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500 Highest Paying Tech Companies (Dec 2023)
- claudiulodro 3y agoIf the numbers are wildly inaccurate as everyone seems to be saying, what are the actual highest-paying tech companies? The usual FAANG and quant-type companies everyone knows?
- altdataseller 3y agoRoblox has to be among the top 5
- deleted 3y ago[deleted]
- darth_avocado 3y agoIs this new offers only? Because it matters a lot. I know people who joined Facebook an year ago when the stock was at rock bottom and are now making 800k+ as a Senior, mostly due to stock appreciation. (And thus reporting as such on levels.fyi)
- Matthias247 3y agoIt seems extracted from levels, so it's about whatever people report there.
- mupuff1234 3y agoYeah, i somehow doubt clubhouse stock has any value.
- peacebreaker2k 3y agois clubhouse still a company ?
- sbarre 3y agoHertz sure seems out of place in that list.
- hiddencost 3y agoGarbage in, garbage out.
- altdataseller 3y agoWhere’s the garbage in? This is allegedly self reported data by actual employees, not made up fabricated data
- code_runner 3y agoI think the fact that the best we can do is allege that the data is user reported, and further assume that users report this data accurately tells you everything you need to know.
- leetcrew 3y agolevels.fyi is pretty good for what it is, but it's obvious a lot of users don't really understand their comp structure (or at least how it maps onto the form). just for example, there are a lot of amazon L4 sde records that have cash bonus + rsu amounts that take them way out of band for that level. they probably don't know how to represent the weird vesting schedule.
- Icathian 3y agoNeat, thanks for sharing. 1. Posting some methodology in the README might be good, such as any filtering you did or didn't do. 2. You do have some obvious duplicates on there, e.g. `cit` and `citadel`, `jane` and `jane-street`. It's probably not worth the effort to manually clean that up, but I figured I'd mention.
- miketromba 3y agoGood call, added some more details.
- darth_avocado 3y agoOn the topic of levels.fyi, the enshitification of the product has begun. It won't let you access things unless you provide your work email? Yeah right, like I am going to do that. A bunch of other mandatory questions in the sign up process also irk me a lot.
- LWIRVoltage 3y agoThis is a issue, as if you need a work email and your workplace actively monitors email and sees a confirmation message of some sort from levels, they could assume you are hunting for a new job and act on it. This seems to defeat the purpose of levels
- saagarjha 3y agoPerhaps the right strategy is to start signing up for these the day you join.
- darth_avocado 3y agoHow about no sign ups using work email… at all…
- networkchad 3y ago[dead]
- zuhayeer 3y agoWork email isn't required to sign up, you can skip it
- drexlspivey 3y ago“ In March 2022, OpenSea saw revenues of $61.33 million; in March 2023, it had revenues of $172.33k. The drop represented a whopping 99.72% fall. The platform's fees have also fallen from $193.94 million in March 2022 to $1.41 million in March 2023.” That’s OpenSea, no 11 on the list making $1.4m of monthly revenue and paying SWEs 430k salary
- ldjkfkdsjnv 3y agoTalk about an absolute squandering of capital.
- Schnitz 3y agoThis is total comp so probably an inflated value given that opensea equity is most likely worth zero?
- altdataseller 3y agoThis is why total comp is so flawed, especially if it's a private company. Equity can be a $0. Should have options to see only salaries
- welder 3y agoEquity can even be negative, when considering tax.
- brandall10 3y agoDotcom era was a great time of putting engineers on a multi-year payment plan with the IRS... had a friend end up owing $200k after losing what at the peak was $5M in paper wealth.
- codegeek 3y agoAlso clubhouse. Is it still alive ?
- najork 3y agoThe data seems wildly inaccurate. The total comp for some of the private companies seems way too high, not to mention how the equity is extremely illiquid. The total comp for nvidia seems way low given how their recent performance.
- VirusNewbie 3y agowell, some private companies have liquidation events regularly, like Stripe or SpaceX. I'd consider that only slightly more risky than a public company. I assume the same for Databricks, but i'm not sure? I think nvidia has some title inflation. I have a friend who work there as 'distinguished engineer', and it's more likely they would be L6 or L7 at FAANG. I'm guessing overall Nvidia's comp is very similar to most FAANGs in terms of skill and YOE but not title (maybe excepting entry level, since it goes lower and is more fine grained).
- ghaff 3y agoAnd there are a ton of large "boring" tech companies that are not on the list at all. I don't expect that they're anywhere close to leading the pack in comp, but not in the top 500?
- compiler-guy 3y agoOr they have a ton of junior engineers which brings down the median.
- ghaff 3y agoMaybe. But 500 is a large number of companies. And those same companies have a fair number of employees who have been there for a decade or more. I'm not sure I believe that large profitable public companies aren't in the top 500 companies in tech in compensation overall.
- VirusNewbie 3y agoWhat do you mean? I see dell, disney, EA, oracle, walmart, all on that list. Like what companies are you thinking of?
- jeffchao 3y agoSaw the description on the README which shows median, fair, but there's a lot of nuance such as whether or not it's a new offer, location, and level. As a consumer of this info I'd usually try to understand comp against those extra dimensions. That said, great simple table though!
