The other big set of labor data to talk about – is salary. On Friday, I spoke about the IT Pro Salary survey data, and today let’s look at new data from comperehensive.io. They’re a new website that compiles salaries at 700 top tech companies, including industry giants like Amazon and Google. This is leveraging the new transparency laws around pay that kicked in for the new year, particularly in New York and California.
Here are some examples.
Senior Software Engineer: $147,000 – $210,000 (based on 405 job posts at 80 companies)
Software Engineer: $132,000 – $200,000 (based on 285 job posts at 53 companies)
Account Executive: $111,000 – $150,000 (based on 59 job posts at 23 companies)
Security Engineer: $150,000 – $180,000 (based on 17 job posts at 11 companies)
These salary listings do not include any bonuses or equity grants.
In the U.S., there are now 13 cities and states that require employers to share salary information, covering about 1 in 4 workers, according to Payscale, a software firm focusing on salary comparison.
It’s important to note that the data includes wide ranges as well.
Why do we care?
The practice and culture of keeping salaries private benefits employers over employees. That culture will be shifting. Proactive managers and owners will be getting ahead of this, and learning new habits is currently an opportunity. That window will close as information availability becomes the norm. As a boss, get a lot more comfortable talking about money.