Nvidia has rapidly surged in valuation to $4 trillion, benefiting its relatively small workforce of about 36,000 employees. The concentration of wealth among employees is unprecedented. A mid-career hardware engineer in 2022 received a salary of $180,000, stock worth $50,000, and a $40,000 signing bonus which has now escalated to almost $700,000 in stock value, leading to total compensation of $851,000. Many senior staff members likely hold even greater wealth, given the stock appreciation since then.
Nvidia's rapid rise to $4 trillion has created a breathtaking windfall for its relatively small workforce. The AI chip company employs only about 36,000 people, representing an unprecedented concentration of wealth.
Levels.fyi took a look at a real Nvidia job offer from September 2022. A mid-career hardware engineer got this pay package back then: $180,000 salary, $50,000 in stock, and a $40,000 cash signing bonus.
Hakeem Shibly estimated that this relatively small stock grant would be worth almost $700,000 now, for total compensation of $851,000. Usually, tech companies give extra stock awards each year.
Lee McKeeman pointed out that many Nvidia employees were more senior back in late 2022, implying those individuals have likely experienced even more significant financial growth.
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