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In Zurich, Geneva, Oslo and Rejkavik, you can also get a job that pays that much at a software/financial company/startup (and healthcare it's much cheaper/inclu
by eaenki 8y ago
In Zurich, Geneva, Oslo and Rejkavik, you can also get a job that pays that much at a software/financial company/startup (and healthcare it's much cheaper/included in taxes).
In the US, that kind of salary it's common only in the Silicon Valley and NY.
- vonseel 8y agoHow hard is it to do this if I only speak English? I have family in Norway and attended part of a Master's program in Switzerland, but left because the job prospects in Zurich did not look good without German fluency. This was not in technology, though.
- mordaroso 8y agoI live in Switzerland and was working as a SWE at a Swiss company only speaking English. It's actually quite common - especially in Zürich.
- victords 8y agoReykjavik, really? How come a city in a country of 300,000 people pay as much as $100k USD for a SWE? Do you have any data to back it up? I did a quick look at Glassdoor and it's far from that.
- bausshf 8y agoAccording to data it's only $80k for a software engineer. https://teleport.org/cities/reykjavik/salaries/ https://teleport.org/cities/reykjavik/salaries/
- passiveincomelg 8y agoI was thinking the same. Oslo also seemed incredibly low when I did some research. In both cities you can easily spend $30 on one dish in a regular restaurant.
- arcanus 8y ago> In the US, that kind of salary it's common only in the Silicon Valley and NY. I don't agree with that statement. The title relates to six figure incomes, which are certainly quite common in all the tech hubs: Seattle, Austin, Denver, San Diego, etc. You certainly have to be in a major city, and ideally one with large software companies.
- Bucephalus355 8y agoI’m in Austin, Texas. I’m 26, graduated with a BA in Sociology, and make $140,000 as an AWS Engineer. There’s tons of money in engineering in the United States, but I would say it has come with a cost. The only reason so much money has been able to be plowed into software and hardware was because of financial products developed by Wall Street since the 1970’s. Obviously we’ve seen great results in software and hardware, but all the recent financial busts have shown there is no free lunch...
- chrisco255 8y agoFinancial products? Fintech is but a small portion of the overall software industry. Neither Google, Facebook, Microsoft, Apple, nor Amazon specialize in fintech, and the big 5 are as much a driver of high salaries as anything else. We get paid highly because, while software is expensive to build, it's basically free to distribute and so you have huge economies of scale where sometimes as few as 50 employees can make a multi-billion dollar product. And also, because software is hard to do well and there is so much platform explosion.
- Bucephalus355 8y ago“Financial Products” as in online trading, convertible stock, debt securities, etc that made it easier for investors to invest in things like Google, Apple, etc. Perhaps the biggest example is the 401k, which shifted huge funds towards Wall Street. It’s not fintech, but just an example of a new type of product. I hope that explains better than my original post.
- vanadium 8y ago
- kasey_junk 8y agoChicago has tons of jobs above that salary mark. I’ve seen jobs listed above that routinely in Indianapolis, Minneapolis & Columbus. Talked to a recruiter the other day for a job in Nashville that paid above 100k. These are all front line Midwest towns. Get into the sunbelt and you’ll see even more cities where those wages are common.