How much TikTok pays employees, according to salary data
source link: https://finance.yahoo.com/news/much-tiktok-pays-employees-according-203618267.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
How much TikTok pays employees, according to salary data
S&P 500
3,795.73+35.84(+0.95%)Dow 30
30,677.36+194.23(+0.64%)Nasdaq
11,232.19+179.11(+1.62%)Russell 2000
1,711.67+21.40(+1.27%)Crude Oil
104.03-2.16(-2.03%)- 1,824.00-14.40(-0.78%)
Silver
20.92-0.50(-2.32%)EUR/USD
1.0529-0.0041(-0.39%)10-Yr Bond
3.0680-0.0880(-2.79%)GBP/USD
1.2258-0.0004(-0.03%)USD/JPY
134.9080-1.2320(-0.90%)BTC-USD
20,803.51+876.59(+4.40%)CMC Crypto 200
447.92+15.70(+3.63%)FTSE 100
7,020.45-68.77(-0.97%)Nikkei 225
26,171.25+21.70(+0.08%)
How much TikTok pays employees, according to salary data
- AR-USD+6.24%
TikTok has been hiring aggressively in the US.
Insider combed through public data to get a snapshot of how much TikTok employees in the US make.
TikTok and owner ByteDance has offered base salaries between $30 an hour and $400,000 a year.
TikTok is hiring aggressively in the US where competition from big-tech rivals is heating up.
The app's user base exploded last year, passing one billion monthly active users globally, according to the company. And the growth led competitors like Instagram, YouTube, and Snapchat to roll out copycat features.
The company has been staffing up to stay ahead of the competition and meet growing demand from users. It currently has more than 2,000 US job openings listed on its website.
While current and former TikTok staffers have described the workplace culture as high pressure, with roles that can demand working outside of normal business hours, the company continues to attract applicants in cities across the US.
Insider updated its analysis of how much TikTok employees make in the US, based on more than a hundred new work-visa applications.
The public data, released by the US Department of Labor's Office of Foreign Labor Certification, shows how much TikTok and ByteDance offered to pay employees who it wanted to hire in the US through work visas. The data include base salaries only, not forms of compensation such as stock options or cash bonuses.
It shows, for example, that TikTok pays $100,000 per year or more for certain content-operations roles, and that ByteDance has offered as much as $200,000 per year for software engineers for its AR-effect platform.
Overall, TikTok and ByteDance offered certain staffers between October 2020 and March 2022 base salaries ranging from $30 an hour to $400,000 per year for a variety of different roles, according to the data.
Our full analysis breaks down salaries for jobs including product and engineering, data and research, and monetization and partnership-focused roles.
Read more about how much TikTok employees make, including recent salary offers for specific roles
Read the original article on Business Insider
- MarketWatch
Here’s how much the average working boomer has saved for retirement
Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 working Americans conducted recently showing much, or little, they have saved for retirement. Less than half of those surveyed have saved $100,000: Not even close to enough to support a median income of around $40,000 a year in retirement.
1d ago - Fortune
A bear market can be a boon for young investors. For retirees, it’s a different story
There's no way to go back to pre-bear-market times. But there are a few money moves retirees or near-retirees can make to protect their finances.
1d ago - Yahoo Finance Video
Retirement accounts pummeled as a result of market volatility
Yahoo Finance's Kerry Hannon details the decline in retirement accounts amid recent market volatility as people seeking to retire aim to minimize impacts on 401(k) returns, in addition to how millennials are approaching retirement and Social Security savings.
1d ago - Reuters
U.S. tech companies yank job offers, leaving college grads scrambling
One by one, over the last week of May, Twitter Inc rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate product manager living in Toronto, told Reuters. More than 21,500 tech workers in the United States have lost their jobs so far this year, according to Layoffs.fyi, a website that monitors job cuts.
1d ago - The Wall Street Journal
Pornhub Parent Company’s CEO, COO Are Departing as Scrutiny Builds Over Alleged Nonconsensual Content
The resignations come amid scrutiny of alleged nonconsensual sexually explicit videos hosted on the site. MindGeek, Pornhub’s parent company, said the departures are unrelated to the accusations.
2d ago - TheStreet.com
How Can it Be 'Retirement' if You Have to Keep Working?
