Inflation continues to fall, hitting 4.9% in April, the lowest since a high of 9.1% in June 2022, but American workers are still feeling the pinch. This is despite the fact that average hourly wages have increased by 4.6% year-on-year. The Bureau of Labor Statistics estimates that real average earnings for all employees fell by 0.1% in February.
Combine this with a recent study that found that middle-income households with incomes between $30,000 and $100,000 struggled to meet their daily living expenses, and why salaries are the biggest factor in attracting top talent. You will begin to understand whether it will continue to be a factor in
balance of power
Thanks to a series of new local and state laws, pay is more transparent than ever and workers are in control when it comes to the pay debate.
In New York, California, Colorado and Washington, all employers are now legally required to include salary ranges in all job postings. In other states, such as Ohio, Maryland, and Nevada, applicants have the right to request or be offered a salary range upon request or at the interview stage.
The logic is simple; By giving applicants a guide to what salary to expect, you’re less likely to get a poor grade on your first offer or be paid significantly less than your peers with the same skills and experience.
Salary ranges are also something that influences applicants during the negotiation stage and can be used as a benchmark when claiming this information if competitors are willing to pay more.
Furthermore, when it comes to addressing the gender pay gap, only 15% of startup founders are women, and men make up only 28% of the science, technology, engineering, and tech workforce. It is especially important in the dominant technology industry. Mathematics (STEM) – A University of Utah Business School study showed that organizations that disclosed salary information saw a 45% reduction in the difference compared to those that did not .
chance knock
While it’s possible to use your salary information to negotiate a raise with your current employer, be aware that the recent wave of technology layoffs has resulted in many organizations freezing salaries and cutting employee benefits. I mean
When employers are looking to cut spending on salaries, employee benefits and perks, often looking for new opportunities is the only way to secure more money and job security. . The good news is that the TechSpot Job Board is a great place to start your search. Below he has thousands of job postings with annual salaries over $200,000, like three.
Data Engineering Lead – Genentech, San Francisco, CA
Salary range: $148,800 to $276,400
Genentech is seeking a data engineering lead to help create a next-generation data engine that will scaleably and rigorously ingest and transform the data generated from this effort to enable machine-driven analytics. You will act as an architect and engineering manager charged with overseeing the construction and operation of this data engine, influencing the entire informatics organization through presentations and collaborations.
To apply, you should have at least 7 years of experience in designing and developing scalable pipelines, frameworks, and platforms to power your data science efforts in a distributed cloud environment, including 5 years running on AWS. will be split. Learn more about.
Proactive Intelligence, Applied Research Scientist – Generative AI, Apple, Seattle, WA
Salary range: $144,500 to $250,000
Apple is looking for a Proactive Intelligence, Applied Researcher. Leverage state-of-the-art generative models to deliver superior products, services, and customer experiences on iPhone, Mac, Apple Watch, iPad, and more.
Ph.D./MS in computer science or related field, strong programming skills in Python and/or C++, 5+ years of experience using these languages in machine learning (ML) modeling and applied research. Click here for detailed job description.
Senior Director of Software Engineering – Adobe, San Jose, CA
Salary range: $180,500 to $387,200
Adobe is looking for a Senior Director of Software Engineering to lead conversational, B2B marketing, and AI/ML-based software engineering projects. The ideal candidate should have a track record of delivering complex software projects to the market, possess excellent organizational and communication skills, strong leadership skills, and be innovative.
In this role, you will lead software engineering teams to develop and deliver quality software products on time and on budget, and work with cross-functional teams to understand business requirements and translate them into technical requirements. , manage the workload and priorities of your software team. ,Timeline. For more information, please visit here.
