Brief

Which tech companies issue the biggest paychecks?

Dive Brief:

  • Netflix boasts the highest average pay among the major tech companies, at $312,000, reports Business Insider, using data from job site Paysa.

  • Netflix was followed by Lyft ($300,000), Dropbox ($299,000), Uber ($279,000) and Facebook ($275,000), to round out the top five. The numbers listed are total compensation, and are calculated including base pay, bonus, equity and signing bonus where appropriate.

  • Paysa analyzed over 35 million salary data points for over 100,000 companies to determine the companies that pay the most for people in tech jobs.

Dive Insight:

OpenTable, which came in at number 10, was probably the biggest surprise on the list. The online restaurant-reservation service based in San Francisco pays an average of $251,000.

It's also worth noting that most of the companies on the top 10 list are located in the San Francisco Bay Area, which boasts one of the highest costs of living in the country, so tech companies may be forced to pay more because of that. In fact, San Francisco saw the biggest year-over-year salary increase for tech workers, with a gain of 3.28%, according to Hired's global look at tech salaries, which was released last week and included salary information from 16 of the world's biggest tech markets this year.

Tech workers looking to make good money and enjoy a lower cost of living may want to shoot for a job at Microsoft in the Seattle area. Microsoft came in at No. 8 on the list with average pay of 269,000.  A report released in August from Indeed found Seattle is also the best city for software engineers, data analysts and quality analysts to earn a living.

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Filed Under: Leadership & Careers
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