Palantir inventory is up almost 500% over the previous yr on the time of writing. Because the software program and protection expertise firm’s worth skyrockets, the query stays: How effectively does it pay its workers?
In keeping with new federal filings, obtained by Enterprise Insider, Palantir pays competitively for high tech expertise. Software program engineers, for instance, could make wherever from $155,000 to $240,000 in base pay.
The vary aligns with what different main tech firms supply for a similar position, although others have the next ceiling. Meta pays $120,000 to $480,000, Google pays $109,180 to $340,000 and Microsoft pays $82,971 to $284,000 for software program engineering expertise.
Palantir builds platforms to assist analyze and handle information, primarily for giant organizations and the U.S. authorities and its allies. The corporate helps break down complicated information to drive higher decision-making, operations and safety. Palantir’s information evaluation software program is taken into account a army intelligence software. The corporate operates the world over, in North America, Europe, Asia-Pacific and the Center East, however is headquartered within the U.S., in Denver, Colorado.
Palantir CEO Alexander Karp. Photograph by Kevin Dietsch/Getty Photos
In keeping with its careers web page, Palantir is hiring throughout the board, from engineering roles focusing on new faculty graduates to product designer jobs.
The corporate submitted federal filings displaying wage info for the primary quarter of the yr. The filings are required when firms rent international staff via the H-1B visa program, which allows extremely expert staff to tackle specialty occupations.
The paperwork solely present base annual salaries for H-1B staff and don’t embody signing bonuses, inventory choices, or different types of compensation. They solely symbolize one a part of the compensation image, not all the view.
The filings present that Palantir pays different roles as follows:
- AI Machine Studying Researcher: $210,000 to $250,000
- Deployment Strategist: $120,000 to $192,000
- Product Designer: $135,000
- High quality Engineer: $136,000
- Technical Program Supervisor: $165,000
In keeping with Palantir’s proxy assertion, filed with the U.S. Securities and Change Fee in April, CEO Alexander Karp’s complete compensation in 2024 was $4.63 million, whereas the median worker’s complete compensation for a similar yr was $229,912. Karp made 20 occasions greater than the mid-level employee on the firm.
Associated: This is How A lot a Typical Nvidia Worker Makes in a 12 months
Palantir has almost 4,000 U.S. staff.
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Palantir inventory is up almost 500% over the previous yr on the time of writing. Because the software program and protection expertise firm’s worth skyrockets, the query stays: How effectively does it pay its workers?
In keeping with new federal filings, obtained by Enterprise Insider, Palantir pays competitively for high tech expertise. Software program engineers, for instance, could make wherever from $155,000 to $240,000 in base pay.
The vary aligns with what different main tech firms supply for a similar position, although others have the next ceiling. Meta pays $120,000 to $480,000, Google pays $109,180 to $340,000 and Microsoft pays $82,971 to $284,000 for software program engineering expertise.
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