NOV 2024 MARKET BRIEF
AI engineering
Compensation premiums in computer vision, neural networks, and LLMs
Insights from 4,500 AI/ML offers in 2024 reveal variance in cash and equity compensation is linked to specific skills.
Why it matters:
As companies create distinct job families and pay structures for AI/ML Engineering roles, clear role definitions are essential for precise compensation strategies.
Key insights:
- Professional-level AI/ML roles command notable base salary premiums over general Engineering roles, with variations depending on specific skills.
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New hire equity grants demonstrate even higher premiums for AI/ML skills, ranging from +88% for Computer Vision to +181% for Neural Networks.
- Cash and equity premiums are both closely linked and correlated to overall skill prevalence in the labor market; attracting AI/ML talent requires a strategy that combines both.
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