Linear Regression Model of Experience Level on Salary in Tech Industry
author: Zhaotian Li, Yonghao Li, Hongtianxu Hua
date: 1 March, 2020
This report is concerned with the potential effects of personal and professional experience on the average salary received by full-time employees within tech companies in the US. We used Stack Overflow Developer Survey Results (2019) to build a linear regression model to identify the most influential factors. We found out that having a graduate degree has the highest impact on salary, along with other strong predictors . The linear regression model we build could provide insights to seasoned developers, job-seekers, and employers, regarding potential salary redistribution, job satisfaction, and work environment.