6 ms·
Do they pay those salaries in Europe? Because European salaries are usually 1/3 of the US rate.
by nivenkos 6y ago
Do they pay those salaries in Europe?
Because European salaries are usually 1/3 of the US rate.
- magnusmundus 6y agoThey weren't doing that in 2019, at least -- and yes, 1/3 sounds (broadly) accurate.
- akmarinov 6y agoVery interested in that as well
- hocuspocus 6y agoFrom what I've gathered when interviewing and the public data you can find on levels.fyi, Spotify doesn't pay their Stockholm employees very well, even by European standards.
- rightbyte 6y ago"Most of our offices are in large cities like New York, London and Stockholm" I looked out my window and laugthed abit reading that. They can't compare Stockholm with London amd NY like that ... Spotify in Stockholm does not pay NY wages today atleast.
- isbvhodnvemrwvn 6y agoAre their glassdoor salaries accurate? 58000 kr/mo for senior developers? You could find similar jobs in Warsaw with half the cost of living.
- rightbyte 6y agoI don't have first or 2nd hand info but most likely they are. 58 000 SEK/month total compensation (7000USD/month) is approx. the 75th percentile of unionized software engineers (all ages) in Stockholm according to the engineering union.
- oblio 6y agoAre jobs where developers make $7k per month that common in Poland, though?
- isbvhodnvemrwvn 6y agoNot as common as I presume they are in Sweden - nowadays most job contracts for individual contributors without significant seniority or additional duties fall short of that (~6k gross or around 8k cost for employer), although with covid they are seen more frequently. I was mostly surprised to see Spotify in particular not paying more.
- rightbyte 6y agoSpotify is kinda hype and it is cool saying you work at Spotify in a bar, so they have no problems finding workers (but they sure complain about "engineering shortage"). Music streaming is probably not even a especially hard technical challenge. Quite low bandwidth, open source audio codec and no real time syncing requirements between users. I guess most SWE work is in DB management, cataloguing music or fixing phone vendor bugs in the Android app. Why would Spotify pay eg. twice what Ericsson, Volvo or Scania pays to reach parity with Apple, Tesla or whatever big truck manufacturer there are in the US.
- raverbashing 6y ago1/3 is too little No, a person making 120k$ in NY is not making 40kEUR in a western European city. Maybe half of that, sure. But not 40k (even if you account the EUR-USD diff)
- deleted 6y ago[deleted]
- bonzini 6y ago130k$ is probably 60k€ or more in Europe. It's like that in Italy and IT wages are abysmal here.
- I_AM_A_SMURF 6y agoAre you sure? 130k is fresh out of grad money in SF/Seattle (not sure about on the east coast, but presumably is similar). For reference senior is ~300-350k (this is for big tech companies)
- javajosh 6y agoMy experience in Germany may not be typical. But with the EU's higher taxes, 80% indeed goes down to 50%. However if you have kids, the numbers climb up again because, at least in Germany, you get "Kindergeld" and "Elterngeld" and state-sponsored day-care (Kita) for your kid(s). Plus, 30-days a year vacation standard, you get walkable cities, very good public transportation (so, no car costs) AND you get to take inexpensive weekend trips to Greece, London, Prague, or wherever you want to go. It's up to you to compute that value.
- vidarh 6y agoYou really can't just make blanket statements about EU taxation effect on take home salary. There are massive differences in rates, and you also need to consider specific income levels as the profile of taxation by income band and dependents varies greatly. Germany and (especially) Belgium tends to top the OECD lists over taxation, so for Germany you may well be right, while e.g. Denmark, Ireland and Poland (may be true for others too, but those are the ones I happened to be aware of) has tax rates that in several of the categories the OECD tracks are below US tax levels. (Source: OECD Taxing Wages 2020)
- deleted 6y ago[deleted]
- mewpmewp2 6y agoAs someone from Europe, I work in a company with US presence and my counterparts do get 3x salary, according to levels.fyi at least.
- superbcarrot 6y ago> That's an exaggeration. At worst its 50%, but usually its ~80%. That's too high. In London getting 80% of equivalent pre-tax salaries in a big US city is virtually impossible. And then 1/3 of it goes to taxes and national insurance deductions.
- eloisant 6y agoThere are many countries in Europe, and many cities, and salaries differ wildy. You'll get a higher salary in northern Europe (Germany, UK, Netherlands, etc.) than in southern Europe (Spain, Italy, France). Also you'll get a higher salary in a tech hub like London or Berlin and a lower one in the country side. There are variations in US too, although probably not as big as between European countries.
- xtracto 6y agoI think European salaries are more like 1/2 of the US rate. Mexico/LatAm salaries are 1/3.
- patall 6y agoMost European salaries may be 1/2 the SF rates. But that is not a fair comparison. A Google engineer in Zurich, Switzerland makes almost as much as one in SF, at an also very high cost of living.