With Amazon adding 25,000 jobs to DC. What will the total compensation look like for that area? Will it be similar to Seattle?
It will be the same as Seattle. Amazon has discount, standard, and premium market tiers in the US. Almost everything that’s a major city is Standard market, including Seattle, despite it having a high cost of living. NYC is a premium market, Bay Area is a premium market. I don’t know what big city is a discount market, not sure if I can find out... Chicago and Boston are assuredly not, maybe Detroit?
Even with discount pay you’d feel rich in Detroit since lots of homes can be bought for < $100...that’s right, $100...not to be confused with $100k...literally $100 😂
Majority of NOVA tech jobs relate to government contracts. TC is $100k to up to $250k with experience typically. Amazon will for sure be a top dog and steal all the talent. Will be interesting to what it does to Lockheed, Northrup, Raytheon. They are going to need to get a lot more competitive...
I hope you're right
Govt contracting pays a lot to do a small amount of work over a long period of time. Amazon will not convince those people to leave their comfy jobs. Tech companies in the area need to compete, and it looks like Amazon is starting out in 2019 at average salary of $150k and adjusting for inflation over time.
Tech Industry
Yesterday
2111
I’m Sooo Happy about Biden signing TikTok ban bill today!!
Tech Industry
Yesterday
469
How important is a promotion at this job?
Tech Industry
2d
39332
Worried that our top performer is an attrition risk. How do managers handle this?
India
Yesterday
214
Heard congress distributing wealth
Tech Industry
Yesterday
939
I haven’t done shit today!
Doubt it'll compete with Seattle. Probably will be Boston/Chicago tier. Not like anybody in the area has much of any other option.
Any reference to what the TC for Boston/Chicago is?
For new grads only SF & NY are premium markets, the rest are all paid the same whether it's Seattle or Colorado or Boston so I'd expect Virginia to be on par with Seattle