About ten years ago after the financial crisisin the United States, a law was passed requiring publicly traded companies to report the average salary of their employees and compare it with the salary of the general director. The goal was to highlight the disparity in incomes and the corporate environment, to curb the oversized executive compensation packages that, according to Congress, contributed to the crisis.
Requirement effective for mostcompanies last year. And now, when technology companies begin to report on their average wages, the numbers allow us to estimate the remuneration of the highest paid employees in the country. It is not a secret to anyone that the most expensive companies in the world will have good salaries, and it is no secret that most of these companies are in the USA
How much do they pay in Google, Amazon and Facebook
From interesting: The average salary at the parent company, Google Alphabet, increased by 25% last year to $ 246,804 (pa) —the biggest increase and highest wage among the dozen technology companies that Wired chose. An Alphabet spokesperson said that significant growth reflects a shift in the distribution of stocks and options. In 2017, employees in fact received only half of their normal remuneration. When last year the company resumed its “full remuneration”, staff salaries increased accordingly.
Facebook, on the other hand, has experienced manycrises last year and reportedly struggling to recruit new employees. You might think that this would encourage managers to raise salaries — to attract and retain employees. But Facebook reported that the average remuneration fell by almost 5% last year, to $ 228,651, the biggest drop in wages on the Wired list. A company spokesman said that "there were no particular reasons for the decline."
Valerie Frederickson, an experienced consultant inSilicon Valley for human resources, said it was not surprised. “Candidates still want to work on Facebook and go to pay cuts to work there. I see that people are ready to reduce salaries and demotions, just to work in the company. ”
In general, statements indicate that largetechnology companies pay exceptionally well. Twitter, Square, Workday software maker and Nvidia graphics chip maker reported that the average salary of employees in 2018 exceeded $ 150,000. Government data show that the average salary of a software engineer in the San Francisco Bay area last year was about $ 140,000, which is much higher than the national average of $ 104,000.
"This is a competitive environment," says Frederickson. “The leaders understand that they will have to pay for the game. They have to pay in long dollars to get the people they need. ”
Differences in pay among technologicalcompanies reflect different businesses and different ways of managing companies. For example, the average salary of Google employees is higher because it does not include many temporary and contract workers who work with 99,000 employees of the company. Last year, Bloomberg reported that more than half of the people working for Google are not employees of the company.
Similarly, a relatively low averageAmazon’s salary of $ 28,836 reflects the fact that most of its employees do not write software, but manage inventory and execute orders at warehouses. American employees of Amazon last year earned an average of $ 35,096; November 1, the company raised the minimum wage in the United States to $ 15 per hour.
The same applies to Tesla, thirdemployees of which work at the assembly enterprises of the company. The manufacturer of electric cars reported that last year the average salary was $ 56,163, which is 2.5% more than in 2017.
For a company that works quite a lotprogrammers, the average salary at IBM will be low: 55,088 dollars. But this figure reflects the fact that IBM has a large part of the workforce outside the United States. In 2017 it became known that the company has more employees in India than in the USA.
Microsoft consisting mainly of developersThe software last fall reported that the average salary for the fiscal year that ended June 30, 2018 was $ 167,689. For comparison, Apple, which has many employees working in its retail stores, reported an average salary of only 55,426 dollars.
The ratio of wages between employees andexecutive directors are not so significant for technology companies, many of which are founders or long-time employees who receive a minimum wage. Because the annual salary of Alphabet CEO Larry Page and Facebook CEO Mark Zuckerberg is one dollar.
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