Big Tech used to pay engineers the most. Now, these smaller companies offer tech workers top compensation.
found. The Median compensation for an L4 level engineer at Netflix, which implies two or more years of experience, was $312,000. An L5 at Netflix, an engineer with 5 or more years of experience, earned a median compensation of $550,000.
Meta only broke into the top seven once for the first half of 2023, with pay for principal engineers, typically people with 15 years or more of experience in their field. The median pay at Meta for this level is close to $1 million, at $978,000. That's changed from last year when Meta was also among the top-paying firms for engineers with around 10 years of experience.
dubbed its"Year of Efficiency," marked by mass layoffs and cost-cutting. Google was not on the list for 2023 at all, nor were other major tech firms like Apple and Microsoft. All three made the list in 2022 and 2021.Databricks, a company of about 5,000 people that analyzes and manages data, is the best-paying tech company for engineers in the earlier stages of their careers, with median compensation of about $275,000 to $585,000.
Stripe is the only company to be among the highest-paying from the lower level of engineer to the principal level, with median compensation starting at $217,000 for an early-career engineer and going to $945,000 for an engineer with a decade or more of experience. Roblox is also frequently a top-paying company for mid-career engineers with five to ten years of experience, as median compensation goes from $370,000 to $683,000..
OpenAI, the generative AI company behind ChatGPT, is another new entrant to the list, with median compensation of $925,000 for engineers with a decade of experience, which is the highest pay in tech for that level of engineer. The company also has aAre you a tech employee or someone else with insight to share? Contact Kali Hays at
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