3 ms·

You have to update your knowledge about working for the software companies in US. You get $150-$300K plus almost all the benefits you mentioned on top of that.

smoe 6y ago
You might have missed my point in the original post, that I care about everyone getting these or similar benefits, not just me in a higher salaried positions or after years of staying in a company. It indirectly improves my own quality of life and affects cost of things. Me making 150, 200 or 300k actually has fairly limited impact on my life. Everyone else getting the same benefits or not has, in a way not easily compensated by salary.
- karakot 6y ago
  I answered this line: >>> My point is that US companies have to pay more because more things need to be taken care of by the individual instead of it being socialized to different degrees. the point is you get all these benefits and on top of this you get several times higher salary (I'm from Europe myself originally for what it worth).
  - smoe 6y ago
    Because that is what pretty every US American independently from political affiliation i talked with about this told me. They need to spent their own money on things that is covered via taxation in many parts of Europe. Whether this is good or bad, is a bit a matter of opinion. I have absolutely no doubt that if you want to maximize personal compensation and benefits, the US is the place to be. Nothing else comes close But originally this threat was about "Why compete with FAANG trying to pay new grads $300k when you can pay an experienced developer from Europe $100k? I honestly never understood it." I doubt that a statistically significant amount of new grads get 300k in compensation plus those kind of benefits. I haven't spent a whole time researching but I couldn't find anything backing this up. E.g. it seems that you need to stay at Google 5 years to get 25 days vacation and entery level total compensation at FAANG being more in the 150k - 200k range. On the other hand as an experienced developer making more than a 100k in just salary plus at least these benefits is not that hard in Europe if you are willing to move or find a remote job. From all I heard or read, outside FAANG, the financial industry, and certain hotspot, the compensation and benefits within the US go down quite considerably and the difference to Europe is still big, but less exorbitant. So sure, if you come in with full FAANG (many / all? of which have had engineering teams in Europe for a long time) style compensation packages plus benefits you will be able to attract many Europeans, especially if they don't have to move. But then we are quickly back to square one: Why compete with FAANG? And again, I'd argue a big part of the reason why US companies can offer these much higher compensation package to positions like software engineers is because they save it on lower end jobs and there are fewer regulations for the common good in place that would cost them money. For some, this makes US companies a non-starter independent from the individual offer.

smoe 6y ago

You might have missed my point in the original post, that I care about everyone getting these or similar benefits, not just me in a higher salaried positions or after years of staying in a company. It indirectly improves my own quality of life and affects cost of things. Me making 150, 200 or 300k actually has fairly limited impact on my life. Everyone else getting the same benefits or not has, in a way not easily compensated by salary.

karakot 6y ago
I answered this line: >>> My point is that US companies have to pay more because more things need to be taken care of by the individual instead of it being socialized to different degrees. the point is you get all these benefits and on top of this you get several times higher salary (I'm from Europe myself originally for what it worth).
- smoe 6y ago
  Because that is what pretty every US American independently from political affiliation i talked with about this told me. They need to spent their own money on things that is covered via taxation in many parts of Europe. Whether this is good or bad, is a bit a matter of opinion. I have absolutely no doubt that if you want to maximize personal compensation and benefits, the US is the place to be. Nothing else comes close But originally this threat was about "Why compete with FAANG trying to pay new grads $300k when you can pay an experienced developer from Europe $100k? I honestly never understood it." I doubt that a statistically significant amount of new grads get 300k in compensation plus those kind of benefits. I haven't spent a whole time researching but I couldn't find anything backing this up. E.g. it seems that you need to stay at Google 5 years to get 25 days vacation and entery level total compensation at FAANG being more in the 150k - 200k range. On the other hand as an experienced developer making more than a 100k in just salary plus at least these benefits is not that hard in Europe if you are willing to move or find a remote job. From all I heard or read, outside FAANG, the financial industry, and certain hotspot, the compensation and benefits within the US go down quite considerably and the difference to Europe is still big, but less exorbitant. So sure, if you come in with full FAANG (many / all? of which have had engineering teams in Europe for a long time) style compensation packages plus benefits you will be able to attract many Europeans, especially if they don't have to move. But then we are quickly back to square one: Why compete with FAANG? And again, I'd argue a big part of the reason why US companies can offer these much higher compensation package to positions like software engineers is because they save it on lower end jobs and there are fewer regulations for the common good in place that would cost them money. For some, this makes US companies a non-starter independent from the individual offer.