The website has revealed huge details about the salaries of TikTok employees, claiming that software engineers earn up to Rs 2 crore per year. here are the details.
TikTok, the social media giant that has captured the world’s attention, is known not only for its vibrant content but also for its competitive workplace. Now, Business Insider has revealed details about the high salaries of its employees, stating that software engineers earn up to Rs 2 crore per year. The cited source said that TikTok has approximately one billion monthly active users worldwide, and TikTok is expanding its team to meet the growing demand.
TikTok remains an employer of choice despite reports of a high-pressure work culture, according to the report. The company’s strategic appointments last year focused on key initiatives such as TikTok Shop and its data-driven e-commerce division, USDS. According to announcements on the career portal, TikTok is actively recruiting for over 2,500 positions in the US.
The report says the leaked salary data is based on thousands of work visa disclosures from the U.S. Foreign Labor Certification Authority. It claims the data revealed pay packages for specific roles at TikTok and its parent company, ByteDance. However, it should be noted that some of the numbers listed are minimum amounts provided in job applications for specific positions. Here’s an overview of some of the reported jobs and their corresponding average salaries.
Among them, the average salary of a backend software engineer in global e-commerce is $222,000 and ranges from $135,283 to $320,000. Accountants specializing in expense management earn $73,000. For backend machine learning engineers, the average salary is $157,680 and ranges from $157,680 to $175,000.
Back-end software engineers, another category, earn an average of $135,283 to $288,000, earning an average of $198,440. People working in advertising data earn an average salary of $160,000, ranging from $144,788 to $186,000. Back-end engineers focusing on video experiences earn $190,000. The average salary for a backend software engineer position at TikTok Privacy is $270,000 and ranges from $210,000 to $285,000. Data analysts and engineers earn an average salary of $160,000, ranging from $98,357 to $220,680 and $105,000 to $260,000, respectively.
Product managers reportedly earn an average salary of $204,375, with a range from $94,680 to $350,000. The average salary for scientists is $210,000, with a range from $150,000 to $345,800. Cloud networking engineers earn a whopping $405,000, while database software engineers/researchers earn an average of $305,000.