In our previous article we discussed why learning to code at one of our coding bootcamps in Denver can get you a solid middle-class job. As in “upper” middle class. If you have any interest in code and working with computers, you’re pretty lucky...you’re living at a point in history where you skills are in very high demand! A hundred years ago you would have had to find something else, and a hundred years from now code itself might be writing all the code.
But the question remains: why do coding jobs pay so well? After all, you might be so happy that your interests allow you to live a good life that you might not have stopped to think about why they pay so well. Well, let’s take a look at some of the reasons that you’ll be in demand after attending our coding classes.
A Lack of Qualified Coders
Yes, many coding jobs go overseas. But for some jobs, that’s simply an impossibility. Because of time constraints, some coding has to be done in the same room as other coders so that they can bounce code and ideas off each other. Other jobs don’t go overseas because of a language barriers that, once again, could slow things down. Finally, most jobs involved with government work — whether it’s working directly for the government or working on government projects — require thorough background checks that often exclude those who aren’t American citizens.
A General Lack of Coders
Like we talked about in our last blog, there are a lack of coders out there. Technology is taking over our lives faster than ever, and that means that more and more people are needed to do both high- and low-level coding jobs. (A coding bootcamps like our Python classes will get you ready for a junior-level coder position.) So because there are computers in smoke detectors and wireless-entry systems and endless other gadgets, someone has be there to create that code. And companies will grab the best coders they can to make their product happen. Which leads us to...
Competition Among Businesses
So, if there’s an overall shortage of coders, and if some of those coders aren’t qualified, what does that mean when a business needs coders? That means there’s a supply and demand problems, and one business needs to get coders from another business, or keep their eye on the best coming out of coding schools. And when there’s less supply than demand, prices go up.
When that happens, more people enter the field, which usually brings the price of a coder down. But technology simply isn’t slowing down, which means the demand for coders isn’t either. When a robot vacuum needs a Python update and thousands of other products need new code, the demand is still outstripping the supply. (Robot Python Vacuum...yeah, we’d watch that show.)
Speed of Python
Let’s talk about learning to code in Python for a second. It’s always in the top 10 when it comes to coding jobs in demand. One of the reasons it’s in such demand is that it allows for faster coding than in other languages. When businesses are trying to decide which coding language to use, they’re first going to decide which is best for the task at hand. And if things are pretty much equal, they’re going to pick Python because it uses a lot less code than other languages. It’s simply very efficient, which means that a person can code in it, and find errors, faster. Those who learn to code in Python are so in such demand because time to market is so incredibly important for products and apps.
Information Is Expensive
One reason that businesses pay so much for coders is that the information they’re protecting is so important. First of all, protecting information is a huge part of a business’ reputation; if a business is hacked, people might never do business with it again. Lost information, whether it’s financial or medical, can also lead to huge lawsuits and companies shutting down. There are also government regulations in place that require businesses to show that they have kept up with security compliance in order to keep information safe; failure to do so can lead to stiff fines. With so much on the line, it makes sense that a company would pay whatever it takes in order to keep its information safe.
The digital revolution has changed the world in many ways, but one of the most drastic ways things have changed is the ability to sell the same thing again and again. That’s software. Create something once and millions of people might pay for it, and the only cost is bandwidth. Paying a few people $100,000 each is nothing compared to the benefits that could be reaped by the billions at stake. Of course, it gets even easier to throw money at coders once you start scaling, because...
When a company goes from a $1,000,000 company to a $50,000,000 company, they’re going to want to stay on top. That means hiring the best, and a few $150,000 coding positions are nothing compared to what can be gained. Basically, it’s easy to increase salaries when you want the best, especially when having the best means you company continues to grow.
They’re Paying For Hard Work
Learning to code is easy for some people, but that doesn’t mean the job is always going to be easy. Those who make it in coding and move up into the top positions are working long days and into the night, thinking about very little but the coding task at hand. It’s good pay, but you have to earn it!
So, are you ready to learn to code? Are you ready to join the ranks of those starting at around $75,000 a year, all for a little investing in a coding bootcamp like the one we have starting up February 21? Then let’s get coding!