Posted on: July 8, 2022 Posted by: AKDSEO Comments: 0
  • The $45-billion Snowflake has become the de facto standard for managing large amounts of data.
  • Its services require an extensive team of engineers, salespeople, and operations professionals.
  • Salaries at the big-data company often break the $100,000 mark, regardless of role.

While Snowflake’s stock — along with most other companies’ — has crashed as part of the market downturn, it’s still hiring for hundreds of open roles across sales, engineering, professional services, and other departments. 

The company is paying top dollar for roles such as solutions architects, which are essentially Snowflake specialists that can earn salaries upward of $200,000. Across the board, most of the open roles pay above $100,000. 

Given the importance of Snowflake’s product within organizations and the increasingly competitive landscape it faces, it has to acquire the best talent — which means offering attractive compensation packages even as the market cools off. Snowflake is increasingly finding itself colliding with its rival company, Databricks, in a variety of areas ranging from machine learning to open-source data formats, and Databricks is aggressively hiring as well.

Snowflake is looking to quickly expand into new areas, such as powering data science at companies. But its core business of building data warehouses continues to be its largest. Companies rely on Snowflake to draw insights about how their products and businesses perform to guide million-dollar decisions.

Insider compiled salary information for roles at Snowflake from two sources: H-1B visa applications from 2021, which salary-band listings require; and Snowflake’s own jobs board, which lists salary bands for on-site and remote roles based in Colorado and New York.

When applying for the H-1B visa on behalf of foreign workers, Citizen and Immigration Services requires companies to submit salaries. H-1B data sometimes includes salary ranges instead of exact figures and includes base pay, which doesn’t account for bonuses or stock options. Recent changes in laws in Colorado and New York now require companies to list a salary band, and Snowflake also includes bands that are common in some roles that rely heavily on bonuses, like sales.

The salaries provided aren’t necessarily final, and stock options and bonuses may make up parts of the total compensation packages. They may also vary from location to location, where differences in the cost of living play a factor in compensation packages.

Here’s how much Snowflake pays software engineers, product managers, support staff, and other employees: