This article is about a thorny issue in tech–compensation. Websites like Blind, Paysa, and levels.fyi have revealed numerous issues with how people in tech are paid, with the gender pay gap being the most well known. Employers are cagey about disclosing their reasons behind deciding how much employees get paid, and they encourage their workers to treat salary as a taboo subject that mustn’t be broached. This behavior helps the employers’ bottom line by keeping wages depressed.

It also leads to pay inequity. As new graduates entering the workforce, compensation has (unfortunately) become an important issue in our lives. College was expensive, and we each took out student loans to pay for our education. Now, as we are reviewing job offers and deciding where to begin our careers, we’ve begun to wonder whether or not the cost of our education was worth it when faced with the prospect of having to pay these loans off. This leads to an important question: Does the college you go to affect how much money you can make in industry? Folks in other fields have found something they call the “Ivy League Pay Gap” – where Ivy League graduates’ median salaries 10 years after starting school is over $36,000 more than their non-Ivy League counterparts. We wanted to find out whether something like this exists specifically in the tech industry. Levels.fyi and Glassdoor have lots of information on compensation based on experience in tech, but nothing connects one’s university background to how much employers decide to pay.

#college #tech-careers #education #salary #compensation #go