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Meta Is Paying 'Way Above Market Rate' For Reality Labs Developers As Metaverse Losses Mount

Benzinga LogoBenzinga3d ago

Meta Is Paying 'Way Above Market Rate' For Reality Labs Developers As Metaverse Losses Mount - Benzinga

Quick Summary:

The company continues to attract VR employees with outrageous salaries. 

What To Know: According to a Washington Post report citing people familiar with the matter, Meta is paying programmers capable of creating virtual reality-related tech abnormally high amounts ranging from $600,000 to nearly $1 million annually. 

Meta is paying “significantly more” than most ...


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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 15:30:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27355352

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 9 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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The story "Meta Is Paying 'Way Above Market Rate' For Reality Labs Developers As Metaverse Losses Mount" was covered 3 days ago by Benzinga, a news publisher based in United States.

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  • URL: https://beamstart.com/news/meta-is-paying-way-above-17430042205092

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