Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • 12 Big Ideas From Business Books Published In 2024
    • Struggling with Finances? These Payment Solutions Will Save You
    • Why Workers Are Leaving High-Cost States — and What It Means for Employers
    • Why Startup Founders Need to Look Beyond Traditional Funding
    • The 5 Fears Every Entrepreneur Must Face — and Overcome
    • How They Grew $200k to $3M Side Hustles After Being Laid Off
    • How Shaquille O’Neal’s Big Chicken Got Started
    • Last Chance to Get Our Unbeatable Babbel Deal
    Swanky Trader
    Wednesday, October 22
    • Home
    • Finance
    • Personal Finance
    • Make Money
    • Make Money Online
    • Money Saving
    • Passive Income
    • Investing
    • Shop
    Swanky Trader
    Home»Passive Income

    How Much Do OpenAI Employees Make? Technical, Product Jobs

    SwankyadminBy SwankyadminDecember 16, 2024 Passive Income No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    Does OpenAI overpay staff?

    Elon Musk’s AI firm, xAI, filed a 107-page complaint in opposition to OpenAI in November, accusing the ChatGPT maker of “aggressively recruiting staff with provides of lavish compensation” and spending “$1.5 billion on personnel for simply 1,500 staff.” The precise variety of staff OpenAI has is unclear: In keeping with the worker database RocketReach, OpenAI has 4,768 staff members.

    Musk alleges that OpenAI has tried to scale back competitors by “providing vastly inflated compensation” to usher in extra AI expertise than it wants to stop opponents from hiring these folks.

    So, what does OpenAI’s compensation appear like, and is it actually as “lavish” or “inflated” as Musk makes it out to be? A new Business Insider analysis examined wage information from specialty visa functions filed by OpenAI final 12 months.

    Associated: Microsoft’s Salary Guidelines Were Leaked — Here’s How Much New Employees Make

    The information applies to international staff employed by OpenAI on specialty visas, just like the H-1B, and provides a peek into the in any other case undisclosed pay that OpenAI provides its staff.

    BI in contrast the specialty visa wage information to the “prevailing wage,” or common wage paid to staff as decided by the U.S. Division of Labor. Workers employed on specialty visas should make a minimum of as a lot because the prevailing wage.

    BI’s comparability exhibits that OpenAI usually provides pay above the prevailing wage for a number of roles, together with communications and information science positions. The 86 roles for which BI obtained specialty visa information have salaries starting from $145,000 to $530,000 and paid, on common, 87% greater than the norm set by the Division of Labor.

    Musk’s xAI provided the same vary by comparability, paying 10 roles salaries starting from $250,000 to $500,000. Nonetheless, xAI’s salaries had been solely 37% greater than the common prevailing wage, indicating much less of a spot between anticipated salaries and pay that staff had been awarded.

    Associated: How Much Do Tesla Employees Make? Internal Docs Reveal the Surprising Salaries of Elon Musk’s ‘Hardcore’ Staffers.

    How A lot OpenAI Pays

    These are the highest 5 roles for which OpenAI paid essentially the most above the prevailing wage, in keeping with specialty visa information. These jobs have the best % distinction between the common prevailing wage and the common wage at OpenAI.

    1. Member of Communications Employees

    Common wage paid by OpenAI: $286,000

    Common prevailing wage: $95,098

    P.c distinction: 201%

    2. Member of Knowledge Science Employees

    Common wage paid by OpenAI: $310,000

    Common prevailing wage: $116,646

    P.c distinction: 166%

    3. Member of Product Employees

    Common wage paid by OpenAI: $310,000

    Common prevailing wage: $134,590

    P.c distinction: 130%

    4. Member of Technical Employees (Analysis & AI Programs)

    Common wage paid by OpenAI: $399,545

    Common prevailing wage: $176,123

    P.c distinction: 127%

    5. Member of Technical Employees (Software program Engineering)

    Common wage paid by OpenAI: $289,373

    Common prevailing wage: $141,001

    P.c distinction: 105%

    For the complete report, click on here.

    [ad_2]

    Source link

    Swankyadmin
    • Website

    Keep Reading

    12 Big Ideas From Business Books Published In 2024

    Struggling with Finances? These Payment Solutions Will Save You

    Why Workers Are Leaving High-Cost States — and What It Means for Employers

    Why Startup Founders Need to Look Beyond Traditional Funding

    The 5 Fears Every Entrepreneur Must Face — and Overcome

    How They Grew $200k to $3M Side Hustles After Being Laid Off

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    12 Big Ideas From Business Books Published In 2024

    December 24, 2024

    Struggling with Finances? These Payment Solutions Will Save You

    December 24, 2024

    Why Workers Are Leaving High-Cost States — and What It Means for Employers

    December 24, 2024

    Why Startup Founders Need to Look Beyond Traditional Funding

    December 24, 2024

    The 5 Fears Every Entrepreneur Must Face — and Overcome

    December 24, 2024
    Categories
    • Finance
    • Investing
    • Make Money
    • Make Money Online
    • Money Saving
    • Passive Income
    • Personal Finance
    About us

    Welcome to Swanky Trader, your go-to resource for all things finance, making money, and personal finance management. Whether you're looking to boost your income, learn about smart investment strategies, or save more effectively, Swanky Trader is here to guide you on your financial journey.

    Our blog covers a wide range of topics designed to empower you with the knowledge and tools you need to achieve your financial goals. At Swanky Trader, we're passionate about helping you unlock your financial potential and achieve financial freedom. Join us on this exciting adventure towards financial success!

    Popular Posts

    12 Big Ideas From Business Books Published In 2024

    December 24, 2024

    Struggling with Finances? These Payment Solutions Will Save You

    December 24, 2024

    Why Workers Are Leaving High-Cost States — and What It Means for Employers

    December 24, 2024

    Why Startup Founders Need to Look Beyond Traditional Funding

    December 24, 2024
    Categories
    • Finance
    • Investing
    • Make Money
    • Make Money Online
    • Money Saving
    • Passive Income
    • Personal Finance
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Swankytrader.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.