Hello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Please subscribe to Business Insider here to get this newsletter in your inbox every Sunday.
There’s often a large degree of secrecy over salaries.
To shed a little light on who pays what, our reporters have been analysing disclosure data for permanent and temporary foreign workers released by the US Office of Foreign Labour Certification to gauge how much companies offered to pay foreign staffers they sought to hire in the US through work visas.
As I’ve noted in the past, the data only reveals what companies pay foreign workers in roles for which they hired immigrant workers in fiscal year 2019. And the database also does not appear to include equity grants.
But the data is still valuable. Want to get a sense of how much the PR industry pays? Here you go. Or if you’re thinking of making a move, you can get a sense of how much you can earn in the tech industry based in Seattle or Texas.
Below are a range of titles at 10 different companies. Click on the link to see salaries for other roles at that company and at others like it.
- Accenture – Data science manager: $US151,500
- IBM – Government cloud field marketing leader (New York): $US172,000
- Microsoft – Senior software engineer lead: $US182,575
- Nike – Innovation director, digital innovation: $US205,510
- PwC – Advisory principal: $US804,751
- Salesforce – SVP, software engineering (California): $US227,802
- Spotify – Machine learning engineer: $US230,000
- TikTok – Principal Research Scientist: $US300,000
- Walmart – iOS engineer: $US167,500
- WPP – Chief creative officer: $US830,000 to $US880,000
You can also check out this interactive database from Rob Price, Skye Gould, and William Stevens breaking down how much Apple, Tesla, Amazon, and 10 other tech giants pay their workers, from engineers to salespeople.
Amazon’s new No.2
Eugene Kim reports:
Amazon is turning to a 20-year company veteran with deep logistics chops for its new retail CEO position, a highly influential job that is widely considered the second most powerful after company founder and CEO Jeff Bezos.
Amazon announced that Dave Clark, SVP of worldwide operations, will become CEO of worldwide consumer when Jeff Wilke, who has been seen as Bezos’s right-hand man, steps down from the position early next year. The job oversees everything from Amazon’s core retail business to its massive shipping and logistics arm, as well as its growing physical stores segment, including Whole Foods.
You can read more on Clark’s elevation here:
- Amazon just promoted Dave Clark, a former warehouse manager with a music degree, to be its new retail CEO after having ‘tested’ him for years
Eugene, Rachel Premack, and Hayley Peterson profiled Clark back in May, focusing on his role in charge of shaping Amazon’s COVID-19 response, including changes in the supply-chain network and warehouse safety policies. You can read that story here:
- How Dave Clark, the mastermind behind Amazon’s coronavirus response, became one of the most powerful executives in America
Amazon also added three new executives to the company’s “S-team,” a group of 25 top leaders who work on the company’s most important issues, Eugene reported. Most notably, it added Alicia Boler Davis, VP of global delivery services, to the S-team, making her the first woman of colour to join the group. Here’s the full list:
- Amazon’s big shakeup: Jeff Bezos’s No. 2 leaves, and the top leadership circle adds its first Black woman – here’s the full list of Bezos’s ‘S-team’
Operation Warp Speed
Moncef Slaoui, the chief adviser to Operation Warp Speed, the US government’s program to deliver a safe and effective coronavirus vaccine as soon as possible, talked to Andy Dunn in a rare interview. Here are some of the highlights:
- Slaoui shared his best timeline on the race for a COVID-19 vaccine and predicts a return to normal in the 2nd half of 2021.
- He explained how Operation Warp Speed decided which 6 candidates to back with massive multibillion-dollar deals.
- Slaoui said some biotechs ‘misled their shareholders’ and ‘frustrated the hell’ out of him by playing up connections to the secretive government program.
You can read the full transcript here:
- We spoke to Trump’s coronavirus vaccine czar about when he anticipates getting a coronavirus vaccine, the secrecy around Operation Warp Speed, and his typical day that starts at 2:30 a.m.
Below are headlines on some of the stories you might have missed from the past week.
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