Riviera Partners, a California-based recruiting service crunched some numbers related to software developers it helped place in Silicon Valley in 2012. The numbers are pretty stunning. A junior-level engineer working in PHP, the least lucrative of the major programming languages, earns $75,000. Starting junior salaries run up to $116,000.
Many attribute the rise in tech companies in San Francisco proper, rather than the Peninsula towns that traditionally make up Silicon Valley, to the bump it gives companies in recruiting new talent. Riviera’s data bears that out: 60 percent of new hires went to work in San Francisco.
Don’t miss the bleak statistic at the bottom: Of those who benefit from this rushing river of cash, a full 86 percent are men; just 14 percent are women.