The report found workers at Google earn the best pay relative to the other tech companies.
Workers at Google earn the
best pay relative to other tech companies, while Facebook employees are the
most satisfied and those at IBM stay the longest, according new data released
today from PayScale Inc.
Overall, when holding all
else constant, median pay for Google employees is 23 percent higher than
similar workers performing similar roles at other companies and over 10 percent
higher than similar workers at the other big tech companies, according to
PayScale's Technology Company Salary and Job Satisfaction Report, which examined
the characteristics of the following tech companies (excluding retail workers):
Amazon, Apple, Dell, Facebook, Google, Hewlett-Packard, IBM, Intel and
Microsoft.
The "worst" paid
workers are at Hewlett-Packard. Holding all else constant, workers at HP
typically earn 5 percent less than similar workers at all other employers and
earn about 15 percent less than similar workers at the other big tech
companies.
Employees of IBM tend to
stay at IBM, according to PayScale research, with the average tenure at IBM at
eight years, which is about six years longer than the tenure at the other tech
firms. Similarly, IBM workers tend to be the oldest: The typical age of workers
at IBM is 44.
The report found workers at Facebook
are relatively young; a typical worker at Facebook is only 26, compared with a
typical age of 36 across the other companies. Workers at Facebook are the most
satisfied with their jobs, while those at HP are the least satisfied.
Researchers noted that while Facebook employees may be the most satisfied with
their work, they are also some of the most stressed.
Other findings indicated
female employees are still a minority at the big tech firms: On average, only
25 percent of the employees at the tech companies are female (compared with
over 50 percent of employees at all companies). The report also found Microsoft
is the most flexible tech company when it comes to determining work and
vacation schedules.
"With a CEO who is 27,
it is not surprising to find many who work at Facebook are young, excited to
work there and a little stressed out," said Al Lee, director of quantitative
analysis at PayScale. "IBM celebrates its 100th anniversary this year; the
workforce is a little grayer than Facebook, but the employees' tenure at IBM
testifies that it is still a great place to work."
The report included details
such as common jobs; typical pay; typical pay premium over market; typical
tenure at the company and employees' typical years of experience within their
career/field; demographics, including typical age and gender; job soft features
such as typical job satisfaction levels, typical stress levels and degree of
flexibility in work/vacation schedules; common benefits and perks relative to
the average employer; and typical weeks of vacation.
"Not only do many of
the large tech companies pay their typical employees well into the six figures-not
surprising given the large number of well-paid engineers on staff-they also pay
a premium of as much as 23 percent above typical pay for the same kind of
employees working at 'normal' companies," said Lee.
Nathan Eddy is Associate Editor, Midmarket, at eWEEK.com. Before joining eWEEK.com, Nate was a writer with ChannelWeb and he served as an editor at FierceMarkets. He is a graduate of the Medill School of Journalism at Northwestern University.
Email
Print
