Why do jobs in Silicon Valley have such high salaries?

I can say that one most important reason for high salaries in IT is - protectionism. Silicon Valley is the best representation of Donald Trump's inauguration speech: “We will follow two simple rules: Buy American and Hire American.” You may think that H1B contradicts this, but it is not. read more

Cost of living is high in Silicon Valley, so unless companies offer sufficient salary, people choose not to come to Silicon Valley because they can’t afford to live here. Companies compete over workers that are high quality and willing to live here, pushing salaries higher. Higher wages pushes up the cost of housing because land is very limited. read more

Job growth in Silicon Valley is slowing down: Between 2015 and 2017, tech job postings in the area decreased 18%, according to a new report from job search site Indeed, as more companies move to areas such as Seattle and Washington, DC, which have a slightly lower cost of living. read more

“Or it could be due to the high cost of living, as the San Francisco Bay Area is noted to have some of the highest housing rental costs in the US.” So as far as locations go, Silicon Valley is still the tech king–but the competition is rising. 2. The high cost of living requires a career with a high salary. read more