Splunk pays its typical worker more than $256,000 – and it's not Facebook, Google or Intel

Splunk Ou6582
Sep 23, 2018 31 Comments

The highest-paying big Bay Area tech employer isn't a behemoth like Google, Salesforce or Intel. It's not even Facebook, although the typical worker at the Menlo Park social media giant takes home a whopping $240,430 annual salary.

It's Splunk Inc. — the fast-growing data-processing software firm that's doubling its Bay Area footprint and recently leased an entire new office building at San Jose’s Santana Row project.

The median worker at Splunk (NASDAQ: SPLK) makes a $256,370 per year, according to its public company filings with the U.S. Securities and Exchange Commission. That's almost $16,000 more than your typical Facebook worker makes and an amazing $43,000 more than what the median Googler takes home. (Median pay means half of the company’s employees, not including the CEO, make less, and half make more.)

gle.com/amp/s/kkkk://www.bizjournals.com/sanjose/news/2018/09/20/top-paying-tech-companies-fb-goog-splunk-splk-intc.amp.html

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TOP 31 Comments
  • Facebook 1+1=10
    Congrats! Glad the company pays its staff pretty well!

    Just checked recently how good Splunk would be from investment point of view. Was not damn impressed with the financials. Hitting a $1b+ in 13 years with an operating loss of 9-digits figure didn’t convince me to invest. Also, as per the above report, a company paying $256k median comp and bringing only average $397k revenue doesn’t sound like a great business model (for ref, FB is on track generating ~1.5m revenue / permanent headcount this year.. i.e. excluding contractors).
    Sep 23, 2018 2
    • New / IT webdye
      Has the data scandal affected that figure so far?
      Sep 23, 2018
    • Oath OPnd70
      Facebook going to slow hiring this year to a permanent head count?
      Sep 23, 2018
  • New / IT sxDz42
    This just confirms that the product is over priced. We were a customer the splunk cloud product is absolutely shit. The splunk on prem product is brilliant. But the cost of licensing is just outrageous. Wavefront, elastic search, kibana, logly - tons of competitors in the market space and with what the above mentioned financials report told me also - I'm staying away from investing, also we dropped splunk as a customer and are fine for it
    Sep 23, 2018 6
    • Micro Focus / Product cFreePO
      What did you end up going with to replace Splunk?
      Sep 23, 2018
    • Yahoo rida
      Graylog is a good replacement for Splunk
      Sep 23, 2018
    • Splunk Hgf765532
      Splunk pricing is very cheap
      If you use the same data sources across multiple groups - IT Ops, Security, DevOps. It is expensive if you don’t take advantage of the platform. It’s that simple
      Sep 23, 2018
    • New / IT sxDz42
      But you work there. So no. It's not. Lol. It's $1000 per GB ingested per month. Imagine paying $2k for a 2gb movie downloaded at home because your ISP charges you at data ingestion. Sure you can watch it on 4 TV's in 4 rooms and replay it whenever. But that movie still cost you $2k. The more places you watch and reuse it gets cheaper. But if you watch it once the per view cost is outrageous. Think about all the devices that vomit out data. And iot devices that just spew informational logs. The amount of data invested versus the amount of usable data ingested and actionable data that provides use is where splunk makes it's money. They want to shade the ability for you to gray out unusable data and pay at ingestion coming to find out you only perform action on 12% of that data. They don't care if you never touch or analyze or perform any business action on the 88% you still have to pay for it. Dumb.
      Sep 23, 2018
    • Google GAFAM
      Lol, it only costs a trillion dollars per exabyte.
      Sep 23, 2018
    • Splunk / Eng Hk:H
      After discount gives you 600k per year for a daily 1TB. You can hire 5 engineers and pay them 1M per year to build and maintain that pipeline using elk or whatever. You still need to rely on them to build analytics platform on top of elk to dig out values. For google facebook yes it is not a problem and I would be suprised if they use splunk as they have such good infra teams. For small companies yes it is expensive. But for many big companies not in tech sector it is a good choice. I think splunk dont want people to use it just as a log tool, and the strategy is that it is ok with customers going with cheaper log tool if they just need to dump and search for bugs.
      Sep 23, 2018
  • Oracle
    Softie4

    Oracle

    PRE
    Apple
    Softie4more
    Looking at the above replies, the report seems to have touched a nerve.
    Sep 23, 2018 0
  • Google arrestable
    For company of the size of G/FB, average TC/employee tends to go down due to sheer variance in pay and size. But if you take a subset of people and make it as the same size of Splunk, I can tell you G/FB will blow past Splunk in terms of compensation. (I am only talking about mature public companies).
    Sep 23, 2018 2
    • New Neww
      This one is median
      Sep 23, 2018
    • Google arrestable
      Median will still be skewed considering the size difference.
      Sep 23, 2018
  • New / Consultant
    LalaBro

    New Consultant

    BIO
    A lot of truth is said in jest , life is one. - Eminem & Me.
    LalaBromore
    It’s good music ,till it stops.
    Sep 23, 2018 1
    • Splunk / Eng
      MrSplow

      Splunk Eng

      PRE
      Microsoft
      MrSplowmore
      This. We will not be so happy when market forces fudge up the stock price
      Sep 24, 2018
  • HPE / Eng brotein
    Can I get a referral? I work on a competing product but a lot of our folks left for Splunk and it seems great, can DM you with more details.
    Sep 23, 2018 1
    • Microsoft FvKQ20
      +1 how can I get a referral in Splunk?
      Sep 23, 2018
  • Google Hun567Tr
    Always confused by this type of articles - is this TC or salary only? They use the word “salary” but I highly doubt avg salary is 250k.
    Sep 23, 2018 5
    • Splunk / Eng
      renaissanc

      Splunk Eng

      BIO
      Engineering
      renaissancmore
      It is not the avg, it is the median, dawg. Avg is probably even higher.
      Sep 23, 2018
    • Google Hun567Tr
      TC or salary?
      Sep 23, 2018
    • Splunk / Eng
      MrSplow

      Splunk Eng

      PRE
      Microsoft
      MrSplowmore
      TC
      Sep 23, 2018
    • Splunk Hgf765532
      Total comp
      Sep 24, 2018
    • Splunk / Eng
      investguru

      Splunk Eng

      BIO
      Engineering
      investgurumore
      TC
      Sep 24, 2018
  • Google poDV10
    What are Splunk TC stats on level-by-level basis for eng ladder?
    Sep 23, 2018 4
    • Splunk / Eng Hk:H
      Check level.fyi. But 250k is more like for P3 (Between T3 T4). Then 300 for P4 (Usually mapped to T4) and 400-500 for P5. Dont know for higher ladders yet
      Sep 23, 2018
    • Intel 289
      Noob ques ... P3 is how many yoe?
      Sep 24, 2018
    • Splunk / Eng Hk:H
      2-3 yoe I think...
      Sep 24, 2018
    • Splunk petabytes
      I'm a P5 at Splunk and make nowhere near 400-500 TC.
      Sep 28, 2018
  • Google vFuI65
    Do they include stocks in salaries?
    Sep 23, 2018 1

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