Palantir inventory is up practically 500% over the previous 12 months on the time of writing. Because the software program and protection know-how firm’s worth skyrockets, the query stays: How nicely does it pay its employees?
In response to new federal filings, obtained by Enterprise Insider, Palantir pays competitively for prime tech expertise. Software program engineers, for instance, could make anyplace from $155,000 to $240,000 in base pay.
The vary aligns with what different main tech firms provide 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.
Associated: How A lot Does Apple Pay Its Workers? Right here Are the Actual Salaries of Workers Jobs, Together with Builders, Engineers and Consultants.
Palantir builds platforms to assist analyze and handle information, primarily for big 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 navy 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 response to its careers web page, Palantir is hiring throughout the board, from engineering roles concentrating on new school graduates to product designer jobs.
The corporate submitted federal filings exhibiting wage data for the primary quarter of the 12 months. The filings are required when firms rent overseas 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 the whole view.
Associated: Here is How A lot Cash Amazon Workers — From Software program Engineers to Product Managers — Make in a Yr
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 response to Palantir’s proxy assertion, filed with the U.S. Securities and Trade 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 12 months was $229,912. Karp made 20 instances greater than the mid-level employee on the firm.
Associated: Here is How A lot a Typical Nvidia Worker Makes in a Yr
Palantir has practically 4,000 U.S. workers.
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Palantir inventory is up practically 500% over the previous 12 months on the time of writing. Because the software program and protection know-how firm’s worth skyrockets, the query stays: How nicely does it pay its employees?
In response to new federal filings, obtained by Enterprise Insider, Palantir pays competitively for prime tech expertise. Software program engineers, for instance, could make anyplace from $155,000 to $240,000 in base pay.
The vary aligns with what different main tech firms provide 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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