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A hypothesis I've not tested: salaries are adjusted for risk. European countries have strong labour protections so hiring parties must take on hires at high ris
by scarejunba 7y ago
A hypothesis I've not tested: salaries are adjusted for risk. European countries have strong labour protections so hiring parties must take on hires at high risk if they don't perform (can't fire them easily). Initial evidence for hypothesis: contractors and freelancers working locally in these countries still have high incomes.
- GFischer 7y agoThat must be it, the best salary offer I got in Austria was about 4000 euros a month. My brother in law moved to Silicon Valley because he had a very low salary ceiling in Vienna.
- alexis_fr 7y agoIn all honesty, skills could be another factor. Although we have many extremely competent people, the general job market in France for example doesn’t require very advanced technical skills. I compare to Sydney where, with 4 years experience in France and with credentials, I wasn’t up to the game. Sydney people, for example, are extremely skilled. So we must not throw away the skills factor, the ability of employees to build an extremely successful company, their motivations, their awareness of new business practices, although it is very difficult to measure it. Perhaps France is ahead (after all, a lot of Linux is European, along with DailyMotion and others), perhaps it is not (...after all, DailyMotion only got the second seat and is now dwarfed by Youtube).