One byproduct of that generational realignment is the willingness, or need, to keep working in retirement. Increasingly, more Americas closing in on retirement expect to work during their "Golden Years". According to Allianz Life Insurance Company of North America's 2022 Retirement Risk Readiness Study, 59% of near-retirees say they are planning to work past the current Social Security retirement age; yet only 11% of current retirees actually did so.
2h ago - Reuters
Record numbers of Chinese graduates enter worst job market in decades
Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job upon graduation, following four rounds of arduous interviews. China's COVID restrictions have battered an economy already slowing due to a property market downturn, geopolitical worries and regulatory crackdowns on tech, education, and other sectors. A cohort of graduates larger than the entire population of Portugal is about to enter one of China's worst job markets in decades at a time when youth unemployment is already more than three times China's overall joblessness rate, at a record 18.4%.
15h ago - Barrons.com
Millennials Will See Major Cuts in Social Security. Here’s How Big.
Millennials need to save more over their careers to make up for a projected 20% lifetime reduction in Social Security benefits, according to a report by HealthView Services.
1d ago - The Wall Street Journal
Big Changes to 401(k) Retirement Plans Get Closer With Senate Vote
Measure advanced by a Senate committee includes new savings incentives for workers and looser rules for emergency withdrawals.
1d ago - SmartAsset
Got a Cash Windfall? It Could Affect Your Social Security
The windfall elimination provision (WEP) reduces Social Security benefits for certain employees who may be double-dipping on a pension.
1d ago - CNW Group
Denison Announces Execution of Agreements with Kineepik Métis Local #9
Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a Participation and Funding Agreement (the "Participation Agreement") with Kineepik Métis Local #9 ("KML"), which expresses Denison's and KML's mutual commitment to the co-development of an agreement supporting the advancement of the in-situ recovery ("ISR") uranium mining operation proposed at the Company's 95% owned Wheeler River Uranium Project ("Wheeler River Proje
11h ago - Yahoo Finance
Big oil executives to receive 'stern message' on gas prices from Biden administration
As a part of a range of actions this week on gas prices, the Biden administration has summoned seven of the nations top oil refining companies to Washington for a meeting.
8h ago - MarketWatch
This legislation could help you save more for retirement, balance your student loans, find lost 401(k) plans — and more
Retirement savers might find themselves with more incentives and benefits to bolster their nest egg soon, as the Senate continues to work on legislation to enhance retirement security. The Senate Finance Committee unanimously approved the Enhancing American Retirement Now Act, or EARN Act, during a hearing on Wednesday. The meeting came weeks after the Senate Health, Education, Labor and Pensions Committee released draft legislation and advanced the RISE & SHINE Act, another retirement-focused piece of legislation.
4h ago - American City Business Journals
Allegheny Technologies moves headquarters, changes its name to ATI
One of Pittsburgh’s biggest public companies is Pittsburgh-based no more. Allegheny Technologies Inc. on Wednesday said it is changing its name to ATI Inc., and that it is now headquartered at its executive office in Dallas, according to a filing with the U.S. Securities and Exchange Commission. The company said in the filing that the headquarters move provides “an independent, centralized headquarters location” expected to strengthen its strategic focus and support the independent functioning of its other operating hubs located throughout its corporate footprint.
1d ago - Barrons.com
Gas Prices Are Coming Down, With or Without Biden’s Tax Holiday
Prices are falling on their own and should drop even more. Besides a tax break wouldn't save drivers all that much anyway.
1d ago - Reuters
Deep rift lies behind Biden's criticism of oil and gas industry
U.S. President Joe Biden has publicly criticized oil and gas executives for banking big profits from high gasoline prices but he has rarely spoken directly to the heads of energy companies or their representatives, White House records and interviews with industry sources show. Biden said at a labor union event this month that Exxon Mobil Corp "made more money than God this year" and sent a letter to seven oil and gas companies calling on them to increase production to help ease the burden on consumers. His actual engagement with energy company officials is rare, however, according to the industry sources and records, a marked contrast to Biden's meetings with top executives in retail, logistics and agriculture, as the government grapples with inflation at a 40-year high and supply chain snarls.
