According to a recent SEC filing, the median employee at Meta earned over $379,000 in 2023. This figure is significantly higher than many tech jobs and aligns with competitors like Google and Amazon. However, despite the attractive compensation, Meta has laid off workers and is focusing on investing billions in AI technology.
Meta’s employees likely receive a generous salary, with significant diversity in compensation based on their roles. High-level software engineers and researchers typically earn higher base salaries than product designers and user experience professionals. The median salary at Meta surpasses the average within the tech industry, which typically ranges from $35,000 to $120,000 depending on the role.
While Meta’s median salary appears impressive, it is important to note that other Big Tech companies like Google and Amazon also offer positions with compensation well above $300,000. Moreover, CEO Mark Zuckerberg’s total compensation in 2023 was $24.4 million primarily due to security and logistical costs. Zuckerberg’s salary was listed as $1, and the majority of his net worth is tied to stock options.
Despite these competitive salaries and earnings, the work environment at Meta remains challenging. Zuckerberg announced a permanent “Year of Efficiency,” focusing on maximizing productivity through performance reviews and continued layoffs. Since 2022, the company has reduced its staff by 22%, with ongoing plans for further cuts. While Meta’s recent quarterly earnings call showed positive results, investor concerns arose due to plans to invest additional billions in AI technology.
The high median salary at Meta stands out as significantly higher than many tech jobs but aligns with competitors like Google and Amazon.
As per recent SEC filing data from 2023
