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Your shock at 600k is understandable, but note that the people pulling those numbers mostly don’t need to exist at smaller or less tech oriented companies. It’
by mjmahone17 6y ago
Your shock at 600k is understandable, but note that the people pulling those numbers mostly don’t need to exist at smaller or less tech oriented companies.
It’s primarily either senior engineers who consistently have outsized business impact (for instance identifying and building systems that generate tens of millions of new recurring revenue for the company each year), or are significantly beyond senior, such that they’re having a similar business impact as would be expected of the C-suite of a 10-100 million/year company.
When you have a tech company with 10 billion/yr revenue, you need hundreds of people that fit into the above scopes. It’s definitely not most employees, but a career path into those positions becomes possible. Whereas in a smaller or less tech focused business there wouldn’t be enough scope for those people to justify their outsized pay.
- blunte 6y agoI think the key here is "tech oriented" companies. If the product of the company is tech, then it's more possible for the devs to make a significant positive revenue impact. In those cases, if the numbers add up (600k dev generates +3+MM revenue per year because of what and how they do), then it makes sense. Perhaps the biggest shift in EU developer salaries will come from a shift in what types of businesses operate here. If that begins with US tech companies expanding here, then great. But I would like to see EU founded and grown tech companies to compete. I'm afraid what probably happens is the good ideas get built here and bought up by the US giants.