Hiring frenzy among tech companies features salaries $100K to $250K

The tech industry has seen massive growth in 2021. Google, Amazon, Apple, Facebook, and Microsoft contributed a collective $1.2 trillion in revenue and $244 billion in net profit last year, and economists are anticipating a continued upswing. “Online-based companies had a competitive edge over their brick-and-mortar rivals. Businesses that relied upon face-to-face interactions suffered, while everyone gravitated toward conducting their business and shopping on the internet,” Forbes reports.

Now, as summer turns to autumn, some of the biggest tech companies are looking to fill a substantial number of high-paying roles before the end of the year. Here’s a look at some of the top positions and the salaries that go with them (sample titles and salaries below come from Business Insider; links to all available jobs from Ladders).

Amazon

By the end of 2020, Amazon’s annual profit surged by 220% thanks to a sharp increase in pandemic-influenced online shopping. As a result, they’re looking to increase their hiring rate. Specifically, they’re looking to take on new data scientists, marketers, salespeople, and business analysts.

“We certainly see stronger demand for workers,” said Brian Olsavsky, Amazon’s chief financial officer. “So far, we’ve had good success in hiring them with our wage and benefit package that’s pretty competitive. So we’re watching it carefully. But it’s probably one of the bigger elements of inflation in our business right now.”

Some of the top-paying positions are:

• Principle software engineer ($185,000)
• Technical program manager ($175,000)
• Software Architect ($170,000

See more Amazon jobs

Apple

Apple’s revenue increased to $21.7 billion (up from $15.6 billion) in three months according to a report published June 30th of this year.

“This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important,” said chief executive Tim Cook.

Some of the top-paying positions are:

• Senior Marketing Director ($325,000)
• System Engineer ($152,731)
• Quality Assurance Engineer ($143,262)

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Microsoft

Microsoft experienced a 47% profit jump last year due to an increase in cloud services and games.

“Over a year into the pandemic, digital adoption curves aren’t slowing down. They’re accelerating, and it’s just the beginning,” Microsoft CEO Satya Nadella explained. “We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.”

Some of the top-paying positions are:

• Channel sales manager ($250,000)
• Product Manager ($113,00)
• Software Engineer ($111,732)

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Facebook

Facebook increased its monthly users by roughly 12% this year, which significantly boosted its AD revenue. The social media company increased its overall revenue by 11% or $18.69 billion in the same time frame.

“We’re glad to be able to provide small businesses the tools they need to grow and be successful online during these challenging times,” Facebook CEO Mark Zuckerberg said in a statement. “And we’re proud that people can rely on our services to stay connected when they can’t always be together in person.”

Facebook has $58.24 billion in cash and cash equivalents on hand, the company said. It now has 52,534 employees, up 32 percent from a year earlier.

Some of the top-paying positions are:

• Product Designer ($195,359)
• Research Scientist ($188,442)
• Data Engineer ($178,504)

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Google

Google earned $18.53 billion, last quarter, which marks a record profit increase since last year’s earnings of $6.96 billion.

The company’s advertising revenue also increased by 69% to $50.44 billion. Google CEO Sundar Pichai credits a “rising tide” of online activity among consumers and businesses.”

Software engineers can make as much $353,000 a year, while a vice president of engineering can rake in $475,000, and a senior vice president recently makes $650,000.

See more Google Jobs