1d ago - Motley Fool
5 No-Brainer Buys During a Bear Market
These businesses all produce essential products for their industries, making them unlikely to be cut during an economic downturn.
11h ago - MarketWatch
Netflix co-CEO Sarandos says streaming service is bringing ads to platform
Netflix Inc. Chief Executive Ted Sarandos made it official Thursday: Ads are coming to the streaming service, and the company is huddling with potential business partners to make it happen.
6h ago - Reuters
Toyota recalls first mass-produced EVs less than 2 months after launch
TOKYO (Reuters) -Toyota Motor Corp said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) for the global market because of a risk the wheels could come loose. The world's largest automaker by sales submitted the recall of the bZ4X SUVs to Japan's transportation ministry. Of the 2,700 vehicles, 2,200 were earmarked for Europe, 260 for the United States, 20 for Canada and 110 for Japan, the company said.
9h ago - Reuters
Russian oil tankers get India safety cover via Dubai company
NEW DELHI/LONDON (Reuters) -India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow. Certification by the Indian Register of Shipping (IRClass), one of the world's top classification companies, provides a final link in the paperwork chain - after insurance coverage - needed to keep state-owned Sovcomflot's tanker fleet afloat and delivering Russian crude oil to overseas markets.
1d ago - Yahoo Money
Retirement savers lose over $3 trillion in stock market retreat
Americans lost $1.4 trillion in their 401(k) accounts and another $2 trillion in IRAs.
1h ago - MarketWatch
These dividend stocks yield at least 5% and have plenty of room to raise payouts
DEEP DIVE This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts considerably.
10h ago - The Wall Street Journal
McDonald’s Tightens Restaurant Ownership Rules as It Looks for New Franchisees
McDonald Corp. is planning to make some of the biggest changes in decades to the franchising system that underpins its U.S. operations, as it seeks to reinvigorate its base of restaurant owners. Executives this week notified the burger chain’s franchisees that they will have to go through a more stringent review every 20 years to keep their restaurants, according to an email to franchisees viewed by The Wall Street Journal. McDonald’s will consider new factors, like performance history, as it asks owners to apply to keep their locations.
1h ago - The Independent
Elon Musk says Tesla factories are ‘money furnaces’ losing billions of dollars
‘It’s really like a giant roaring sound, which is the sound of money on fire,’ Mr Musk said
10h ago - TheStreet.com
EV Sales are Surging, so Why Are Automakers Planning Layoffs?
While electric vehicles are enjoying an unprecedented surge in popularity, ongoing supply chain problems, and growing recession fears are beginning to hit the automotive industry. EV sales rose 65% in Europe last year and doubled in the United States. The popularity of electric vehicles has increased during the past two years as more automakers have launched additional options for sedans, SUVs and pickup trucks, but obstacles remain as the global economy slows down amid higher inflation and interest rates.
1d ago - MarketWatch
Even bosses are burning out — almost 70% of C-suite executives ‘seriously considering quitting’ for their well-being
Nearly 70% of company executives say they are “seriously considering quitting for a job that better supports their well-being,” according to a new report from Deloitte and market research firm Workplace Intelligence released Wednesday. The poll surveyed 2,100 employees and C-level executives in the United States, the United Kingdom, Canada and Australia in February. A smaller proportion employees (57%) also reported having the luxury of “seriously” considering quitting to take another job that supports their wellness.
1d ago - Reuters
U.S. refiners to urge White House not to ban fuel exports -sources
U.S. refiners will try to convince the Biden administration not to ban exports of U.S. fuel to combat record gas prices during a meeting scheduled for Thursday, according to sources familiar with the plans. The White House has called an emergency meeting with top U.S. refiners to discuss ways to bring down record gas prices that have driven inflation to 40-year highs. The meeting follows weeks of mudslinging between U.S. President Joe Biden and oil companies over who is to blame for the price spikes, which are affecting consumers worldwide.
1d ago - Reuters
U.S. weighs lifting summer smog rules to lower gasoline prices
U.S. Energy Secretary Jennifer Granholm expressed interest in potentially lifting smog-fighting gasoline regulations and backed off a plan to ban fuel exports during an emergency meeting on Thursday with top refiners, two sources familiar with the talks said. The two sides entered the meeting with a promise to work together in good faith, but amid a tense moment for President Joe Biden and Big Oil. The president has criticized industry CEOs for reaping huge profits from a fuel supply crunch exacerbated by Russia's invasion of Ukraine.
