Payroll for CA Tech Sector Clocks in at $120 Billion

Posted by Jake Richardson May 20, 2013 1:20:00 PM on

payroll

Some startling and impressive facts emerged from the recent TechAmerica annual Cyberstates report. First, California is number one in the nation for technology employment with almost one million employees. That's a whopping number of workers. You can imagine the tech sector payroll in California is huge, and it is: $120 billion. California not only has almost one million tech sector workers, the Golden State also has the fastest rate of growth for tech workers. They are also among the highest paid in the nation. Technology workers in California technology workers earned an average pay of $123,900 a year. That number is undoubtedly driven up by successful IPOs for companies like FaceBook.

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Topics: timesheet, payroll time tracking, fraud, scandal, tech sector

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