According to a research by Janco Associates, employees who choose to work with blockchain and the most popular kinds of this technology — cryptocurrencies, can count that in 2019 the demand for them will continue to grow, as well as the average salary of such specialists will also increase.
This trend will be global, and its foundation is the dynamic development of this field on the labor market in the United States, where the common situation with record low unemployment leads to the fact that the demand for specialists is growing faster than their amount.
As a result, only in the second half of 2018, the average salaries of such employees increased by more than 4 thousand dollars. As a result, the average salary for blockchain developers for cryptocurrencies is now 132 thousand dollars per year, which is almost four times higher than the average salary for the entire labor market in the United States. At the same time, some specialists in the industry can obtain earnings of 176 thousand dollars a year.
As Victor Zhanulaitis, head of Janco Associates, said, “salaries are growing in all professional activities related to blockchain and cryptocurrencies — employers do not want to lose existing employees, so they strive to raise their remuneration.” At the end of last year, the global labor market of crypto-currency specialists increased the number of jobs three times according to the report of another company such as Burning Glass Technologies.
Analyst Joe Riviello notes that to a large extent crypto-currency jobs will be based on remote work, as they are associated with the organization of communications of people located in different places of the world.
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