Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Meta Reveals Median Pay of $379,000, With Half of Employees Earning More

wikitree Views  

It has been revealed that half of the employees at Meta Platforms, Inc., the parent company of Facebook, earn salaries exceeding $379,000.

Mark Zuckerberg, CEO of Meta Platforms, Inc. / Reuters-Yonhap News

According to Business Insider, on the 26th (local time), Meta reported in documents recently submitted to the U.S. Securities and Exchange Commission (SEC) that the median salary of its employees last year was $379,000.

This means that about half of all employees earn less than $379,000, while the other half earn more.

Meta reported during its first-quarter earnings announcement on the 24th that the total number of employees was 69,329. This indicates that about 35,000 employees receive over $379,000.

The media outlet reported that Meta’s senior software engineers and researchers earn a higher base pay than product designers and user experience experts.

Meta’s median salary is significantly higher than typical tech companies, ranging from $35,000 to $120,000.

However, as Insider noted, the difference may not be as pronounced compared to big tech competitors like Google or Amazon.

It is known that a considerable number of employees in these big tech companies also receive salaries exceeding $300,000.

However, despite employees earning high salaries, Meta is currently undergoing restructuring. Since 2022, laid-off employees have reached 22% of the total workforce.

CEO Mark Zuckerberg has emphasized efficiency to his employees, stating that he will strengthen performance evaluations and restructuring to maximize productivity.

wikitree
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Honda to Start Making Old Parts Again — Starting with the NSX
  • Honda's NSX Returns: A 1,000-Horsepower Electric Rival to Lexus LFR
  • Honda’s S7 Electric SUV: A Major Player in the Race for EV Dominance
  • Lamborghini's First EV: A 2,000-Horsepower Beast Built for Speed and Emotion
  • Ford Revives Classic Design with the 2025 Bronco Heritage Edition
  • ID.EVERY1: Volkswagen's $21K Electric Vehicle Aims to Make Green Driving Accessible

You May Also Like

  • 1
    Arrest warrants issued for 48 suspects brought from Cambodia

    LATEST 

  • 2
    S. Korea's exports down 7.8% in first 20 days of Oct.

    LATEST 

  • 3
    S. Korean man found dead in Cambodia: foreign ministry

    LATEST 

  • 4
    Remains of late S. Korean student tortured to death in Cambodia arrive home

    LATEST 

  • 5
    Trump expects 'fantastic' trade deal with China, notes 'fair' deals with S. Korea, Japan, EU

    LATEST 

Popular Now

  • 1
    N. Korea slams Japan politicians for visit to war shrine, ritual offerings

    LATEST 

  • 2
    Chilly like late fall, but trees are still green. What's going on?

    LATEST 

  • 3
    [James Stavridis] The Gaza peace plan will fail without US troops

    LATEST 

Must-Reads

  • 1
    Arrest warrants issued for 48 suspects brought from Cambodia

    LATEST 

  • 2
    S. Korea's exports down 7.8% in first 20 days of Oct.

    LATEST 

  • 3
    S. Korean man found dead in Cambodia: foreign ministry

    LATEST 

  • 4
    Remains of late S. Korean student tortured to death in Cambodia arrive home

    LATEST 

  • 5
    Trump expects 'fantastic' trade deal with China, notes 'fair' deals with S. Korea, Japan, EU

    LATEST 

Popular Now

  • 1
    N. Korea slams Japan politicians for visit to war shrine, ritual offerings

    LATEST 

  • 2
    Chilly like late fall, but trees are still green. What's going on?

    LATEST 

  • 3
    [James Stavridis] The Gaza peace plan will fail without US troops

    LATEST 

Share it on...