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The lack of skilled IT workers is hurting the deployment of emerging technology, according to a new survey from Gartner. In areas from cloud to cybersecurity, this crisis is expected to last for years to come.
According to Glassdoor’s latest report revealing the 25 Highest Paying Companies in America for 2016, several companies are offering employees six figure paychecks. This report is based on each company’s median total compensation, compiled by looking at salary reports at companies in which employees have anonymously and voluntarily shared both their base pay and other forms of compensation (i.e. commissions, tips, bonuses, etc.) over the past year*.
Which companies offer the biggest paychecks? Check out the complete results:
1. A.T. Kearney
Median Total Compensation: $167,534
Median Base Salary: $143,620
Industry: Consulting
2. Strategy&
Median Total Compensation: $160,000
Median Base Salary: $147,000
Industry: Consulting
3. Juniper Networks
Median Total Compensation: $157,000
Median Base Salary: $135,000
Industry: Technology
4. McKinsey & Company
Median Total Compensation: $155,000
Median Base Salary: $135,000
Industry: Consulting
5. Google
Median Total Compensation: $153,750
Median Base Salary: $123,331
Industry: Technology
6. VMware
Median Total Compensation: $152,133
Median Base Salary: $130,000
Industry: Technology
7. Amazon Lab126
Median Total Compensation: $150,100
Median Base Salary: $138,700
Industry: Technology
8. Boston Consulting Group
Median Total Compensation: $150,020
Median Base Salary: $147,000
Industry: Consulting
9. Guidewire
Median Total Compensation: $150,020
Median Base Salary: $135,000
Industry: Technology
10. Cadence Design Systems
Median Total Compensation: $150,010
Median Base Salary: $140,000
Industry: Technology
11. Visa
Median Total Compensation: $150,000
Median Base Salary: $130,000
Industry: Finance
12. Facebook
Median Total Compensation: $150,000
Median Base Salary: $127,406
Industry: Technology
13. Twitter
Median Total Compensation: $150,000
Median Base Salary: $133,000
Industry: Technology
14. Box
Median Total Compensation: $150,000
Median Base Salary: $130,000
Industry: Technology
15. Walmart eCommerce
Median Total Compensation: $149,000
Median Base Salary: $126,000
Industry: Technology
16. SAP
Median Total Compensation: $148,431
Median Base Salary: $120,000
Industry: Technology
17. Synopsys
Median Total Compensation: $148,000
Median Base Salary: $130,000
Industry: Technology
18. Altera
Median Total Compensation: $147,000
Median Base Salary: $134,000
Industry: Technology
19. LinkedIn
Median Total Compensation: $145,000
Median Base Salary: $120,000
Industry: Technology
20. Cloudera
Median Total Compensation: $145,000
Median Base Salary: $129,500
Industry: Technology
21. Salesforce
Median Total Compensation: $143,750
Median Base Salary: $120,000
Industry: Technology
22. Microsoft
Median Total Compensation: $141,000
Median Base Salary: $125,000
Industry: Technology
23. F5 Networks
Median Total Compensation: $140,200
Median Base Salary: $120,500
Industry: Technology
24. Adobe
Median Total Compensation: $140,000
Median Base Salary: $125,000
Industry: Technology
25. Broadcom
Median Total Compensation: $140,000
Median Base Salary: $130,000
Industry: Technology
Why so many consulting and tech companies on this list?
“This report reinforces that high pay continues to be tied to in-demand skills and higher education, which in part, is why we see several companies on this list among the consulting and technology industries,” said Dr. Andrew Chamberlain, Glassdoor Chief Economist. “Salaries are sky-high at consulting companies due to ‘barriers of entry’ in this field, which refers to employers wanting top consultants to have personal contacts, reputations and specialized skills and knowledge. In technology, we continue to see unprecedented salaries as the war for talent is still very active, largely due to the ongoing shortage of highly skilled workers needed.”
While the companies on this list pay handsomely and a Glassdoor survey shows salary and compensation are among peoples’ top considerations before accepting a job, Glassdoor research also shows that salary is not among the leading factors tied to long-term employee satisfaction. In contrast, culture and values, career opportunities, and trust in senior leadership are the biggest drivers of long-term employee satisfaction.
This pay report comes on the heels of Glassdoor’s Pay Equality Roundtable Discussion, which featured Hillary Clinton and other leaders, last week in New York City. Want to check out the highlights? Watch our 3 minute video replay.
How much do you earn at your company? Help others by anonymously sharing a salary report. #ShareYourPay
*Methodology: Glassdoor’s 25 Highest Paying Companies in America report identifies companies with the highest median total compensation package (including base salary and other forms of compensation, such as commissions, tips, bonuses, etc.), as reported by U.S.-based employees on Glassdoor over the past year (3/30/15-3/29/16). Companies considered for this report must have received at least 50 salary reports in U.S. dollars by U.S-based employees during the timeframe. While ‘other forms of compensation’ is an optional field on Glassdoor, salary reports considered for this report must have been from employees who shared both their base pay and other forms of compensation. In cases where companies have the same median total compensation, the company with the higher number of salary reports receives the higher rank. Subsidiaries of companies were considered for this report if they met the methodology, have their own distinct job listings and profile on Glassdoor.
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