Why Coding Is A Lucrative Career?

Why Coding Is A Lucrative Career? – While a career in coding may be thrilling, many people who want to become programmers often wonder how lucrative a career in this field of technology is likely to be. Artificial Intelligence (AI) is starting to emerge, as we can see. Given that certain modern AI technologies can generate codes automatically, is coding a career that can sustain you for a lifetime?

Is Coding Still A Lucrative Profession?

A coder is a computer programmer or software developer, however for the purposes of this article, we’ll just refer to them as coders. Are you considering a career in coding? In order to decide whether this is the best career route for you, you must first analyze the factors related to this vocation.

It might be challenging to determine the actual pay rates for coders in Nigeria for a number of reasons. This is due to the fact that the pay scales for coders at the businesses where these individuals work vary greatly. Some people pay in dollars, while others use their home money. For instance, in comparison to other Nigerian startups, leading tech corporations like Google, Microsoft, and Apple will pay well.

The title and duties of coding jobs might vary. Software engineering, software development, Full Stack web development, front-end web development, back-end web development, and computer programming are some of the most popular coding careers out there.

Factors That Determine Salary Of Coding Jobs In Nigeria

This is a very important requirement for programmers because work experience counts as extra credit and increases your likelihood of getting recruited. A computer programmer with less than two years of experience may make about 164,000 Naira a month, but one with
greater knowledge might make more. Naturally, the pay increases with experience due to the length of time spent in the field. For instance, a programmer with two to five years of experience will probably make 218,000 Naira per month, a programmer with five to seven years of experience will probably make 323,000 Naira per month, a programmer with seven to ten years of experience will probably make 429,000 Naira per month, and a programmer with more than ten years of experience will probably make 465,000 Naira per month.

Educational Background

People who code have varying levels of education, and your chances of earning more money increase as you move up the corporate ladder. The certificate/diploma, bachelor’s degree, and master’s degree are the three levels. A person with merely a coding qualification makes, on average, 187,000 Naira per month. A coder with a bachelor’s degree makes an average monthly pay of 293,000 naira, and a coder with a master’s degree makes an average monthly salary of 491,000 naira. Higher education is usually advised if you want to have a successful career in programming because it always pays off; in addition to affecting earnings, it also adds class and titles.

Salary Scale For Coding Jobs In Nigeria

In comparison to other professions, the pay for coders is high in this region of the world. The average monthly pay for software developers in Nigeria is between 144,000 and 498,000 Naira.