Google, one of the tech giants of Silicon Valley, often sets the standard for compensation in the tech industry. It’s a top employer and a dream workplace for many tech enthusiasts worldwide. But what are the income levels at Google? How much do Google employees make?
How Does Google Determine its Employees’ Income Levels?
Google uses a complex system to determine its employees’ income levels. The company evaluates an employee’s job title, job level, location, and past experience to determine their base pay. Google also offers other benefits such as a 401k match, bonuses, equity grants, and a comprehensive healthcare plan.
Google’s compensation system utilizes a Total Rewards philosophy, which is aimed at attracting, retaining, and motivating top talent. Google’s Director of Compensation, Jeremy Rosenblum, explained how this system works, “We look at the whole package of what it takes to take care of our employees.”
What Are The Average Salaries at Google?
According to Glassdoor, the average salary for a Software Engineer at Google is $129,000 per year, while a Product Manager makes an average salary of $168,000 per year. However, the salaries can vary based on the employee’s level and location.
Entry-level software engineers at Google make around $112,000 per year, while Senior Software Engineers can earn up to $234,000 per year. Similarly, Product Managers can make up to $240,000 per year after years of experience.
It’s worth mentioning that Google’s compensation packages extend beyond salaries, offering exceptional perks such as free meals, on-site gyms, and flexible working hours.
Is Google Known For High Salaries?
Google is often cited for its competitive salary packages and lucrative employee benefits, making it an attractive workplace for tech professionals. Glassdoor reports that Google pays its employees nearly 40% more than the national average salary in the U.S.
A software engineer at Google, Bo Li, shared his experience of working at Google on Quora. He mentioned that his pay at Google was three or four times higher than his pay at his previous job. He added, “At Google, you are paid at that salary because they think you are doing a great job. If you are unhappy, talk to your manager or switch teams.”
Despite the attractive compensation packages, several Google employees have criticized the company’s workplace culture and diversity issues. In November 2018, Google employees worldwide walked out to protest the company’s handling of sexual harassment allegations against top executives.