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> raising similar amounts of money in Europe is super hard This. I am European but live and work in US. Simply put, US wins hands down because they: - have
by WYepQ4dNnG 5y ago
> raising similar amounts of money in Europe is super hard
This.
I am European but live and work in US.
Simply put, US wins hands down because they:
- have resources, read $$$$
- take risk
- have the right entrepreneurial mindset
Europe? let's just say they are not even close.
- mnouquet 5y agoIn Europe, everybody wants to be a manager because mere developers is not high enough status. In the US, a 45yo DB engineer is akin to highly skilled wizard.
- jbverschoor 5y agoYep.. you get paid shit as a dev here unless you run your own business.. has always been like that, will always be like that. Europe will never be big in software. We have nice livable cities, and we have old cultures, that’s about all what’s good here
- tluyben2 5y agoHope you moved as if I were you (reading all your comments here) I would not want to live here, and then in NL no less where I was born and people seem to like internationally. But if you dislike it so much I am not sure why you did not move to the US yet? Or even the UK which is a stepping stone but easier to get to.
- mnouquet 5y agoI did, now makes probably 5x what I'd make in Europe.
- dukeyukey 5y ago> Europe will never be big in software. After the Bay Area, NYC and Beijing, London has the most startup funding of any city in the world, and the UK as a whole has the 3rd highest number of unicorns, after the US and China. Parts of Europe are doing badly, others are doing ok (but could do better!).
- nmfisher 5y agoYeah, the UK isn’t really Europe...
- varispeed 5y agoDevelopers are the modern bricklayers that just sit by the computer and find what to copy and paste from stackoverflow.
- beebeepka 5y agoYes, that is what lazy, crap developers do
- abrokenpipe 5y agoI feel like I'm fixing your software right now.
- tored 5y agoWhat country is that? Germany? France? In Sweden it is the opposite because 1) more responsibilities 2) salary increase too small (and taxes too high, you can end up in the wrong bracket) 3) flat hierarchy (Du reform)
- wbc 5y agowhat do you mean by wrong bracket? According to wiki Sweden has progress tax income.
- tored 5y agoYes, but depending on your yearly income there is another tax separate from the normal income tax (inkomskatt), if you earn more than 523 300 SEK you also need to pay "statlig inkomstskatt" at 20% for everything above that rate. And previous year 2020 was the first tax year without värnskatt, an extra 5%, ie 25% total, for everything above 703 000 SEK. It was abolished 2019.
- mnouquet 5y agoOh my god, a $100k salary would be taxes at 42%, plus a 25% VAT on general spending, that's just insane...
- mmarq 5y agoIn the UK you pay 60% on anything between 100K and 125K, then it goes back to 40%. Above 150K it goes to 45%. This is only the income tax. National insurance would be 2% at those income levels.
- mr_gibbins 5y agoNot to be a dick but what's your source on that? I understood it to be 40% up to 150k, not 60% as per https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2021-to-2022 https://www.gov.uk/guidance/rates-and-thresholds-for-employe...
- dukeyukey 5y agoTbh this isn't my experience in the UK. Manager is just one path people take; others aim for tech lead, or principal engineer. I really don't see how 'status' comes into this.
- mmarq 5y agoPrincipal engineers practically didn’t exist in the UK until a few years ago. Even now, a principal engineer would unlikely get any further promotions and pay rises, while an engineering manager could potentially become the CTO.
- WYepQ4dNnG 5y agoThe status is usually reflected in the pay check. Managers tend to be payed more compared to Eng.
- WYepQ4dNnG 5y agoTrue, this was also my experience before I moved to the US. Generally speaking, in Europe, the technical career track simply don't exist. You are eventually forced to take the management career path. Eng are seen as the ones scrapping the floors. In US, at big tech companies, you can stay on the tech career path and get to Principal, Architect, Distinguished Eng etc. At these levels, your voice is heard as much, if not more, as managers. IC contributors and managers job titles are mapped to an internal company level. For instance, a Principal Eng usually map to a Director. You can easily tell where you are in the career ladder, regardless on the specific track you are on.