Is Coding Still A Lucrative Career?
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April 21, 2023
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A career in coding career could be an exciting one but how lucrative can it be? As we are beginning to see the emergence of AI. Is coding a sustainable career as some new AI tools can automatically generate codes?
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Is Coding Still A Lucrative Career?
Someone who codes is a computer programmer or software developer but for this article, we will refer to computer programmers and software developers as coders. Are you interested in a coding career? Before you do, you need to weigh in the variables associated with this career for you to be able to determine if this is the right career path for you.
The exact salary information for coders in Nigeria can be difficult to come up with due to several reasons. This is because the companies people work for in these roles have huge differences when it comes to the pay scale for coders. While some pay in dollars, some pay in local currency.
For example, top tech companies like Google, Microsoft, and Apple will pay well compared to other Nigerian startups. Coding jobs may vary in title and responsibilities. Some of the most common coding jobs out there includes software engineering, software development, Full Stack web development, front-end web development, back-end web development, and computer programming.
What Are The Factors That Determine The Salary Of Coding Jobs In Nigeria?
Work Experience
This is a highly significant criterion for programmers because job experience is extra credit and boosts your chances of being hired. A computer programmer with less than two years of experience may earn roughly 164,000 Naira per month, however, one with more expertise may earn more. Of course, the compensation rises as one obtains more experience owing to the number of years in the industry.
For example, a programmer with two to five years' experience is likely to earn 218,000 Naira per month, a programmer with five to seven years of experience is likely to earn 323,000 Naira per month, a programmer with seven to ten years of experience is likely to earn 429,000 Naira per month, and a programmer with over ten years or more experience is likely to earn 465,000 Naira per month.
Educational Qualification
The education level for people that code varies, and the further you climb the ladder, the more likely your pay will rise. There are three levels: certificate/diploma, bachelor's degree, and master's degree. The average monthly pay for someone with just a coding certificate holder is 187,000 Naira. The average salary for a coder with a bachelor's degree is 293,000 naira per month, and the average salary for someone that codes with a master's degree is 491,000 naira per month. It is always advisable to acquire higher education to have a good career in programming since the return is always worth it; not only does it influence the salary, but it also adds class and titles.
Average Salary For Coding Jobs In Nigeria
In this part of the world, the coder is well paid in comparison to other careers. The monthly salary of someone into coding in Nigeria software ranges from 144,000 Naira to 498,000 Naira.
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