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Austrian transplant here. Yea, we're top earners, but salaries in generally not high. We get the majority of our compensation in vacation, social insurance, pe
by alangibson 5y ago
Austrian transplant here.
Yea, we're top earners, but salaries in generally not high. We get the majority of our compensation in vacation, social insurance, pension, etc.
130K would put you in the 50% tax bracket here. So you'd get 14 (no, seriously) paychecks of 4642. Not bad to be sure, but not exactly space tourist money either.
- ChuckNorris89 5y agoAnother Austrian here. 130k IC dev jobs are pretty much unheard of here. Most senior roles top out at around 80k-90k here and they're definitely not stress free as you're expected to deliver outstanding results at that pay grade and have a high availability, plus, most come with the bullshit "all-in" contracts (basically you wave your rights to paid overtime). That's why there's a dev shortage here since most Austrians avoid these jobs and move instead to management/consulting/finance where pay is better for less stress as those jobs are much higher up the pecking order when it comes to money and status in the company while devs are seen as replaceable cogs. While the standard of living is good here with decent social services, Austria is definitely not a good market for devs. Maybe better than places like Italy/Spain/Portugal but worse than the other major tech hubs in Europe, including places in Eastern Europe like Bucharest or Warsaw when you factor in the brutal taxes and high CoL in Austria.
- alangibson 5y agoAgreed. AFAIK, I've never met a dev making 6 figures in Austria. I was in the highest technical software position at a name brand company, working in the state capitol city, and I was making like 8OK.
- IceDane 5y agoI live in Denmark. The limit for the top tax bracket here is about $86k, after which you pay 15% of the difference between your salary and the top tax bracket limit. The average salary for a software developer in Denmark is around $80k, but $100k+ salaries are pretty common, and at my company the ceiling is about $130k.
- jogjayr 5y ago> 130K would put you in the 50% tax bracket here Is the term "tax bracket" used differently outside of the US/Canada? Here it means your marginal tax rate (i.e. the highest rate at which your last dollar is taxed). Whereas you seem to be speaking about "effective tax rate" - that's total tax paid / gross income.