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Sorry to hear about your abusive firing, wish you success. > all startups I've seen quickly moved to London or Berlin in the moment they got VC funding Are yo
by oelmekki 8y ago
Sorry to hear about your abusive firing, wish you success.
> all startups I've seen quickly moved to London or Berlin in the moment they got VC funding
Are you sure this was related to the cost of employees? As pointed in the article, London is the historical tech hub in europe, so moving to London after funding can have many reasons.
You're right though, having employees is really expansive. I'm afraid it's not just a France problem, though :) It costs you double than what employee gets pre-tax, but all in all it's not more expansive than in other countries. In US, a good dev salary is $100k a year (€85k).
EDIT: for non french people, a good dev salary in France is €45k, so it may cost at most and roughly double than that, but you have a lot of tax cut you can take advantage of to reduce it
- Uberphallus 8y ago> Are you sure this was related to the cost of employees? Not completely sure; the best case I know is of a company where one of the founders told me such thing. It is a very technically advanced and polished ride sharing app, made to solve very particular problems in this region, investors had a look at the product, at their books, and offered 2M/year for 3 years on condition of moving it to Berlin or Sofia (Bulgaria, don't ask me why).
- oelmekki 8y agoActually, I double checked (can't edit anymore), the total cost is the double of net salary, not brut salary. Employer taxes are 43% of the brut salary. Bottom line : a good dev salary of €45k costs about €65k, before any tax reduction.