The $900,000 AI Job Is Here
AI startups as a way to scoop up talent. Compensation is a battleground. Aware that in-demand AI specialists can command several job offers, many companies are dangling salaries in the mid-six figures along with bonuses and stock grants to attract experienced workers, recruiters say.
The online-dating platform Hinge, a part of Match Group, is advertising a vice president of artificial intelligence role that comes with a base salary of $332,000 to $398,000 a year. A vice president of AI and machine-learning position at Upwork, which operates a marketplace for freelance workers and other professionals, comes with an advertised salary of $260,000 to $437,000 a year. A senior manager of applied science and generative AI at Amazon, meanwhile, lists a top salary of $340,300.
“We’re trying to hire, but it’s a smoking-hot market," said Chris Todd, CEO of software company UKG, which is looking to recruit a senior-level leader to oversee its generative AI efforts. The company also plans to retrain existing engineers to work on such products. Recruiters say they see pay edging up because the available supply of AI practitioners is falling short of demand, particularly for midlevel and higher-level positions.
“This is pure market economics," said Paul J. Groce, a partner and head of the Americas at the executive recruiting firm Leathwaite, where for years he has worked on searches for high-level technology talent. “We do not magically have thousands of additional AI developers, product managers and everything else." Salaries for AI roles vary based on the experience required and the company hiring.
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