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500 Highest Paying Tech Companies (Dec 2023)

122 points| miketromba | 2 years ago |github.com

81 comments

order

danpalmer|2 years ago

This 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|2 years ago

Agreed, added a wall of disclaimers to clarify what it is and what it isn't.

altdataseller|2 years ago

Would accounting for years of experience control for job level somewhat? That's the only info that could be extracted

najork|2 years ago

The 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.

ghaff|2 years ago

And 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?

VirusNewbie|2 years ago

well, 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).

altdataseller|2 years ago

Are you suggesting that people are putting in bad data to Levels.fyi? Because the data wasn't extracted out of thin air, or made up.

drexlspivey|2 years 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

codegeek|2 years ago

Also clubhouse. Is it still alive ?

DeIlliad|2 years ago

OpenSea still being a thing is insane to me.

ldjkfkdsjnv|2 years ago

Talk about an absolute squandering of capital.

acchow|2 years ago

For a marketplace that takes a cut of transaction, why is revenue != fees?

notatoad|2 years ago

i'm assuming they pay you in NFTs, not cash?

fnbr|2 years ago

These numbers are wildly inaccurate. I spotchecked multiple places that I know the salaries and they're wrong.

altdataseller|2 years ago

How 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

zippergz|2 years ago

Agreed. 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.

jimbokun|2 years ago

Are they mostly too high, too low, or all over the place?

urda|2 years ago

Also agreed, there's a lot of inflation of reported numbers here.

roflyear|2 years ago

from my check, this doc seems to be showing the base comp (cash $$) for many positions. not all, but many.

jeffchao|2 years ago

Saw 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!

Icathian|2 years ago

Neat, 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|2 years ago

Good call, added some more details.

mupuff1234|2 years ago

Yeah, i somehow doubt clubhouse stock has any value.

hiddencost|2 years ago

Garbage in, garbage out.

altdataseller|2 years ago

Where’s the garbage in? This is allegedly self reported data by actual employees, not made up fabricated data

darth_avocado|2 years ago

Is 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|2 years ago

It seems extracted from levels, so it's about whatever people report there.

VirusNewbie|2 years ago

I 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|2 years ago

Which TGS? Total Global Sports or the TGS Energy Data Company?

francisofascii|2 years ago

A good start, now just needs a tech stack, location, and remote columns.

b8|2 years ago

This 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|2 years ago

Would 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.

claudiulodro|2 years ago

If 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?

jimbob45|2 years ago

Choosing companies by compensation is so 2019. In 2023, it's about your commitment to and track-record on remote employment.

altdataseller|2 years ago

Actually choosing companies at all is so 2019. Now it’s companies choosing you :(

frankfrank13|2 years ago

Apparently at CZI, L4 engineers reported to make less than L3 engineers. Seems like some data quality issues here

w0m|2 years ago

sounds like garbage data, but if they hire L3 and promote to L4, new hires will often make more than old-hands promoted up.

neilv|2 years ago

Recent 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|2 years ago

This is why adding equity to these comparisons is so problematic. It’s not apples to apples

atlgator|2 years ago

Can'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|2 years ago

Assuming a decent amount don't still have hiring freezes. I know one of them definitely does. At least in the US.

cobbzilla|2 years ago

Uh, Convoy is on the list.

Maybe filter out the bankrupt ones?

sbarre|2 years ago

Hertz sure seems out of place in that list.

Brystephor|2 years ago

Number 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.

darth_avocado|2 years ago

On 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|2 years ago

This 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

zuhayeer|2 years ago

Work email isn't required to sign up, you can skip it

ldjkfkdsjnv|2 years ago

levels.fyi is the real source of truth