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Yes, these are very different job markets, and totally different markets in general with a very different cost of living. If you want to compare the job markets
by moooo99 6y ago
Yes, these are very different job markets, and totally different markets in general with a very different cost of living. If you want to compare the job markets, you'd also have to take that into consideration.
The main reason why software engineers in the US make more on average are the FAANG companies and VC backed startups that pay insane salaries for their employees, primarily in the Bay Area with extremely high cost of living.
I don't think an entry level Google engineer making $120k living in the Bay Area can afford a better lifestyle than me making €60k (before taxes) living in Germany.
- exceptione 6y agoI don't think an entry level engineer in Germany earns €60K?
- moragtoerag 6y agoWe pay our juniors 50k in Berlin (hiring manager).
- moooo99 6y agoWell I do, but that's an above average salary. As an entry level you can expect 45-50k on average, but I still think that's a fair comparison
- deleted 6y ago[deleted]
- triceratops 6y agoEntry-level FAANG engineers make significantly more than $120k in the Bay Area. Other than vacation time and job security, their lifestyle is comparable to any salaried person in Germany, and they save a lot more money. There are a lot of reasons to live and work in Germany, but money is not one of them.
- filoleg 6y ago>Entry-level FAANG engineers make significantly more than $120k in the Bay Area Yeah, people seem to conflate base cash salary with total comp, which is very misleading. Sure, you start making $120k in base salary at google as a fresh grad, and you top out at around $150k as a senior engineer. However, the total comp ends up being mostly covered by stock, which is what drives that senior engineer total comp to be more in the $400k-500k range. And even at the fresh grad level, I expect the total comp at Google to cross $200k/yr easily.