The tech industry has seen different rounds of dismissals. Companies that laid off employees include Google, Facebook Parent Meta and Microsoft. But ever wondered how much these companies pay their employees? According to a report, Google and Meta pay their engineers better than other big tech companies.
Engineers earn more at Google and Meta than those who work at Apple, Amazon or Microsoft, according to new data from Blind, an anonymous forum of technology employees. Apple and Microsoft pay the least for entry-level engineers on average, however, when it comes to senior levels, the compensation is more comparable in Big Tech.
These figures by Blind are based on self-reported compensation packages by consumers from January to August 2023 last year. Blind people need to verify using their work email that they
Where do they work?
Blind data shows that promotions at Amazon may take longer and the company also has wider pay bands for engineers, which means overall compensation can vary greatly. Apple’s overall remuneration may be less competitive than its peers, but their employment levels and pay bands are consistent and fair, the report said.
Google is claimed to be one of the most balanced or consistent pay bands among Big Tech companies. This means that it is rare for someone at a lower job level to get a higher salary than someone at a higher level.
Engineers in Meta grow the fastest and earn the highest salary. Microsoft has many job levels for software engineers, which can give the company more flexibility to promote more. However, their overall remuneration to the staff software engineer is lower than that of their peers across the board.