cryptocurrency. To ensure more accuracy, the company also included more general blockchain-related terms, while excluding jobs from third-party recruiting firms.
▪️In August 2018 there were 1,775 unique blockchain-related job openings in the U.S., while at this time last year there were 446 similar job ads, which represents a 300 percent year-over-year increase.
▪️The highest proportion of job openings is concentrated in 15 cities, including New York City and San Francisco, with 24 and 21 percent of total job ads respectively. They are followed by San Jose, Chicago, and Seattle, with 6, 5 and 4 percent respectively. The top 15 cities together constitute 79 percent of blockchain-related job ads in the U.S., while the remaining 21 percent are distributed across the rest of the country.
▪️The most in-demand blockchain roles are primarily technical and engineering, with software engineer as the clear leader, comprising 19 percent of total job listings. More broadly, engineering, technology, and science roles represent 55 percent of total job openings.
▪️Despite the leadership of tech roles, there is the need for analyst relations manager, product manager, risk analyst, and marketing manager roles as well. Notably, such roles as traders and investment analysts are not listed in the top 15 occupations.
Here is the median base salary in the blockchain field is $84,884 per year, which is $32,423, or 61.8 percent, higher than the U.S. median salary of $52,461 per year. In total, salaries range from $36,046 per year to $223,667 per year. Higher salaries are explained by the location and nature of the jobs available, while high skill occupations like software engineers already require high salaries.