Google and Meta are leading the pack when it comes to offering higher pay to software engineers in comparison to their counterparts in the Big Tech industry. This information is based on data gathered from Blind, an anonymous platform where tech employees can discuss their workplace experiences.
In contrast, Apple and Microsoft tend to offer lower compensation to entry-level engineers on average, although the salary differences tend to diminish for senior talent within the Big Tech companies. Amazon, on the other hand, has a longer promotion trajectory compared to its peers and offers a wider range of pay scales for engineers.
The data has been compiled from self-reported salary packages shared by Blind users from January of the previous year to the present month. While public companies are mandated to disclose the average annual compensation of their employees relative to CEO salaries, specific compensation data at various job levels is typically confidential unless one is applying for a particular role. Blind operates as an anonymous platform but requires users to verify their workplace using their official work email.
The findings published by Blind also include noteworthy observations:
– Engineers at Meta seem to progress through job levels quickly and enjoy some of the highest salaries.
– Microsoft boasts numerous job levels for software engineers, potentially allowing for more promotion opportunities. However, their overall compensation tends to be lower than peers’ compensation until reaching the staff software engineer level.
For those seeking more insights, the midyear compensation report from Levels is another valuable resource. This report delves into the compensation offered by private tech companies at different seniority levels. For instance, an L5 engineer at OpenAI can earn upwards of $900,000 annually!