4 ms·

You'll still get like 10% of a US salary though.

oblio 5y ago
10% is a gross exaggeration, though. Romania has lower salaries than Poland, as far as I know, and in Romania as a senior engineer in a decent company you can get a total <<net>> compensation of €3.5k - €4k per month, that would be ~$4k - $4.8k per month, so ~$48k - ~58k. Again, net. And probably more since there are companies that give you RSUs/ESPPs, so you can go along for the ride. Not as many as in the US, obviously, but a decent chunk. So you could even push towards something like $70k. I think even at the biggest FAANGS in the US, you total <<net>> compensation as a senior engineer will be $250k-$300k, leaving the ratio somewhere around 4-5x (and this is for a super limited set of companies and positions; I'd imagine that the average ratio would be closer to 2-3x). And don't forget that local living expenses are minimal. You'd get to keep maybe even 90% of your salary.
- goodpoint 5y ago
  10% is a gross exaggeration but "the average ratio would be closer to 2-3x" sounds equally exaggerated in the other direction.
  - oblio 5y ago
    The median US gross salary for US software developers is $108k. I imagine that's $60k net or less. The median Romanian net salary for software developers is RON 7000 per month. That's about €1400 or $1600 per month, so $19.2K, net. 3x. You were saying?
    - goodpoint 5y ago
      3x != 2x, and I suspect 3x is still too low; also comparing median salaries is not enough.
      - oblio 5y ago
        I said: > I'd imagine that the average ratio would be closer to 2-3x To which you replied: > 10% is a gross exaggeration but "the average ratio would be closer to 2-3x" sounds equally exaggerated in the other direction. My original example pointed to the top of the range and then I used the median, which is the statistically most relevant indicator for comparing salaries. > 3x != 2x, and I suspect 3x is still too low; also comparing median salaries is not enough. At this point, you're arguing in bad faith.
- depressedpanda 5y ago
  I don't know if whether the numbers you quote for Romania are correct or not (Polish salaries for devs are not even remotely close to that), but a salary that nets you €4k/month after taxes is not very common in Sweden - which is considered a richer country than Romania.
  - KptMarchewa 5y ago
    You can get that in Poland and it's not uncommon. [0] 22000 PLN net on B2B contract gets you >18k after tax (15% ryczałt), which is around 4k EUR. [0] https://justjoin.it/remote-poland?tab=with-salary&sort=salary https://justjoin.it/remote-poland?tab=with-salary&sort=salar...
  - oblio 5y ago
    The difference between Sweden and Romania is not between Swedish and Romanian software developers. It's between Swedish and Romanian janitors. The Swedish ones probably make 10x what the Romanian ones make. And most people in Romania are closer to the janitor salary wise, than to the software developer.
KptMarchewa 5y ago
You can work remotely for UK fintechs. They secure round after round and offer share options.

10% is a gross exaggeration, though. Romania has lower salaries than Poland, as far as I know, and in Romania as a senior engineer in a decent company you can get a total <<net>> compensation of €3.5k - €4k per month, that would be ~$4k - $4.8k per month, so ~$48k - ~58k. Again, net. And probably more since there are companies that give you RSUs/ESPPs, so you can go along for the ride. Not as many as in the US, obviously, but a decent chunk. So you could even push towards something like $70k. I think even at the biggest FAANGS in the US, you total <<net>> compensation as a senior engineer will be $250k-$300k, leaving the ratio somewhere around 4-5x (and this is for a super limited set of companies and positions; I'd imagine that the average ratio would be closer to 2-3x). And don't forget that local living expenses are minimal. You'd get to keep maybe even 90% of your salary.

goodpoint 5y ago
10% is a gross exaggeration but "the average ratio would be closer to 2-3x" sounds equally exaggerated in the other direction.
- oblio 5y ago
  The median US gross salary for US software developers is $108k. I imagine that's $60k net or less. The median Romanian net salary for software developers is RON 7000 per month. That's about €1400 or $1600 per month, so $19.2K, net. 3x. You were saying?
  - goodpoint 5y ago
    3x != 2x, and I suspect 3x is still too low; also comparing median salaries is not enough.
    - oblio 5y ago
      I said: > I'd imagine that the average ratio would be closer to 2-3x To which you replied: > 10% is a gross exaggeration but "the average ratio would be closer to 2-3x" sounds equally exaggerated in the other direction. My original example pointed to the top of the range and then I used the median, which is the statistically most relevant indicator for comparing salaries. > 3x != 2x, and I suspect 3x is still too low; also comparing median salaries is not enough. At this point, you're arguing in bad faith.
depressedpanda 5y ago
I don't know if whether the numbers you quote for Romania are correct or not (Polish salaries for devs are not even remotely close to that), but a salary that nets you €4k/month after taxes is not very common in Sweden - which is considered a richer country than Romania.
- KptMarchewa 5y ago
  You can get that in Poland and it's not uncommon. [0] 22000 PLN net on B2B contract gets you >18k after tax (15% ryczałt), which is around 4k EUR. [0] https://justjoin.it/remote-poland?tab=with-salary&sort=salary https://justjoin.it/remote-poland?tab=with-salary&sort=salar...
- oblio 5y ago
  The difference between Sweden and Romania is not between Swedish and Romanian software developers. It's between Swedish and Romanian janitors. The Swedish ones probably make 10x what the Romanian ones make. And most people in Romania are closer to the janitor salary wise, than to the software developer.

KptMarchewa 5y ago

You can work remotely for UK fintechs. They secure round after round and offer share options.