What Big Tech companies are paying, based on new public salary data
It just got a whole lot easier to see how much some of the world’s biggest tech companies are paying, thanks to the introduction of new pay transparency laws across the country.
As of Jan. 1, California and Washington joined New York City and Colorado in legally requiring employers to post salary ranges in their job ads.
California’s wage range law is particularly notable: it’s home to 19 million workers and more than 20% of Fortune 500 companies, especially tech giants like Apple, Google and Meta.
In addition to a variety of jobs, workers in these areas or anyone curious can find aggregated data on tech companies and jobs on Comprehensive.io, a new website from Roger Lee, creator of the Layoffs.fyi tracker. The data is based on job postings from over 700 top tech companies and startups, accounting for more than 53,000 active listings.
Here’s what some of the biggest and buzziest tech companies are paying for current job openings in California, Washington, New York City and remote roles, based on Comprehensive.io data:
Amazon: Director of Engineering, $220,000 to $298,000 Apple: Manager of iOS Engineering, $229,000 to $378,000 Google: VP of Engineering, $550,000 Microsoft: Director of Content Design, $259,000 to $277,000 Director of total: $277,000, Associate $1,000. $314,000 Twitter: Payroll and equity, $162,000 to $226,000
And by job title, here’s the average salary for some common tech roles:
Software Engineer: $132,000 to $200,000 Product Manager: $130,000 to $197,000 Computing Executive: $111,000 to $147,000 Product Developer: $123,000 to $188,000 Data Scientist: $154,000 to $212,000 Business Partner: 90,000 to 2,000 Hrs to $139,000 Manager: $71,000 to $76,000: $71,000 to $212,000.
It’s worth noting that some salary ranges only cover base salary, while others include total compensation, such as bonuses or equity, which are big draws for tech jobs and can ultimately increase an employee’s total compensation package by six figures. , if not a million dollars. .
For example, Netflix says their publicly listed range is based on total compensation (ie base salary plus all bonuses), and a job posting for a senior software engineer says that “the general market range for this role is typically 90,000 – $900,000.”
Similar to public criticism of New York City’s spread, some extremely wide ranges are questioning whether employers are posting wage ranges in good faith and in the spirit of the law’s intent, which is to be transparent and help close gaps. of wages.
For example, a Tesla job posting for a program manager states that expected compensation is “$54,400 – $266,400/annual salary + cash and stock awards + benefits.”
Netflix and Tesla did not respond to CNBC Make It’s request for comment.
Some popular companies didn’t immediately update their job ads to include salary ranges, including Amazon, Adobe and Stripe — as of early Jan. 6, each employer had some job postings that didn’t include salary information.
When asked for comment, an Amazon representative says the company is “committed to paying back its equity and will comply with the new laws”; Adobe updated all US listings to include payment by Friday afternoon; and Stripe says it will update all US listings to include payment by next week.
As of this week, Comprehensive.io says 39% of tech companies are in compliance with California’s new wage range law. In New York City, which introduced its legislation on November 1, 63% of tech companies are in compliance.
Watch:
What the job market could look like in 2023, based on a surprisingly strong end to 2022
It turns out that companies are reducing their public salary ranges, so you still have to negotiate
After a canceled job offer and dead-end interviews, this 35-year-old started his own business
Sign up now: Get smarter about your money and your career with our weekly newsletter
