Some say that Silicon Valley's glory days are far behind it, with other tech hubs popping up all around the world. They still pay pretty well though!
Silicon Valley is the uncontested Queen of Tech, it's home to some of the most innovative companies in the world, and houses some of the tech industries most influential titans like Google, Apple, Netflix, Nvidia and Electronic Arts. Silicon Valley’s history isn’t exactly rose-petal laden, though, as it was the epicentre of the catastrophic “dot-com” bubble. This resulted in frictions with people that called the Bay Area (the name of this region of San Francisco before it was dubbed Silicon Valley) home. The explosive influx of tech employees not only put stress on the infrastructure but also increased the price of commercial goods and real estate massively.
The reason Silicon Valley saw such an abrupt influx of tech-heads was because the companies there became famous for not only offering an unprecedented level of job satisfaction, they also paid extremely well. This was one of the most effective and oft-copied recruitment strategies to attract the brightest and most talented young graduates in the world. Judging from the innovation that seems to constantly flow out of Silicon Valley, it worked pretty well. If you are thinking about visiting the West Coast, you might want to drop off an application or two, because this is just the Silicon Valley companies that pay amazingly well! Most of the others pay damn good too!
Adobe Systems creates software primarily for creative applications and multimedia. Its creative suite of products seems indispensable in the internet age, used by creative professional all over the world. It started by creating a programing language for the creation of vector graphics. From there it went on to create digital fonts, but once Apple turned up as a competitor, the company pivoted and created the first version of its vector graphics creation program, Illustrator. The company earned a staggering 5.8 billion dollars’ in revenue this year.
And its salaries reflect this success; its base salary median is a whopping $125.000, and median overall compensation (including bonuses and benefits) is a competitive $140,000. On Glassdoor Adobe Systems gets an astounding 4.0 out of 5.0 rating from its employees, many citing a healthy work-life balance, great benefits and a very accepting and relaxed corporate environment.
Salesforce creates Customer Relationship Management software. Founded in 2000 the company has ceaselessly strived to make their product more and more effective, their most recent venture being a cloud-based CRM platform. It has been voted five years in a row as “The World’s Most Innovative Company” by Forbes and engages heavily in philanthropy, putting away and admirable 1% of its revenue and 1% of employees revenue for that exact reason.
Don’t worry that 1% of your salary won’t put much of a deficit in your median base salary of $120.000, or the median of the total compensation that reaches an astounding $143.750. On top of that, it has the very high job satisfaction rating of 4.2 out of 5.0. The employee reviewers mention that the company cares about its employees, offers many benefits and is a challenging but rewarding company to work for.
Cloudera is a data analysis company, which seeks to take big data and centralise it to create the most effective and inclusive picture possible. Probably the youngest company on the list, it was founded in 2008 by some of the biggest big data minds that worked for Google, Yahoo, Oracle and Facebook. The companies job satisfaction rating is an extremely high 4.2 out of 5.0, and employees say that it is very rewarding to work for a fledgeling company such as Cloudera.
Even though it’s a new company, it compensates employees like it’s a Silicon Valley veteran. The median base salary is an extremely competitive $129,000, and its median overall compensation reaches an amazing $145,000.
If you are reading anything on this website, looking for career advice and do not have a LinkedIn account you are doing yourself a gross disservice. LinkedIn is an astounding tool that helps professionals network, connect and get jobs. It allows you to be endorsed for various skills, establish relationships within your field and even be approached by potential employers. Essentially it is a social media platform exclusively for professionals. Started in 2003, the platform boasts 450 million users today.
LinkedIn has the highest customer satisfaction rating of all the companies listed at 4.4 out of 5.0. Many of employees that reviewed the company note a challenging workplace with a high priority for innovation and growth. The salaries reflect this attention to recruiting the best of the best, with a base median of $120.000 and an overall compensation median of $145,000.
Altera is a producer of programmable logic devices and is one of the oldest Silicon Valley companies on this list. Founded in 1983 before many of the employees that work for it today were even born, it was recently acquired by another tech giant, Intel. The company’s job satisfaction rate is a little bit lower than the other companies on the list, at 3.4 out of 5.0 but it offers competitive benefits and salaries.
The median base salary the company pays is the highest on the list at $134,000, and overall compensation sits at a respectable $147.000. The employees often cite the scale of the company and middle management as being one of the biggest disadvantages of working for Altera. The main benefit of working for the largest manufacturer of programmable logic devices in the world mentioned by employee reviewers is job security and stable employment.
Synopsys creates applications for other companies emphasising integration. It is currently the 15th largest software company in the world. The company was established in 1986 and has headquarters around the world. It has a job satisfaction rating of 3.7 out of 5.0 with most employees considering it a fantastic place to work. The company offers flexible work hours, very capable senior management (in fact Synopsys has the highest CEO approval rating by employees of any other company on this list at 97%) and great benefits. The company also engages heavily in community and societal outreach.
The median base salary is high at $130,000 but with additional benefits, it reaches a commendable $148,000.
Usually, Walmart and high salaries go together as well as oil and water, but in an attempt to hire the same bright and brilliant talent that made Amazon the online retailing giant it is today, Walmart was forced to follow the industry standard. In Walmart’s brick and mortar stores, an Assistant manager might make around $46,620 annually, and most of the sales associates make about $10,000. Luckily their push for a piece of the online retail market comes with a slightly more livable salary. It also seems to have a slightly higher job satisfaction rating of 3.3 compared to 3.1 of the physical retail business.
Many of the employee reviews talk about a friendly environment, flexible working hours and management that allows employees to make their own day to day schedules. Some of the negative aspects that the reviewers mention is the company’s relative immaturity and a lack of effective communication. The base salary is around $126,000 where the total median is at $149,000.
Have you worked for any of these companies? Is there something I left out or you would like to add? Please let us know in the comment section below.