According to a analysis of salaries in 500 companies of the Standard & Poors index produced by the Wall Street Journal, the most important stock index in the United States, Alphabet and Meta are the technology companies that pay their employees the most. In addition, Apple raised the median salary of its employees by 18% last year, an increase higher than that applied by most companies on the list, with Citrix or Fortinet among those that are at the forefront in increases, since in 2021 they raised their median salaries 55% and 36%, respectively, to $201,540 and $202,875.
The median is one of three ways to calculate wages (the other two are the mean and the mode). If the mean were used, it would be heavily influenced by the high salaries paid to managers. And the median is an intermediate point of all salaries, from the lowest to the highest, which is a much more realistic figure and closer to the salaries of the templates. Of course, in the case of Apple, it must be taken into account that the salary of its store employees is much lower than that of the staff who work in offices. Hence, his median salary is $68,254.
Meanwhile, other technology companies, such as Alphabet, Meta, Twitter or Salesforce, have more homogeneous salaries in their workforce, since they do not have retail staff. They therefore have fewer low-wage workers than Apple. In the case of Alphabet and Meta, in addition, they tend to outsource some of the minor tasks that are carried out in their offices or within the framework of the company.
Both Alphabet and Meta pay their employees a median of around $300,000. Specifically, Alphabet’s median in 2021 was $295,884, 8% more. Meanwhile, Meta’s was $292,785, 11% more than in 2020. Both are among the almost 150 companies in the indica that have a median salary in their workforce above $100,000.
Broadcom is not far behind them: their median salary is $247,541 (up 3%), and Twitter is not far behind them, since their median salary in 2021 was $232,626, up 13%. plus. Those of Nvidia and F5 Networks are also above $200,000: $217,542, 1% more than in 2020, and $206,330, 4% more, respectively.
Tesla is among the companies in the index with a lower median salary: $40,723, and has lowered it by 12% between 2020 and 2021. Akamai is another one that lowered its median salary in 2021: 7%, but still has it above $100,000: $112,018. Cisco Systems lowered it by 2%, but also pays a median above that amount: $124,806.
Salesforce stayed close to the $200,000 median salary in 2021: $181,612, an amount that is 17% higher than in 2020. eBay paid a median salary of $135,528 in 2021, and Activision Blizzard, which will soon will be owned by Microsoft, had an 18% higher median salary in 2021 than in 2020, at $117,207.
Juniper Networks paid its staff a median of $132,117 in 2021, an amount that is 12% higher than in 2021, while AMD’s paid $128,263, an increase of 8% compared to 2020. Qualcomm is already below 100,000, with 98,200, 2% more.
