4 ms·

god the pay cut is so real :( .. hopefully the experience makes up for it, temporarily

johannes1234321 8y ago
The "pay cut" is one-dimensional. In Europe I don't have student debt. In Europe I pay less for health care. In Europe I have more time of. In Europe I have better public infrastructure. In Europe I pay less for housing than the Valley. Of course you can validate those things differently, but only looking on salary tells little.
- m0zg 8y ago
  You don't pay that much less for healthcare. Remember, it's not the government that's paying for it, it's _you_ paying, with your taxes. The cost structure is different, that's true (European doctors also make a lot less, and US pharma companies subsidize non-US customers for some reason), but that doesn't matter with a typical US SWE salary. And with a fat $200K+ paycheck student debt goes away in a few years, if you had it in the first place (substantial fraction of students receive financial assistance). Best of both worlds: get your "free" degree in Europe, move to the US, make a killing. This, in short, is Tusk's problem.
  - johannes1234321 8y ago
    > You don't pay that much less for healthcare. Remember, it's not the government that's paying for it, it's _you_ paying, with your taxes Well, if I look at https://en.m.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_per_capitaexpediture https://en.m.wikipedia.org/wiki/List_of_countries_by_total_h... per capita is almost double to many European countries. But even then comparison is hard, since treatments etc. differ. > And with a fat $200K+ paycheck student debt goes away in a few years, if you had it in the first place (substantial fraction of students receive financial assistance). If a European however, isntea dofnoayingnof debt has some money to invest there can be long term benefits (also Europeans often have better retirement funds) All just to say that is complicated and comparison is hard. And true, it can financially be beneficial to get a good education in Europe and the go to make some money. Tusk's issue however is that digital world is important and US has a big leap and control.
    - m0zg 8y ago
      Sure, but as a SWE you're making 3 times as much and paying half as much in taxes. You have to take that into account when deciding which is better for you economically, and it won't be in Europe's favor.
      - djohnston 7y ago
        3x and .5x in US taxes are pretty hefty exaggerations, but I agree, financially you're better off working in the US. that being said, im moving to the UK for a year or two with the intent of traveling a lot through Europe, so there are other considerations that may sway your decisions :)

The "pay cut" is one-dimensional. In Europe I don't have student debt. In Europe I pay less for health care. In Europe I have more time of. In Europe I have better public infrastructure. In Europe I pay less for housing than the Valley. Of course you can validate those things differently, but only looking on salary tells little.

m0zg 8y ago
You don't pay that much less for healthcare. Remember, it's not the government that's paying for it, it's _you_ paying, with your taxes. The cost structure is different, that's true (European doctors also make a lot less, and US pharma companies subsidize non-US customers for some reason), but that doesn't matter with a typical US SWE salary. And with a fat $200K+ paycheck student debt goes away in a few years, if you had it in the first place (substantial fraction of students receive financial assistance). Best of both worlds: get your "free" degree in Europe, move to the US, make a killing. This, in short, is Tusk's problem.
- johannes1234321 8y ago
  > You don't pay that much less for healthcare. Remember, it's not the government that's paying for it, it's _you_ paying, with your taxes Well, if I look at https://en.m.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_per_capitaexpediture https://en.m.wikipedia.org/wiki/List_of_countries_by_total_h... per capita is almost double to many European countries. But even then comparison is hard, since treatments etc. differ. > And with a fat $200K+ paycheck student debt goes away in a few years, if you had it in the first place (substantial fraction of students receive financial assistance). If a European however, isntea dofnoayingnof debt has some money to invest there can be long term benefits (also Europeans often have better retirement funds) All just to say that is complicated and comparison is hard. And true, it can financially be beneficial to get a good education in Europe and the go to make some money. Tusk's issue however is that digital world is important and US has a big leap and control.
  - m0zg 8y ago
    Sure, but as a SWE you're making 3 times as much and paying half as much in taxes. You have to take that into account when deciding which is better for you economically, and it won't be in Europe's favor.
    - djohnston 7y ago
      3x and .5x in US taxes are pretty hefty exaggerations, but I agree, financially you're better off working in the US. that being said, im moving to the UK for a year or two with the intent of traveling a lot through Europe, so there are other considerations that may sway your decisions :)