By Madeline Wells, SFGATE Updated 1:25 pm PDT, Wednesday, June 26, 2019 According to SEC filings, the median pay for Google employees last year was $246,804. According to SEC filings, the median pay for Google employees last year was $246,804. Photo: Jens Meyer, Associated Press Photo: Jens Meyer, Associated Press Image 1 of / 35 Caption Close Image 1 of 35 According to SEC filings, the median pay for Google employees last year was $246,804. According to SEC filings, the median pay for Google employees last year was $246,804. Photo: Jens Meyer, Associated Press Here’s how much Silicon Valley tech workers actually make 1 / 35 Back to Gallery Surprise, … [Read more...] about Here’s how much Silicon Valley tech workers actually make
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By Marisa Kendall | [email protected] | Bay Area News Group PUBLISHED: March 29, 2019 at 6:00 am | UPDATED: March 29, 2019 at 6:05 am The Silicon Valley tech industry is ponying up another $10 million to fix the region’s housing shortage, this time with a contribution from Sunnyvale-based NetApp. On Friday the cloud data services company planned to announce a $10 million investment in building and preserving low-cost housing around the Bay Area. The move makes NetApp the latest in a string of local tech companies to address the housing crisis, as skyrocketing home and rent costs make it increasingly difficult for low and middle-income workers to live here. “We’re really proud to be making this investment,” said NetApp general council Matt Fawcett. “I would say this is one piece of a much larger multi-year, multi-human-being investment in supporting our community.” The money will go into the TECH Fund — an affordable housing fund … [Read more...] about Silicon Valley tech pours another $10 million into housing crisis
By George Avalos | [email protected] | Bay Area News Group PUBLISHED: February 25, 2019 at 1:08 pm | UPDATED: February 25, 2019 at 1:15 pm SAN JOSE — The technology boom still fuels the Silicon Valley economy, and at a pace that tops or equals all of the innovation region’s rivals — but more people continue to exit the costly and traffic-choked region every month that arrive, according to an economic report released Monday. Silicon Valley’s technology industries during 2017 set the pace for employment growth nationwide and outpaced Seattle, Southern California, Boston and New York City, and was equaled only by the Texas city of Austin, the report from the Silicon Valley Competitiveness and Innovation Project showed. However, amid traffic jams and soaring home prices, a growing number of people appear to have defected from Silicon Valley, according to the report. “A net average of 165 residents left Silicon Valley each month in 2017, an … [Read more...] about Silicon Valley tech boom continues, but residents are exiting costly region
Silicon Valley tech company creating 150 new jobs in Belfast BelfastTelegraph.co.uk A Silicon Valley-based tech company is creating 150 new jobs in Belfast. https://www.belfasttelegraph.co.uk/business/silicon-valley-tech-company-creating-150-new-jobs-in-belfast-37853483.html https://www.belfasttelegraph.co.uk/incoming/article37853542.ece/9c711/AUTOCROP/h342/signifyd.jpg Email A Silicon Valley-based tech company is creating 150 new jobs in Belfast. Weekly Business Digest Newsletter Signifyd makes software to help online businesses detect fraud. Its headquarters are in San José, near San Francisco. The company are setting up a global research and development centre at River House in the city centre. The 150 new jobs will have average salaries of over £30k. Invest NI has pledged £981,500 to support the project. Signifyd co-founder and CEO Raj Ramanand said that they were delighted to be setting up an operation in Belfast. “As we studied different … [Read more...] about Silicon Valley tech company creating 150 new jobs in Belfast
By Marisa Kendall | [email protected] | Bay Area News Group PUBLISHED: January 17, 2019 at 12:13 pm | UPDATED: January 17, 2019 at 12:14 pm Microsoft’s promise to pony up $500 million for Seattle-area housing has Silicon Valley buzzing, full of hope that tech titans here will pour similar sums into fighting the housing shortage in their own back yards. The Redmond-based company pledged $225 million Wednesday evening for middle-income housing, $250 million for low-income housing and $25 million for homelessness solutions — the software giant’s answer to its hometown’s rising prices and jobs-housing imbalance. It’s a drool-worthy amount to Bay Area housing advocates, who for years have been urging local cash-flush tech companies to set aside more funds to build and preserve affordable and work-force housing. “I’m hoping this exciting news is one more prompt for employers, individuals and foundations of all types to step … [Read more...] about Microsoft pledged $500 million for housing. Now what will Silicon Valley tech do?