Tue 29 August 2023:
Software engineers at Google and Meta (previously Facebook) typically receive higher salaries than those at Big Tech, a new study has shown.
Apple and Microsoft pay the least on average for entry-level engineers, but for senior engineers, wages becomes more comparable across the sector, according to recent statistics from the anonymous tech employee site Blind.
The Verge was the first to notice this new study.
“Google has one of the most balanced or consistent pay bands among Big Tech companies. This means it’s rare for someone at a lower job level to get paid more than someone at a higher level,” the study said.
“Meta engineers appear to level up the fastest and have some of the highest pay,” it added.
The data is based on compensation packages self-reported by Blind users from January of last year to this month.
Moreover, the study showed that Amazon’s promotions can take longer than its peers, and its pay ranges for engineers are the widest.
“Microsoft has many job levels for software engineers, which might give the company more flexibility to hand out more promotions. However, their total compensation is lower than their peers across the board up until staff software engineer,” the study stated.
A Google software worker in his 20s has claimed that he works only one hour per day and makes $150,000 each year.
Devon explained that he starts his week by writing code for “a decent part” of any given task before sending it off to his manager.
He thought he wouldn’t have to work very hard if he got the job because he had interned at Google.
SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES
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