11h ago - Reuters
Germany triggers gas alarm stage, accuses Russia of 'economic attack'
Germany triggered the "alarm stage" of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs to customers in Europe's largest economy. The measure is the latest escalation in a standoff between Europe and Moscow since the Russian invasion of Ukraine that has exposed the bloc's dependence on Russian gas supplies and sparked a frantic search for alternative energy sources. The step is a largely symbolic signal to companies and households but marks a major shift for Germany, which cultivated strong energy ties with Moscow stretching back to the Cold War.
15h ago - Reuters
Cisco, Nike quit Russia, as pace of Western firms leaving speeds up
(Reuters) -U.S. companies Cisco Systems and Nike plan to fully exit Russia, the two firms told Reuters on Thursday, as the pace of Western firms departing accelerated. Telecoms equipment maker Cisco will wind down its business in Russia and Belarus, the company said. Nike is making a full exit from Russia three months after suspending its operations there, the sportswear maker said.
7h ago - Bloomberg
Biden’s Plan to Pause Gas Tax Threatens to Boost Prices, Hess Says
(Bloomberg) -- President Joe Biden’s plan to suspend the federal gasoline tax would only make things worse for US drivers, one industry CEO said ahead of a meeting in Washington between oil executives and administration officials. Most Read from BloombergElon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsThe World’s Bubbliest Housing Markets Are Flashing Warning SignsJuul Soon to Be Ordered Off the Market by FDA, WSJ ReportsRecession Worries Boost Treasuries; Stocks Advance: Mar
7h ago - Investopedia
Top Stocks for June 2022
The Russell 1000 Index is a market-capitalization-weighted index of the 1,000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization (market cap) of all listed stocks in the U.S. equity market. The dividend is payable on June 8 to shareholders of record as of May 9, 2022.
2h ago - The Wall Street Journal
U.S. Gas Sales to China Dry Up as Ukraine War Disrupts Energy Trade
In a redirection of flows because of the Ukraine war, America is selling more to Europe, while Russia is becoming more dependent on sales to China.
9h ago - American City Business Journals
Boeing exec plays up 737 Max 10's appeal as competitor to Airbus' A321neo
Boeing's marketing lead says the Max 10 competes most directly against the Airbus' largest A321neo variant, the XLR, which makes up only around 10% of the plane’s overall orders.
23h ago - FX Empire
Crude Oil Price Forecast – Crude Oil Markets Pierce the Trendline
Crude oil markets got hammered during the day on Wednesday as recessionary fears continue to be a major problem.
1d ago - MarketWatch
U.S. oil futures log a second consecutive day of losses
Oil futures fell for a second consecutive session on Thursday, with U.S. prices marking their lowest settlement in more than six weeks. Oil has declined on "concern that slowing economic activity will prompt a falloff in demand," said Michael Hewson, chief market analyst at CMC Markets UK. West Texas Intermediate crude for August delivery fell $1.92, or 1.8%, to settle at $104.27 a barrel on the New York Mercantile Exchange, the lowest front-month contract finish since May 10, FactSet data show.
3h ago - MarketWatch
Oil extends price losses into a second session as recession fears rise
Oil futures extend their losses into a second session on Thursday, with U.S. prices booking their lowest finish in more than six weeks as recession worries rise.
2h ago - The Wall Street Journal
Oil Refiners an Easy, but Odd, Target for Pump-Price Surge
Refiners are being blamed for surging fuel prices. While they are logging bumper profits, that tends to be the exception, not the rule.
10h ago - Yahoo Finance
Walmart still under pressure amid rampant inflation, specifically gas prices
Walmart U.S. CEO John Furner presented at the annual Jefferies Nantucket Consumer Conference this week, and it's clear that inflation is still weighing on the retailer.
9h ago - American City Business Journals
Oil's presence in downtown Denver shrinks despite price boom
Once half of all downtown Denver office space, the oil industry's real estate footprint has been winnowed by M&A and downsizing.
8h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK