Palantir inventory is up almost 500% over the previous 12 months on the time of writing. Because the software program and protection know-how firm’s worth skyrockets, the query stays: How properly does it pay its workers?
Based on new federal filings, obtained by Enterprise Insider, Palantir pays competitively for high tech expertise. Software program engineers, for instance, could make anyplace from $155,000 to $240,000 in base pay.
The vary aligns with what different main tech firms supply for a similar function, although others have the next ceiling. Meta pays $120,000 to $480,000, Google pays $109,180 to $340,000 and Microsoft pays $82,971 to $284,000 for software program engineering expertise.
Palantir builds platforms to assist analyze and handle information, primarily for big organizations and the U.S. authorities and its allies. The corporate helps break down complicated information to drive higher decision-making, operations and safety. Palantir’s information evaluation software program is taken into account a army intelligence device. The corporate operates the world over, in North America, Europe, Asia-Pacific and the Center East, however is headquartered within the U.S., in Denver, Colorado.
Palantir CEO Alexander Karp. Picture by Kevin Dietsch/Getty Pictures
Based on its careers web page, Palantir is hiring throughout the board, from engineering roles concentrating on new faculty graduates to product designer jobs.
The corporate submitted federal filings exhibiting wage info for the primary quarter of the 12 months. The filings are required when firms rent international employees by way of the H-1B visa program, which permits extremely expert employees to tackle specialty occupations.
The paperwork solely present base annual salaries for H-1B employees and don’t embody signing bonuses, inventory choices, or different types of compensation. They solely symbolize one a part of the compensation image, not all the view.
Associated: This is How A lot Cash Amazon Staff — From Software program Engineers to Product Managers — Make in a Yr
The filings present that Palantir pays different roles as follows:
- AI Machine Studying Researcher: $210,000 to $250,000
- Deployment Strategist: $120,000 to $192,000
- Product Designer: $135,000
- High quality Engineer: $136,000
- Technical Program Supervisor: $165,000
Based on Palantir’s proxy assertion, filed with the U.S. Securities and Change Fee in April, CEO Alexander Karp’s whole compensation in 2024 was $4.63 million, whereas the median worker’s whole compensation for a similar 12 months was $229,912. Karp made 20 occasions greater than the mid-level employee on the firm.
Associated: This is How A lot a Typical Nvidia Worker Makes in a Yr
Palantir has almost 4,000 U.S. workers.
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Palantir inventory is up almost 500% over the previous 12 months on the time of writing. Because the software program and protection know-how firm’s worth skyrockets, the query stays: How properly does it pay its workers?
Based on new federal filings, obtained by Enterprise Insider, Palantir pays competitively for high tech expertise. Software program engineers, for instance, could make anyplace from $155,000 to $240,000 in base pay.
The vary aligns with what different main tech firms supply for a similar function, although others have the next ceiling. Meta pays $120,000 to $480,000, Google pays $109,180 to $340,000 and Microsoft pays $82,971 to $284,000 for software program engineering expertise.
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