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.) https://www.google.com/amp/s/www.bizjournals.com/sanjose/news/2018/09/20/top-paying-tech-companies-fb-goog-splunk-splk-intc.amp.html
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).
Has the data scandal affected that figure so far?
Facebook going to slow hiring this year to a permanent head count?
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
What did you end up going with to replace Splunk?
Graylog is a good replacement for Splunk
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).
This one is median
Median will still be skewed considering the size difference.
Looking at the above replies, the report seems to have touched a nerve.
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.
What are Splunk TC stats on level-by-level basis for eng ladder?
It’s good music ,till it stops.
This. We will not be so happy when market forces fudge up the stock price
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.
+1 how can I get a referral in Splunk?