Even with unabated economic headwinds and a stunning number of tech layoffs — with an estimated 64,865 affected workers in 2023 so far, according to Layoffs.fyi, in addition to the over 47,000 laid off last year — workers in Silicon Valley’s flagship industry were getting paid handsomely through 2022.
The average median salary of 15 of the largest San Francisco Bay Area tech companies in 2022, according to Securities and Exchange Commission filings gathered by data analytics firm MyLogIQ, is estimated at around $184,838.
Meta leads the group in median worker compensation, with workers at the middle of the pack getting paid $296,320. (That’s a few thousand dollars more than the median Meta salary in 2021.) Not far behind are Google parent company Alphabet — the highest-paying Big Tech firm in Silicon Valley in 2021 — with a median compensation of $279,802 and San Francisco data storage giant Dropbox at $274,599. Rounding out the companies with a median pay of over $200,000 are Airbnb ($236,240), Okta ($233,825), Nvidia ($228,078) and Netflix ($218,400).
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