From Spotify to TikTok, how much do media and tech giants pay their employees in the US?

From Spotify to TikTok, how much do media and tech giants pay their employees in the US?

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While the drive to reach the consumer has directly reshaped industries, it has also led to a change in business workforces. The desire of media and technology companies to have the best talent now pits them against each other in recruitment. So which company pays how much?

From Spotify to TikTok, how much do media and tech giants pay their employees in the US?

The mainstream streaming service offering has intertwined technology and media, encouraging media companies to think like tech platforms and tech giants to focus on content. Finally, the workforce sought by media and technology companies has undergone a major shift.

Now, if Disney, Netflix and Spotify want to reach the user directly, they also face employee selection. As media and tech giants increasingly compete for their workforces, Insider analyzed the latest payment data to see how much the big players in the space are offering to top talent.

Data released by the US Department of Labor’s Office of Foreign Work Certification shows how much companies offer to pay employees they wish to hire via a US work visa.

Payment data from October 1, 2020 and December 31, 2021 across all businesses was reviewed. Netflix, Hulu, The New York Times, Snapchat owner Snap, TikTok and its parent company Bytedance, Amazon’s live streaming platform Twitch, and Warner Bros. The discovery was scrutinized.

SPOTIFY

Music streaming company Spotify is reportedly offering base salaries ranging from $75,440 to $293,356 per year for select positions in the United States, based on fees for 133 foreign employee certification applications.

The vast majority of salaries were for positions based in New York and Boston, but Spotify now allows employees to work from anywhere.

Additionally, the Swedish company said it will continue recruiting in April. The company said it was focused on the technology and product side of the business, with more than half of new hires in research and development roles. It also creates staff in sales and marketing.

tick tock

Short-form video app TikTok and its parent company Bytedance are reportedly offering base salaries ranging from $30 an hour to $400,000 a year for certain roles in the US, based on fees for 256 certification applications. foreign employees.

Most salaries are for positions located in company offices in Mountain View, California.

TikTok has become a major player in technology and media in recent years. According to the company, its user base saw a huge spike in 2021, surpassing one billion monthly active users globally. Staff are recruited to meet growing demand. As of March, approximately 1,600 job openings in the United States were listed on the website.

The company, like some of its competitors, has yet to make a statement about whether it will pull its hires due to the economic downturn.

HULU

According to the fees for the 57 applications for certification of foreign employees of the American publisher Disney’s Hulu, the streaming platform offers salaries ranging from $93,150 to $208,000 per year.

Most salaries are for technical jobs, including data scientist and software engineer roles. Hulu also has roles like marketing analyst and content manager, but many of those jobs are now part of Disney’s larger streaming division.

NETFLIX

Streaming giant Netflix has offered base salaries ranging from $40.45 an hour to $800,000 a year for certain roles in the United States, based on the fees of 240 foreign employee certification applicants.

Netflix’s workforce has grown rapidly in recent years as the company has recruited staff to support its growing content efforts and, more recently, games. It added 1,900 full-time employees last year and ended 2021 with 11,300 employees worldwide.

However, the publisher recently took further action after announcing declining subscriber numbers and making layoffs in departments such as marketing and animation.

NEW YORK TIMES

According to the New York Times, the fees received from 60 foreign employee certification applications; It offered a base salary ranging from $70,000 to $306,000 per year for certain positions in the United States.

Most positions were located in New York, while some were located in California, North Carolina, and Texas.

The media company recently acquired sports website The Athletic and the hit game Wordle, which has become a phenomenon in recent months alongside its growth moves. The newspaper’s news section has also grown in recent years. Around 1,700 journalists are currently working.

INSTANTANEOUS

Snap, Snapchat’s parent company, offered base salaries ranging from $50,315 to $500,000 per year for various positions in the United States, and even $1.95 million for one person, based on fees. 303 applications for certification of foreign employees.

Salaries were primarily offered for jobs in data, engineering and product, and some marketing roles, with work locations also located in Santa Monica, Seattle, Silicon Valley’s Mountain View, San Francisco, or New York. .

TIC

According to fees for 84 foreign employee certification requests from Amazon’s live-streaming giant Twitch; The company offered base salaries ranging from $60,174 to $201,968 per year for certain roles in the United States.

Most salaries were for data, engineering, and other technical jobs based in San Francisco, California.

The company hit 1.9 billion hours watched in February, according to analytics firm Rainmaker.gg, down slightly from 2 billion hours in January. Rival Facebook Gaming achieved 497 million watch hours in the same month.

WARNER BROS. DISCOVERY

Recently, Warner Bros. Discovery and WarnerMedia, which partnered to form Discovery, offered base salaries of up to $300,000 per year for various positions in the United States, based on work visa applications submitted by the two companies between 1 October 2020 and December 31, 2021.

The data included 58 salaries at WarnerMedia and 80 salaries at Discovery.

WarnerMedia and Discovery Inc. Collaboration continues to recruit staff: In April, there were more than 360 online job postings at WarnerMedia and more than 300 vacancies at Discovery Inc.

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