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Successful Silicon Valley companies have an incredible amount of revenue and profit per employee. Software engineers create a lot of the leverage that drives th
by danielrhodes 6y ago
Successful Silicon Valley companies have an incredible amount of revenue and profit per employee. Software engineers create a lot of the leverage that drives those numbers. As such, it does not seem like such a big deal if they are paid well (excluding labor market demands). If European software companies are seeing similar numbers, they are ripping off their engineers.
- marcus_holmes 6y agoEuropean management (and specifically accountant managers) see IT as a cost, and view revenue as being generated by sales and marketing. So if European software companies are seeing those kind of numbers, they'll be very generous to their sales and marketing folks who created those returns, and continue trying to drive down the costs of engineering.