California Pay Transparency Reveals Big Tech Salaries
#California #Pay #Transparency #Reveals #Big #Tech #Salaries Welcome to Alaska Green Light Blog, here is the new story we have for you today:
Gizmodo looked at the salaries of a few open positions at Apple, Meta, and Tesla in California. Image: Apple Campus in Cupertino, Justin Sullivan (Getty Images), Facebook Headquarters in Menlo Park, Justin Sullivan (Getty Images), Tesla Factory in Fremont, Justin Sullivan (Getty Images)
California’s Salary Transparency Act officially went into effect on January 1, forcing companies to disclose the wages they pay their workers. This solves the mystery behind the money flowing through some of Silicon Valley’s biggest companies.
Last September, California Gov. Gavin Newsom officially signed it Senate Act 1162 Law that requires California companies with more than 15 employees to list the salary of a position in their job posting. Likewise, current employees can request the salary table of their position at the company.
New York City enacted a similar pay transparency law earlier this year, with only minor issues, and New York State also signed into law a national pay transparency law. Senate Bill 1162 was specifically designed to address the gender pay gap, Gov. Newsom quoted as saying, but an unintended side effect of the state’s Transparency Act is that it now sheds light on how much some of the world’s largest tech companies are paying their workers.
Gizmodo looked at three random job listings each from Meta, Apple, and Tesla to find out how much those companies pay for different roles. While job posting sites like Indeed offer salary estimates, these salary ranges are likely to be more accurate as they come straight from the horse’s mouth.
Jobs in California at Meta Counting:
Software Engineer (Lead) – Product at Meta requires 12+ years of programming experience and 8+ years of web or mobile technology experience: $205,000-$281,000 per year;Data Scientist, Machine Learning at Facebook requires at least a bachelor’s degree in mathematics, statistics, a related technical field, or equivalent practical experience and at least 8 years of experience (minimum 6 years with a PhD): $197,000 to $269,000 per year;Research Scientist Intern, Computer Vision and Machine Learning for Messenger requires that the applicant have either a Ph.D. and Meta says internships last anywhere from 12 to 24 weeks: $7,313 to $10,250 per month.
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Jobs in California at Apple Counting:
Shipping, goods receipt and postal line requires 5+ years of experience in a fast-paced shipping, receiving, and mailing team or similar environment: $29.04-$43.59 per hour ($60,403.20-$90,667.20 per year based on a 40-hour week for 52 weeks);Show technologist “generally requires” a Ph.D. or a master’s degree with more than 5 years of relevant field experience: $113,500 and $207,000 per year;WiFi Quality Engineer is an entry-level position that requires a minimum of two years of experience with 802.11 protocols and/or Bluetooth and software quality assurance methodologies and practices and requires only a bachelor’s degree: $113,500 and $171,000 per year.
Jobs in California at Tesla Counting:
Solar maintenance, senior roofer requires general hardware, wiring, and customer service skills and a valid driver’s license: $14.63-$52.62 per hour ($30,430.40-$109,449.60 per year based on a 40-hour week for 52 weeks);car painter requires at least 5 years of automotive refinishing experience and you must be 18 years or older: $18.24 to $82.08 per hour ($37,939.20 to $170,726.40 based on a 40-hour week for 52 weeks );Associate Quality Engineer requires a bachelor’s degree in engineering or a related technical field and willingness to travel: $57,600 to $309,600 per year.
The pay ranges on some positions are comically massive, which probably doesn’t bode well for the prospective employee when offered a job at the lower end. But it gives both the company and the job seeker room for negotiation. Each of these companies had hundreds of job openings in California alone, and Gizmodo looked at a few more from each company. On the surface, Meta appeared to offer fewer entry-level positions than Apple and Tesla. Tesla, on the other hand, appears to be more focused on positions that pay hourly rather than annually. And while Tesla has positioned itself as a tech company, it has last pushback among investors who describe it as an automaker rather than a tech company.