It's hard to imagine 2024 being a worse year for tech than 2023, so as of now I am favoring NO. SWE salaries I'm guessing will decrease when adjusted for inflation, but I wouldn't be surprised to see a slight increase nominally.

@mint What happened in 2023?

@MilfordHammerschmidt layoffs and hiring freezes increased supply for the few jobs that were open, allowing employers to keep wages stable / decrease them. Additionally, many existing jobs especially at big tech with established pay bands did not give yearly increases to the pay bands for new employees.