Alphabet's Median Pay Nears $200k
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Re: Alphabet's Median Pay Nears $200k
#2Just a quick reminder what median means in this case:
You have a finite set of wages/pay - and $197,000 should be in the middle of this set. Meaning that half the wages at Alphabet are below, the other half above this wage.
It is a rather robust measure, because it is insensitive to extreme values (like the arithmetic average would be), while also giving you a good overview, e.g. that 50% of all the wages are above $197,000.
Vice versa, it tells you nothing about how low or how high the wages are aside the median (e.g. the lower 45% of the wages could be <$45,000). So take it with a grain of salt.
Re: Alphabet's Median Pay Nears $200k
#3Seems really low. Imagine if they unionized!
Re: Alphabet's Median Pay Nears $200k
#4Just a quick reminder what median means in this case: You have a finite set of wages/pay - and $197,000 should be in the middle of this set. Meaning that half the wages at Alphabet are below, the other half above this wage. It is a rather robust measure, because it is insensitive to extreme values (like the arithmetic average would be), while also giving you a good overview, e.g. that 50% of all the wages are above $…
Also, as with the Facebook news that their median is $240k (https://news.ycombinator.com/item?id=16955393), it could well be the case that Alphabet's lower paid staff are mostly contractors who wouldn't be counted in this metric.
Re: Alphabet's Median Pay Nears $200k
#5Just a quick reminder what median means in this case: You have a finite set of wages/pay - and $197,000 should be in the middle of this set. Meaning that half the wages at Alphabet are below, the other half above this wage. It is a rather robust measure, because it is insensitive to extreme values (like the arithmetic average would be), while also giving you a good overview, e.g. that 50% of all the wages are above $…
Also, as with the Facebook news that their median is $240k ( https://news.ycombinator.com/item?id=16955393 ), it could well be the case that Alphabet's lower paid staff are mostly contractors who wouldn't be counted in this metric.
Totally possible. I am not acquainted with the regulatory statutes regarding who you may or can count as FTE in such a statistic.
But sure sounds like a feasible strategy to prop up median pay.
Re: Alphabet's Median Pay Nears $200k
#6Earlier quoted context omitted.
Also, as with the Facebook news that their median is $240k ( https://news.ycombinator.com/item?id=16955393 ), it could well be the case that Alphabet's lower paid staff are mostly contractors who wouldn't be counted in this metric.
Totally possible. I am not acquainted with the regulatory statutes regarding who you may or can count as FTE in such a statistic. But sure sounds like a feasible strategy to prop up median pay.
I'm pretty sure most companies would want to make median pay appear as low as possible when making SEC filings. Investors hate high labor costs.
Re: Alphabet's Median Pay Nears $200k
#7Just a quick reminder what median means in this case: You have a finite set of wages/pay - and $197,000 should be in the middle of this set. Meaning that half the wages at Alphabet are below, the other half above this wage. It is a rather robust measure, because it is insensitive to extreme values (like the arithmetic average would be), while also giving you a good overview, e.g. that 50% of all the wages are above $…
Also, as with the Facebook news that their median is $240k ( https://news.ycombinator.com/item?id=16955393 ), it could well be the case that Alphabet's lower paid staff are mostly contractors who wouldn't be counted in this metric.
Amazon's medium pay is $28,446. But they also employ nearly 500,000 people. The linked article also has salaries for other tech companies.
https://www.wsj.com/articles/amazons-typical-worker-is-in-a-...
Re: Alphabet's Median Pay Nears $200k
#8Seems really low. Imagine if they unionized!
gosh what the tech industry could accomplish with a union...the excuse I always hear is "but we have it so well! why do we need to organize?!".
Organize for the people that clean your office space, organize for marginalized peoples, organize to make the world a better place, not just your industry. Think what would happen if AWS was without site reliability for 72 hours.
Re: Alphabet's Median Pay Nears $200k
#9Seems really low. Imagine if they unionized!
gosh what the tech industry could accomplish with a union...the excuse I always hear is "but we have it so well! why do we need to organize?!". Organize for the people that clean your office space, organize for marginalized peoples, organize to make the world a better place, not just your industry. Think what would happen if AWS was without site reliability for 72 hours.
The only thing that highly technical workers dislike more than meeting in real life with each other is having someone tell them what they can and can't do.
Unions aren't really compatible with the mindset in Tech today, in my experience knowing people. Small movements start, bikeshedding happens, and everything fractures.
Re: Alphabet's Median Pay Nears $200k
#10Does this include employees (not contractors) outside the US? It's not clear from the article.