When I look at research around developer salaries, they seem to stagnate when they hit a certain level. What are the reasons for developer salary stagnation?

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Software development is one of the best jobs in the world, according to numerous surveys. With the explosion of code schools, online coding courses, and computer science majors, new developers are entering the market every day. The more supply you have, the lower the price for software developers. The software development industry has a bad habit of basing seniority primarily on a developer's experience.

Why Software Developer Salaries Stagnate

2. Limited Career Progression Beyond "Senior Developer."

4. A Lack of Merit-Based Performance Bonuses