Tech salaries in 2026 – are they still rising, or has the market levelled off?

Tech salaries in 2026 – are they still rising, or has the market levelled off?

The tech job market is in an interesting place right now. After a period of rapid expansion, things have stabilised – but that doesn’t mean the opportunity has gone anywhere. For businesses looking to hire and for tech professionals thinking about their next move, understanding where salaries sit right now is one of the most useful things you can do.

What the data is showing

According to Reed’s 2026 Technology Salary Guide – built on data from over 18 million job postings – the market is recalibrating rather than declining. It’s a moment of reflection, not retreat. Businesses that use this period to get their salary benchmarking right will be in a much stronger position when hiring activity picks up again.

One finding that stands out – around 20% of tech professionals are currently unhappy with their salary. For hiring managers, that’s actually a real opportunity. A meaningful proportion of the market is open to a conversation right now, and companies with competitive, well-benchmarked salaries are well placed to attract them.

What this means if you’re hiring

The good news is that the market is more stable than it has been in recent years. Candidates are thoughtful rather than reactive, which means the right offer – pitched at the right level – lands better than it would have during the hiring frenzy of 2022-23.

Benchmarking your roles against current market data is the single most effective thing you can do right now. It doesn’t have to mean paying more than you can afford – it means paying smartly and being able to articulate your offer clearly. Candidates are doing their research, and a well-positioned salary alongside a strong culture and flexibility will consistently outperform a higher number with nothing else behind it.

What this means if you’re job hunting

If you’ve been feeling like your salary hasn’t kept pace with the market – or with the cost of living – you’re not alone. Reed’s data shows that’s a common experience across the sector right now. The positive side of that is the market is active and there are opportunities out there for people who are ready to move.

The key is going into any conversation well prepared. Know what the market looks like for your role, your experience level and your region. Come with a clear number and be ready to back it up. Employers respect candidates who have done their homework, and in a more measured market, that preparation can make a real difference.

At ARC IT, we work with tech businesses and candidates every day and we see both sides of this conversation. Whether you’re a hiring manager wanting to make sure your offer is competitive, or a tech professional wondering if now is the right time to make a move – we’re here to help you figure it out.