![]() For this list we focused on jobs paying above $240,000. We analyzed the data for over 35,000 active foreign worker-visas in the San Francisco Bay Area, including the city of San Francisco, numerous cities in Silicon Valley, and surrounding cities, to find some of the highest paid jobs at technology companies in the area. The Office of Foreign Labor Certification collects and processes those applications and publishes the salaries every year. While tech companies generally don't reveal reveal employee salary and compensation, except for its very top executives where it's required by federal regulations, American companies have to disclose salary data when they apply for visas on behalf of current or prospective foreign workers. That's created a competitive job environment, with companies willing to pay big bucks to attract top talent, with some salaries surpassing half a million dollars a year, according to a Business Insider analysis. It's where founders from all over the world come to start companies, and where some of the world's most prominent tech companies, like Apple, Google, Facebook, and Netflix, were founded. The San Francisco Bay Area is the hub of the tech industry. ![]() Visit Business Insider's homepage for more stories.Some of the tech industry salaries in the Bay Area went as high as $650,000. For this list we focused on jobs paying above $240,000.Companies seeking foreign workers must disclose salary data for particular jobs when they seek visas. We analyzed the data for over 35,000 active foreign worker-visas in the San Francisco Bay Area.The Bay Area is the hub of the tech industry, and it's where many of the world's most prominent tech companies, like Apple, Google, Facebook, and Netflix, were founded, creating an ultra-competitive market for tech talent.Business Insider analyzed the tech jobs in the San Francisco Bay Area that pay the highest salaries.Only Napa County, Solano County, and Sonoma County were below the California wage average, the federal report determined.Account icon An icon in the shape of a person's head and shoulders. Six of the nine Bay Area counties were above the statewide wage average. Weekly wages in all nine of the Bay Area’s counties were above the nationwide average. In the North Bay, average wages in the fourth quarter were $1,499 in Marin County, $1,201 in Sonoma County, $1,200 in Solano County, and $1,188 in Napa County, the Bureau of Labor Statistics reported. In the East Bay, average weekly wages were $1,577 in Alameda County and $1,415 in Contra Costa County. New York County posted a weekly average wage of $2,502, while the Boston area of Suffolk County achieved a weekly wage of $2,146 in the fourth quarter. “Even though tech is holding up relatively well, in this environment, wages could soften.” “A lot of tech companies were scrambling to find workers before the coronavirus hit, so that drove wages higher,” Vitner said. San Mateo County posted an average weekly wage of $2,622, while San Francisco County came in at an average of $2,523 during the October-through-December quarter of 2019. The statistics were contained in the Quarterly Census of Employment and Wages, or QCEW report, that the Bureau of Labor Statistics compiles. “The Bay Area had tremendous momentum provide to COVID 19.” “In some ways, the high wages would have helped the Bay Area economy against the coronavirus,” said Mark Vitner, senior economist with Wells Fargo Bank. Also in the top 10 is King County, a Washington State community that contains Seattle. ![]() Those five are all tech hubs, this news organization’s assessment of the federal statistics shows. 5, Suffolk County in Massachusetts, whose primary city is Boston. ![]() 4, New York County, which contains Manhattan and No. Nationwide, the top three counties with the highest average weekly wages were all located in the Bay Area: the counties of Santa Clara, San Mateo, and San Francisco. Bay Area workers went into the early stages of the coronavirus outbreak with some of the highest wages in the nation - and in the case of the South Bay, the highest wages - a new federal report shows.Īverage weekly wages in Santa Clara County during the final three months of 2019 were tops in the nation, a report from the U.S. ![]()
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