Special Report
America's Highest Paying Companies
April 1, 2015 6:46 am
Last Updated: December 4, 2019 10:00 am
15. TrueCar (NASDAQ: TRUE)
> Median annual compensation: $141,500
> Number of employees: 463
> Sector: Information technology
> Headquartered: Santa Monica, CA
TrueCar pays its workers an annual median of $141,500, the 15th highest median income figure compared to other companies reviewed on Glassdoor. The online car data provider had just 463 full-time employees as of the end of last year, a far lower headcount than other high-paying companies. Like other high paying companies, TrueCar operates in the information technology sector, which typically employs highly-educated individuals. A senior software developer, for example, is reported to be paid as much as $166,000 annually. TrueCar went public just last year. It reported revenues of more than $200 million in 2014. However, as payroll is among the company’s larger expenses, the company did not post a profit. Earlier this month, more than 100 car dealerships filed a lawsuit against TrueCar for false advertising, which may present difficulties to the company. Yet, the company’s stock price has been relatively stable since the lawsuit’s announcement.
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14. Synopsys (NASDAQ: SNPS)
> Median annual compensation: $143,000
> Number of employees: 9,436
> Sector: Information technology
> Headquartered: Mountain View, CA
Like a majority of high-paying companies, Synopsys is based in California and operates in the high-paying and fast-growing information technology sector. Founded in 1986, it is one of the older companies on this list. One of many chip and Internet companies in the Bay area, Synopsys mainly provides software and services for integrated circuits and electronic systems. When employees are well paid, they often have higher levels of job satisfaction and typically approve of their employers. The median annual salary among Synopsys workers is $143,000, and 94% of workers approve of CEOs Dr. Aart J. de Geus and Dr. Chi-Foon Chan.
13. Google (NASDAQ: GOOG)
> Median annual compensation: $143,500
> Number of employees: 53,600
> Sector: Information technology
> Headquartered: Mountain View, CA
Google was founded in 1998 and went public in 2004. Today, it is one of the largest companies in the world. The company reported 2014 revenue of more than $66 billion, up nearly 19% from the year before. The company can afford to pay its employees well. The median annual salary of Google employees is $143,500. Google also has among the most users compared to any company. According to the federal government’s Digital Analytics Program, Google Chrome is the most used browser in the world. According to Interbrand, only Apple had a higher brand value than Google in 2014. Google is widely used worldwide as well. More than half of the company’s revenues came from overseas in 2014, also up from 2013.
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