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I'm happy to discuss those 'why'. The cost of student loans or lack of social safety net hardly warrants higher salaries. This is probably more related to the a
by cosmodisk 6y ago
I'm happy to discuss those 'why'. The cost of student loans or lack of social safety net hardly warrants higher salaries. This is probably more related to the availability of the specialists (immigration rules, the local supply of devs coming from universities,etc).Very few companies even in the US can pay 200-300K salaries to devs,most don't come anywhere near that.My main point is that European companies are less likely to reward employees,even though their contributions far exceed the costs. Similar trends are seen in other fields: recently, top tier law firms in London complained that the US companies with divisions in London can push graduate salaries to £100K. The same market,yet very different willingness to pay.
- foogazi 6y ago> Similar trends are seen in other fields: recently, top tier law firms in London complained The takeaway for me is “complained”. If it’s the same market why the difference in “willingness to pay”? Are they holding on to higher margins or have higher costs?
- cosmodisk 6y agoNot an expert in legal field but from my understanding, the US law firms moving to London was akin to a wake up call for the local firms that were very comfy.I think the US firms that tend to focus on high end services, whenever they open a shop abroad, the salaries tend to be higher. I'm already seeing this in my home country,where some firms pay 2-3 times the going local rate and the local firms would never ever pay that much.
- pc86 6y ago> Very few companies even in the US can pay 200-300K salaries to devs I would definitely agree with that. $200-300k is an outlier in the US, but $120k is an outlier in Europe, even for Staff-level engineers.