It is no surprise to anyone that tech jobs pay, SIlicon Valley companies have worked their way into millions of peoples lives. People are using the tech, websites and applications by these companies on a daily basis. People open Facebook --
However, how much are these businesses paying their employees? Do jobseekers know what their skills are worth? Are you looking to work in tech in future? A list has been compiled using LinkedIn data to look at the best technology roles and develop a breakdown of Payscales from a number of top tech companies to find out which companies pay the most and where the best place to work is in the world.
Jesse Collins and undergraduate computer science student has gathered data from undergraduates and recent graduates about the job offers and paid internships in today's technology industry and developed a spreadsheet freely available on Google Sheets. His research found that Facebook offered an average annual survey of $109,526 and signing bonuses of nearly $80,000 in technical roles. Google respondents stated that on average they were offered an average of £107,000 annual salary with a signing bonus of $27,591. Both Facebook and Google offer internships to undergraduates and graduates.
Recent tech hires and interns stated what offers they got and from which companies, Collins stated that he was hoping to bring transparency to the industries job searches and salary negotiations by asking for personal information such as the candidates educational background and gender. This helped to discover if there were any issues of racial b
ias and gender wage gap concerns.
Recent results showed favourably towards female job seekers and graduate who may be getting paid more on average then their male-peers in entry level technology roles. Women state that they are getting on average between $105,000 to $142,684 per annual year. While men are employed with an average salary of between just $99,767 and £105,000. Women are also not being hired as often as men in the field as they only make up just 14% of new graduate hires, they are also harder retain in the field as it is primarily a male dominated industry which may be part of the reasoning behind the difference in salary levels.
Due to the recent trends set my top tech big dogs like Google and Facebook, an emphasis has been put on changing the working environment and working around the employees needs to create a productive and happy workplace. Quite often areas are set up as ‘fun’ break areas with pool tables and bean bags for employees to relax and enjoy. Which is something that has been encouraged due to research highlighting that happy employees are 12% more productive according to a study by the University of Warwick. The study conducted experiments on over 700 participants to measure the happiness and productivity of employees and found that the results greatly impacted the workforce of companies who want to be seen as progressive.