“We’re seeing banks and health systems willing to pay 20% above market rates for full‑stack engineers,” said John Doe, senior partner at Robert Half Technology, on Tuesday.
A massive shift. The recruiter surveyed 1,200 hiring managers in Q3 2024 and found average software engineer offers at banks hit $190,000, while healthcare topped $200,000. Tech firms, by contrast, lingered around $150,000.
And the gap isn’t just about cash. Because banks are bundling signing bonuses up to $30,000 and guaranteed remote work, they’re stealing candidates who would have headed for Google or Microsoft.
But the data also shows a flip side—healthcare firms are demanding expertise in HIPAA‑compliant cloud stacks, a niche that many devs haven’t tackled. So recruiters are scrambling to source talent with both security clearance and Kubernetes chops.
“The talent war has moved from Silicon Valley to the boardrooms of banks and the corridors of hospitals,” Doe added.
I ran the latest report for a week and it completely changed my workflow — the numbers were that stark. In my experience coding, I’ve never seen finance outspend tech on talent so aggressively. That’s a terrible UI design for the tech talent market, but also a game‑changer for developers who can command premium pay.
For a deeper look at how AI is reshaping hiring, see AI Boosts Election Infrastructure Security. Another angle on industry growth appears in Sopra Steria Boosts 2026 Growth Target. The full CNBC story is available here.
The Bottom Line
- Bank salaries avg $190K, health $200K, tech $150K
- Signing bonuses up to $30K for finance roles
- Remote‑first policies are a major lure
- Specialized HIPAA/cloud expertise commands the highest offers
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