Talent attracts talent. San Francisco is frequently cited in the top five most expensive cities to live in the U. Unsurprisingly, a major concern for potential candidates is the exceptionally high housing costs, an issue that current Valley residents are worried about also. In terms of work expectation, meritocracy trumps seniority—this actually can be good for millennials.
With a large percentage of companies in Silicon Valley startups, job security is a big concern for millennials.
Whatever your perception of Silicon Valley, there is no other place on Earth quite like it. Join Monster to get personalized articles and job recommendations—and to help recruiters find you. For every tech job created in the Valley, four additional jobs are generated — teachers, nurses, waiters, retail clerks and more.
Low wages at many of these jobs mean that a third of working households here struggle to make ends meet.
As the tech boom drives up housing costs, working families are being priced out. People are forced to commute for hours, cram together in small apartments, or sleep on the streets.
Our campaign is drawing national attention to the gulf between tech profits and the daily realities faced by service workers and communities in Silicon Valley:. Silicon Valley Rising is a coordinated campaign driven by an unprecedented coalition of labor, faith leaders, community-based organizations and workers. We aspire to a new vision for Silicon Valley where all workers, their families and communities are valued.
We have high expectations for this Valley and for our communities:. Our campaign is about bringing everyone in this Valley together to solve the biggest challenges of our time.
Join us! Silicon Valley Rising While tech companies make massive profits, the workers who keep them running smoothly have been left behind. Stand for a Silicon Valley that works for all Get campaign updates and action alerts: Name. Shockley, who co-invented the first transistor radio, meanwhile, put up the Shockley Semiconductor Laboratory, which started the ball rolling for other startups to follow.
Today, many Silicon Valley startups continue to be founded by former employees and partners of the tech giants in the area. The spirit of innovation and collaboration lives on, allowing startups easy access to free-flowing information to continue dreaming up and creating the high-tech devices that we use every day. These are just some of the reasons that make Silicon Valley startup heaven, of course. There are tons of others.
Each year, at least one Silicon Valley startup makes it to the big leagues. In and early , several websites named the top startups to watch for. We listed down seven below.
Located in Palo Alto, Wing is an on-demand drone delivery service and platform provider. Its app lets users in Australia, Finland, and the U. Its drones have a maximum speed of 70 miles per hour. Again located in Palo Alto, Productiv gives companies analytics and insights into the apps they use daily. That way, IT leaders can use metrics to reduce costs an maximize business performance. Also in Palo Alto, Step allows even teens to have mobile banking access.
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