Palantir inventory is up almost 500% over the previous 12 months 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 employees?
Based on 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 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 Precise Salaries of Employees Jobs, Together with Builders, Engineers and Consultants.
Palantir builds platforms to assist analyze and handle knowledge, primarily for giant organizations and the U.S. authorities and its allies. The corporate helps break down complicated knowledge to drive higher decision-making, operations and safety. Palantir’s knowledge evaluation software program is taken into account a navy intelligence device. The corporate operates internationally, in North America, Europe, Asia-Pacific and the Center East, however is headquartered within the U.S., in Denver, Colorado.
Palantir CEO Alexander Karp. Picture by Kevin Dietsch/Getty Pictures
Based on its careers web page, Palantir is hiring throughout the board, from engineering roles concentrating on new faculty graduates to product designer jobs.
The corporate submitted federal filings displaying wage data for the primary quarter of the 12 months. The filings are required when firms rent overseas employees via the H-1B visa program, which allows extremely expert employees to tackle specialty occupations.
The paperwork solely present base annual salaries for H-1B employees and don’t embody signing bonuses, inventory choices, or different types of compensation. They solely signify 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
Based on 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 12 months was $229,912. Karp made 20 occasions 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 almost 4,000 U.S. staff.
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Palantir inventory is up almost 500% over the previous 12 months 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 employees?
Based on 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 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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