- danpalmer 3y agoThis data is really not that useful, or doesn't reflect what the simple title suggests it does. There doesn't appear to be any attempt to control for job level, and it's not even clear how one would control for such a thing. Public company stock and private company stock appear to be valued the same which may be true on the surface, but is a wild misrepresentation of reality (in many ways). Different companies need different distributions of skills, so would have different median salaries even though they might be paying the same amount for the same job. This doesn't account for geographical distribution, those centered in the bay area are likely going to be higher up this list despite others potentially paying much better in their regions.
- miketromba 3y agoAgreed, added a wall of disclaimers to clarify what it is and what it isn't.
- altdataseller 3y agoWould it not be possible to look at one single level across all company? ie IC4 or something?
- danpalmer 3y agoThe definitions of levels vary wildly and there just isn't a good way to compare them. People can be justifiably one level at one company, while being quite a different level at another company.
- leetcrew 3y agonot all companies have the same highly structured leveling system as amazon/google/facebook. look at the comp by level at jane street (https://www.levels.fyi/companies/jane-street/salaries/software-engineer https://www.levels.fyi/companies/jane-street/salaries/softwa...), it obviously doesn't make sense.
- altdataseller 3y agoWould accounting for years of experience control for job level somewhat? That's the only info that could be extracted
- ldjkfkdsjnv 3y agolevels.fyi is the real source of truth
- VirusNewbie 3y agoI don't work at TGS, but I have a feeling they're much higher on average than this shows. I've seen their recruiting emails, they are happy to hint at being able to 3x whatever someone's current comp is.
- runamuck 3y agoWhich TGS? Total Global Sports or the TGS Energy Data Company?
- bluedevilzn 3y agoIt’s a secretive quant fund in California. https://en.m.wikipedia.org/wiki/TGS_Management https://en.m.wikipedia.org/wiki/TGS_Management
- francisofascii 3y agoA good start, now just needs a tech stack, location, and remote columns.
- deleted 3y ago[deleted]
- fnbr 3y agoThese numbers are wildly inaccurate. I spotchecked multiple places that I know the salaries and they're wrong.
- zippergz 3y agoAgreed. I've worked at more than one company on this list, in positions with visibility into multiple peoples' total comp, and none of those are shown accurately here.
- roflyear 3y agofrom my check, this doc seems to be showing the base comp (cash $$) for many positions. not all, but many.
- urda 3y agoAlso agreed, there's a lot of inflation of reported numbers here.
- fnbr 3y agoI see the opposite fwiw. Numbers significantly lower
- altdataseller 3y agoHow would you know they're inaccurate, unless you work in HR and know everyone's salaries? Just because the median is lower or higher than you or your immediate peers doesn't mean it's inaccurate, because you might have a bias
- jimbokun 3y agoAre they mostly too high, too low, or all over the place?
- Brystephor 3y agoNumber 8 on the list is "Radix". When you look into levels.fyi, it shows the salary as $25k. There's definitely some publicly traded tech companies that are missing from the list.
- atlgator 3y agoCan't speak to the accuracy of the salaries, but it's a handy list of "higher paying" tech companies for those applying right now. Nice to have it all in one place.
- spike021 3y agoAssuming a decent amount don't still have hiring freezes. I know one of them definitely does. At least in the US.
- frankfrank13 3y agoApparently at CZI, L4 engineers reported to make less than L3 engineers. Seems like some data quality issues here
- w0m 3y agosounds like garbage data, but if they hire L3 and promote to L4, new hires will often make more than old-hands promoted up.
- jimbob45 3y agoChoosing companies by compensation is so 2019. In 2023, it's about your commitment to and track-record on remote employment.
- altdataseller 3y agoActually choosing companies at all is so 2019. Now it’s companies choosing you :(
- neilv 3y agoRecent OpenAI datapoints on Levels.fyi show something like $300K salary and $600K "stock", for hires just in the last few months... Is that RSUs at some current valuation? ISOs with strike price at current(!) but assuming stratospheric growth continues over vesting period? Something else? Is the stock value what the landslide support for the CEO-in-exile was about?
- altdataseller 3y agoThis is why adding equity to these comparisons is so problematic. It’s not apples to apples
- neilv 3y agoIn this particular case, maybe also why it's problematic to align staff too much with the for-profit rather than the non-profit. If the for-profit didn't already have too much power over the non-profit initially, it does when the entire staff has been given multiples-of-salary reasons to back the for-profit. How that staff misalignment with the non-profit appears to have been leveraged is exquisite, in how well it was pulled off in the end (especially with the drama). But seems to also be a concern for anyone wanting to structure a non-profit in which there's a fund-raising for-profit sideline, when the stakes are large.
- b8 3y agoThis list in inaccurate. Renaissance Technologies isn't even listed, and they offer very high TC. TGS Management offers way more than $500k for SWEs, I know one SWE makes $700k there.
- blackmesaind 3y agoWould it be included in TC that your company managed Roth IRA grows by 66% each year? If so, it would be easily the highest on the list.
- isuckatcoding 3y agoWoah what company is that
- saagarjha 3y agoRenaissance
- cobbzilla 3y agoUh, Convoy is on the list. Maybe filter out the bankrupt ones?