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FishingBooker salary survey 2024 Highlights gender imbalance and wage transparency challenges in IT sector

The results of the 2024 FishingBooker salary survey have been released, offering insights into salaries across five sectors of Serbia’s IT industry. The survey revealed some noteworthy trends, including that 10% of respondents were unemployed last year, and around 40% of workers experienced frozen or reduced raises. One of the most striking findings is that, for the second consecutive year, the survey was predominantly attended by men, reflecting the continued gender imbalance in the IT sector in Serbia.

We spoke with Dino Delic, the COO of FishingBooker, about the survey and its implications.

“At the end of 2023, we were inspired by Strahinja Todorović, who conducted a survey on designer salaries to help a friend assess her value in the job market. This idea resonated with us because transparency is at the core of FishingBooker’s culture,” Delic explained. “For years, we’ve shared salary levels openly, both internally and in job postings, so extending this practice by sharing data with the community was a natural next step. We’ve also faced dissatisfaction with the inconsistent quality of salary research reports that we’ve bought over the years, which motivated us even further to provide the Serbian IT community with accurate, transparent data to help them make informed decisions.”

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Wage transparency has become an important issue in modern society, but it varies in significance depending on the business and its workforce.

“For us at FishingBooker, wage transparency is crucial,” Delic said. “It helps employees and job candidates clearly understand the opportunities available to them and eliminates potential misunderstandings. People value certainty and security, and while we can’t always predict the exact pace of career progression or seniority assessments, sharing salary information fosters trust.”

However, there are some challenges to consider with transparency.

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“Sometimes, employees compare themselves to their peers, even when salary differences are justified by different positions, seniority levels, or productivity,” Delic explained. “This can cause dissatisfaction and complicate implementation. Additionally, not all employees are comfortable with their salary information being public, which is another factor to consider. Companies with tight budgets and slim margins can also face risks if competitors use this data to attract employees away.”

In summary, salary transparency can be highly beneficial but requires careful planning and adjustment to the specific needs of each business.

“Salary transparency is still not common practice in Serbian companies, especially outside the IT sector,” Delic noted. “In IT, there are a handful of companies that promote transparency both internally and externally, while a slightly larger number share it internally. However, it remains the approach of only a small number of companies – probably just a few dozen.”

Regarding the 2024 survey, FishingBooker received responses from over 3,800 participants, up significantly from 2,700 in the previous year.

“We focused on areas like software engineering, quality control, data management, product and project management, human resources, sales, support, legal, finance, and marketing,” Delic said. “Although we expanded the scope, the sample size for sectors like sales, support, legal, finance, and marketing was too small to draw meaningful conclusions due to the variety of positions. We saw the largest increase in participation in quality control and data management, where the number of respondents grew by 70%. On the other hand, the human resources sector showed stagnation, likely due to the crisis affecting HR professionals, which resulted in fewer respondents.”

The gender disparity in the survey is also evident, as 82% of the participants were men, signaling that the Serbian IT industry remains predominantly male.

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