Tech Industry Salaries Methodology
Tech Companies Compared
Salaries, Tenure and Corporate Culture
Using PayScale.com’s extensive database, we examined the characteristics of 52 large/well-known tech companies. These characteristics include:
- Job Details: typical pay, typical tenure at the company, and typical years of experience within a career/field.
- Demographics: years of experience, and years with the company.
- Job Soft Features: shares of employees reporting high employer satisfaction, job meaning, and job stress, as well as whether they intend to leave within 6 months.
In examining the characteristics of these companies, we:
- Excluded retail workers and retail managers from our sample to focus on corporate employees.
- Included all other workers, from software developers to financial analysts to marketing assistants.
For the set of tech companies we were interested in, we analyzed 32,919 salary profiles collected between May 2012 and May 2017.
Effective Annual Compensation (EAC): EAC combines base annual salary (or hourly wage), commissions, tips, bonuses, and profit sharing. It does not include equity (stock) compensation, cash value of retirement benefits, or value of other non-cash benefits (e.g., healthcare).
Early Career Median Pay: This is the median EAC for workers with 0 to 5 years of experience.
Mid-Career Median Pay: This is the median EAC for workers with 10 or more years of experience.
Years of Experience: These are the number of years the respondent has spent in their field/career. The years of experience will incorporate all applicable jobs in the field, not just the current job. The average years of experience across all full-time (non-retail) jobs at all employers is 6 years.
Years with Company: These are the number of years the respondent has worked for their current employer. The average number of years with a company across all full-time (non-retail) jobs at all employers is 4 years.
% High Employer Satisfaction: This is the percentage of respondents who answered “Strongly Agree” or “Agree” to the statement, “I am extremely satisfied working for my employer.”
% High Job Stress: This is the percentage of respondents who answered “Fairly stressful” or “Extremely stressful” when asked “How stressful is your job/work environment?”
% High Job Meaning: This is the percentage of respondents who answered “Very much so” or “Yes” to the question, “Does your work make the world a better place?”
% Intending to Leave: This is the percentage of respondents who answered ‘Yes” to the question, “In the next 6 months, I plan on actively seeking new jobs outside of my current company.”
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