Want to work in the tech sector? These are the UK’s highest-paying tech firms
Thinking of going into finance? The tech sector just might pay better, if new research is anything to go by.
It turns out that not only do tech giants such as Apple, Amazon and Google offer great benefits – free lunches, flexible holiday allowances, egg freezing – but the salaries they pay rival anything a bank can throw at you.
That said, if you want to get into the sector, ditch British companies and aim for a role at a Silicon Valley firm.
The research, by salary benchmarking site Emolument.com, shows US tech giants dominate the highest-paying tech firms, with workers at Amazon making almost three times the amount of those in home-grown firms.
While the entry-level salary at Amazon was £90,000, when you factor in the £15,000 bonus; those at BT – the highest-paying British employer – made a total of £31,000.
Meanwhile, the second-highest paying employer was Apple, whose entry-level workers made £72,000 a year, plus £11,000 bonus. That was followed by Google, which paid £59,000, plus a £14,000 salary.
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"Driving innovation and enriching people's lives is the cornerstone appeal of the big technology brands," said Emolument.com.
"A handful of these top innovation players, the bluest of the blue chip tech brands, are willing to pay substantial bonuses to recruit and retain junior staff, despite already capitalising on their brand to generate staff loyalty."
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"With glamorous brands, novelty offices, breakthrough managerial styles the leading technology firms were already attractive employers," added Alice Leguay, co-founder and chief operating officer at Emolument.com
"Now, with an aggressive push on junior pay, they are outpacing traditional financial and professional services firms when it comes to campus pulling power.
"Working for a top investment bank no longer epitomises the graduate dream, especially since financial industry remuneration has taken a bashing in the last few years, in line with bankers' reputations. Banks are trying to shake up their corporate cultures and offer more flexibility and work-life balance but cannot compete with technology giants making their staff feel they are making a social mark on their time."