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56 Percent of Tech Employees at Amazon, Microsoft, and Apple Think They're Underpaid

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01.04.2019

A typical annual entry level salary for a software engineer is about $86,000. From there, depending on experience and skills, salaries can keep going up. They can reach $177,000 at Amazon, $191,000 at LinkedIn, and $203,000 at Apple. These jobs come with paid time off and a host of attractive perks.

You might think these tech employees, many of whom are already out-earning their parents while in their 20s, would be pleased with their compensation. You'd be wrong. A new and disheartening survey by Blind, an anonymous social network for tech employees. More than 10,500 Blind users were asked whether the following statement was true or false: "I am paid far less than the value I create." About 56 percent said the statement was true. Thousands of these respondents work for Microsoft, Google, Amazon, Apple, Facebook, and other household-name high-tech employers.

And yet. More than 60 percent of tech employees at Uber and LinkedIn said they were underpaid. So did more than 55 percent of Lyft employees--even though the survey was conducted March 14-22, when those employees knew their employer was about to launch a high-profile IPO that stood a good chance of making many of them very wealthy. (Some Lyft drivers are protesting their exclusion from this bonanza, but the company considers them contractors rather than employees.) By one estimate, current and former Lyft employees now collectively own $1.5 billion in stock. Yet........

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