Are you an engineer seeking a position at a major tech firm? You should be aware that among their rivals, Google and Meta are the largest payers, not Microsoft or Apple.Google and Meta (formerly known as Facebook), in comparison to other large internet companies, pay their software engineers more, according to a recent survey by Blind, an anonymous community for tech workers. Conversely, Apple and Microsoft typically pay their entry-level engineers less than other companies. The pay disparities across these Big Tech organizations become more comparable as engineers advance in their careers, though.
The Verge originally released the report.Â
The analysis throws light on a side of internet businesses that are typically kept secret and is based on compensation data submitted by Blind users from January of the previous year to the current month. Except when people apply for specific roles, public corporations are generally not required to reveal detailed pay statistics for different job levels, even if they must disclose the average annual remuneration for their whole staff. Despite being anonymous, Blind's platform asks users to confirm their workplace by entering their business email address.
Interesting findings from the study included the fact that Meta's engineers rose through the ranks very fast and earned some of the top salaries in the tech industry. Microsoft, on the other hand, provides software developers with a variety of employment levels, potentially allowing them more options in terms of promotions.
The Levels. fyi midyear compensation report is another excellent source for individuals looking for more details. This research offers details on how private tech companies pay their employees at various levels of seniority. It mentions, as an illustration, that an L5 engineer at OpenAI may make more than $900,000 a year.
Overall, this analysis highlights the disparities in compensation policies across the largest IT firms, showing that Google and Meta are among the best employers of software engineers while Apple and Microsoft fall short in terms of starting salaries for entry-level engineers.