Meta is prepared to pay prime greenback, ranging as much as 9 figures, for AI expertise — however how is it compensating its extra expansive workforce of information scientists, software program engineers, and product designers?
In line with information from federal filings, obtained by Enterprise Insider, software program engineers at Meta could make anyplace from $120,000 to $480,000 in base wage, whereas product designers and researchers have salaries exceeding $200,000. Information scientists make as much as $270,000.
The info comes from required paperwork that corporations should file with the U.S. Division of Labor when hiring non-U.S. employees by way of the H-1B visa program. The visa permits for extremely expert overseas employees to work in specialised occupations that require at the least a bachelor’s diploma for as much as six years.
The filings solely embody base annual salaries and don’t embody inventory choices, signing bonuses, and different perks.
Associated: This is How A lot a Typical Nvidia Worker Makes in a Yr
The info exhibits that AI analysis scientists at Meta make $179,481 to $232,000, whereas information analysts make $168,000 to $204,000, and design engineers make $185,000 to $256,270.
On the supervisor aspect, software program engineering managers take house $219,978 to $328,000 in base pay, whereas senior product managers make $224,323, and analysis scientist managers make $258,524.
Meta CEO Mark Zuckerberg. Photographer: David Paul Morris/Bloomberg by way of Getty Photographs
Meta is presently preventing for prime AI expertise, vying with OpenAI and different AI corporations for a restricted pool of AI researchers. The corporate acknowledged final week that it could home its AI initiatives below a brand new crew known as Meta Superintelligence Labs (MSL), and introduced 11 new hires for the crew, together with former Google, Anthropic, and OpenAI researchers.
Meta additionally invested $14.3 billion final month for a 49% stake within the AI information coaching startup Scale AI. As a part of the deal, Meta introduced over Scale AI’s 28-year-old CEO Alexandr Wang to go MSL.
Associated: This is How A lot a Typical Google Worker Makes in a Yr
OpenAI CEO Sam Altman mentioned final month that Meta tried to poach OpenAI employees with “$100 million signing bonuses” and “greater than that” in compensation. Meta’s chief know-how officer, Andrew Bosworth, denied the report at a leaked all-hands assembly, calling Altman “dishonest” for his claims.
“Look, you guys, the market is scorching,” Bosworth acknowledged on the assembly final month. “It is not that scorching.”
Following information of the assembly, OpenAI’s chief analysis officer, Mark Chen, mentioned in a leaked memo to employees that OpenAI was “recalibrating” compensation in response to Meta’s affords.
OpenAI is value $300 billion after a $40 billion fundraising spherical in March. Meta inventory is up over 20% year-to-date; the corporate is value over $1.8 trillion.
Meta is prepared to pay prime greenback, ranging as much as 9 figures, for AI expertise — however how is it compensating its extra expansive workforce of information scientists, software program engineers, and product designers?
In line with information from federal filings, obtained by Enterprise Insider, software program engineers at Meta could make anyplace from $120,000 to $480,000 in base wage, whereas product designers and researchers have salaries exceeding $200,000. Information scientists make as much as $270,000.
The info comes from required paperwork that corporations should file with the U.S. Division of Labor when hiring non-U.S. employees by way of the H-1B visa program. The visa permits for extremely expert overseas employees to work in specialised occupations that require at the least a bachelor’s diploma for as much as six years.
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