Seattle Company Helping Tech Workers Keep an Eye on Compensation as Cost of Living Skyrockets

OCTOBER 3, 2017 (SEATTLE)—Seattle has gotten more expensive in the past year. Average prices in the area, as measured by the Consumer Price Index for All Urban Consumers, increased by 2.5% over 12 months. According to Zillow, home values in the city have gone up 14.3%, and Apartment List reports a 7.9% increase in rent in the past year. While the news will not surprise anyone living in the city, it should indicate the importance of monitoring one’s market value to make sure salaries keep up.

For some skill sets, a compensation package that was competitive 18 months ago may now be considered a low-ball offer. Other packages may emphasize benefits and perks that are just not in demand.

Vaco Seattle, formerly Greythorn, has conducted annual market surveys for the past six years in order to provide up-to-date information regarding average salaries, benefits, perks, and motivation. The data is published in a free report.

Ben Weber, Managing Anchor at Vaco Seattle, explained why the research was important to his team. “Our annual market reports are designed to help candidates benchmark their current compensation, and help them evaluate their next career steps, whether that involves seeking out a new role or ensuring their current one remains a good fit,” he said. “Our clients also benefit, because they see what top talent actually desire and they can tailor their offers more appropriately.”

If you’re interested in benchmarking your salary and benefits, please consider participating. The survey is now open, and all responses are anonymous. The survey takes 10 minutes, and upon completion Vaco Seattle will donate $1 for every response to the Apache Software Foundation.

Take the survey here: http://www.surveymonkey.com/r/vstechsurvey17

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About Vaco
Vaco offers consulting, contract and direct hire solutions in the areas of accounting, finance, technology, healthcare, operations and general administration. With over 30 offices across the nation and beyond, Vaco has been on the Inc. 5000 list of the nation’s fastest-growing private companies for the last nine years. Vaco is dedicated to developing creative client solutions, long term relationships and lifelong careers. For more information, visit vaco.com/seattle.

Vaco Seattle
40 Lake Bellevue Drive, Suite 200
Bellevue, WA 98005

This release was published on openPR.