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What do you consider underpaid? Is it when you're making significantly less than people in similar positions somewhere else on the globe? Is it when you're in a
by ACS_Solver 6y ago
What do you consider underpaid? Is it when you're making significantly less than people in similar positions somewhere else on the globe? Is it when you're in a low income percentile of your country / geographic area, taking the skill into account?
I tend to think it's the latter. I'm one of those devs in Sweden. I certainly make less than developers in the US, especially those in SV, and my effective tax rate is higher than for SV devs, even if California is considered a high-tax state. On the other hand, I'm firmly in the top 10% of earners in Sweden. Am I underpaid? By the first definition, certainly. By the second definition, not at all, even if my income is roughly 3x of the lowest-paid workers.
Then again, I approached the whole situation from the point of view where I first consider where I want to live, and then look for a job there. One could certainly take a different approach and go where the money is.
I also don't think it's that easy to get SV-level salaries for remote jobs. All-remote companies are perfectly aware of different economic circumstances in each country, and aren't keen on offering 100k$ to someone in a country where 70k$ is already an above-market rate.