Home / Others / In the alphabet for Google parents, the average salary is close to $ 200,000

In the alphabet for Google parents, the average salary is close to $ 200,000



Google father

Alphabet
Inc.


GOOGL -1.14%

said its workers obtained an average payment package of more than $ 197,000 last year, the fourth highest payment among the hundreds of companies in the index S & P 500 that have disclosed those figures.

The average pay of the alphabet was approximately 18% lower than in the rival internet giant

Facebook
Inc.,

where employees earned an average salary of $ 240,000.

The relatively high payout at two of the world's largest technology companies is a sign of the ongoing talent war in Silicon Valley, where talented engineers have a limited supply. Their payment numbers far surpassed most of the 379 companies in the S & P 500 that had revealed compensation figures until Friday afternoon. The median figure among that group was $ 69,205.

Facebook and Google also dwarfed another technological giant in this category,

Amazon.com
Inc.,


AMZN 3.60%

where an average worker earns only $ 28,446. Most of the roughly half a million employees at Amazon unload trucks, drive forklifts and travel miles collecting products to fulfill orders, all for the same salary as workers in the warehouses of other retail companies.

Companies in the technology sector as a whole are reporting higher figures, and half report that the average salary of employees is more than $ 85,000. But even within technology, there is a division, with software firms and services that tend to report a higher average income than semiconductor and hardware manufacturers.

The highest median wage reported in the S & P 500 so far was from

Incyte
Corp.

, a biotechnology firm in Wilmington, Delaware, with 1,208 employees. Incyte's average salary was approximately $ 253,000. The third highest, below Facebook and above the alphabet, was

Vertex Pharmaceuticals
Inc.

in more than $ 211,000.

The average worker in Alphabet earns much more than

Larry Page,

The company's executive director, who receives a nominal compensation of $ 1, said the company in its presentation of 2017. Facebook

Mark Zuckerberg,

in comparison, it earns $ 8,852,366 in total salary, said the social networking company in its possession, published earlier this month.

Eric Schmidt,

who resigned his position as president of Alphabet in January, obtained the highest total compensation among senior officers at Alphabet last year. His total payment was approximately $ 4.7 million.

In his power, Alphabet asked shareholders to vote against an investor proposal that seeks a management review of possible abuses of Google's digital platforms, such as Russian interference in the US elections. The proposal was submitted by Arjuna Capital and endorsed by The New York State Common Retirement Fund.

Also on Friday, in a letter to shareholders, co-founder of Google

Sergey Brin

He alluded to recent concerns raised by regulators and the media that technological advances pose new risks to society.

"Very legitimate and pertinent problems are being raised, around the world, about the implications and impacts of these advances," Brin said. "This is an important discussion to have, although I am optimistic about the potential of applying technology to the world's biggest problems, we are on a path that we must travel with deep responsibility, care and humility."

Write to Douglas MacMillan at douglas.macmillan@wsj.com

.


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