- DoorDash is finally going public.
- In the delivery company's IPO paperwork, DoorDash CEO Tony Xu writes that employees are its "greatest competitive advantage." But are they paid as such?
- Business Insider dug into data on actual salaries paid to workers through disclosures made via the H1-B visa program to find out.
- Visit Business Insider's homepage for more stories.
DoorDash on Friday released its filing to go public, which revealed a boom in business and shrinking losses during the coronavirus pandemic, as more people confined to their homes order-in restaurant food.
And while plenty of startups were forced to cut jobs to stretch their operating budgets earlier this year, the delivery unicorn, last valued by its private investors at $16 billion, has been hiring non-stop. It currently lists 217 openings at its San Francisco headquarters, where most of its corporate jobs are located. DoorDash's workforce more than doubled to 2,600 employees from the end of 2018 to the end of 2019.
This does not include the thousands of delivery drivers who are not on its corporate payroll, but are classified as independent contractors. Because they are not employees, the company isn't required to give them benefits that full-time employee receive, like minimum wage, paid time off, or health insurance — an exemption that was reinforced with the passage of a California ballot measure this month.
In the company's S-1, Doordash CEO Tony Xu writes that employees are its "greatest competitive advantage."
And so, we did some digging to find out if they're compensated as such. And the short answer is yes. Our research shows that employees across technical and business roles can expect mid to high six-digit salaries.
The US Office of Foreign Labor Certification requires companies to disclose compensation for permanent and temporary employees from outside the US to make sure the firms aren't paying them less than the average wage earned by their peers. Doordash's federal filings give a sense of how much the company pays for some roles.
Business Insider went through data released in 2020. This is salary information only and doesn't include other compensation such as stock and many of these white collar employees can expect stock, the CEO says.
"Like the problems we solve, working at DoorDash is challenging," Xu wrote in the company's prospectus.
"We have stretch goals and we increase them when we beat these goals, always raising the bar. To foster this ownership mentality, we believe in using equity as an important part of our employee compensation."
When there were multiple jobs with the same title, we included a salary range.
Take a look at how much DoorDash's full-time employees earn.
Doordash paid an engineering manager $275,000 and a software engineer $250,000
Almost all of the roles that DoorDash filled from overseas involved software engineering, which isn't surprising because DoorDash is, at its heart, a tech company.
Software engineering roles comprised 30 of the 39 roles in this data set.
Most of these were for software engineers of unspecified specialty, meaning they were simply called a software engineer, so we don't know exactly what kind of work was involved be it infrastructure, ad products, mapping, or what-have you.
Engineering manager: $240,000- $275,000
Senior software engineer: $220,000
Software engineer: $106,000 – $250,000 (median average: $169,479)
Doordash paid a senior controls engineer: $220,000
A few of these high-paying software engineering roles had titles that offered a bit better description of what the job entails.
Senior controls engineer: $220,000- $168,958
Security engineer: $210,000
Autonomy software engineer: $195,000
Software engineer, front end: $181,000- $144,040
Senior Salesforce administrator: $150,000
Doordash paid a machine learning software engineer $200,000
Doordash also hires a lot of specialists in data science, AI, and machine learning. It currently has dozens of such roles open now.
Software engineer, machine learning: $200,000
Data scientist: $170,000 – $155,000
Doordash paid a product manager $221,000
Plus, Doordash is hiring for a large swatch of business roles. Its hires from overseas gives a peak into what these folks can expect to be paid.
Product manager: $221,000 – $163,000
Technical program manager: $200,000
Business intelligence manager: $190,000
Senior manager, new delivery models: $180,000
Operations research scientist: $174,000
Income tax manager: $165,000
Senior manager, new delivery models: $165,000
Account executive: $80,230 – $70,230
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