4 ms·

USD 8k/w is not the pay a employee will receive, but the cost of the operation of that one employee, and it is ballpark numbers -- I work in Europe also, I am a

USD 8k/w is not the pay a employee will receive, but the cost of the operation of that one employee, and it is ballpark numbers -- I work in Europe also, I am a Danish citizen. Again, I advocate developing in a timely manner, and not do over engineering (neither under engineering).

KronisLV 5y ago
> USD 8k/w is not the pay a employee will receive, but the cost of the operation of that one employee I made the above response with that in mind. > And regarding the spend: one week worth of work could be USD 8k. The original claim was that one week's worth could be 8000 USD, or let's say roughly 7094 EUR. That comes out to 28376 EUR per month. Last month i made around 1700 EUR, so it's possible to calculate approximately how much my work cost to my employer. Let's do that with a calculator here: https://kalkulatori.lv/en/algas-kalkulators https://kalkulatori.lv/en/algas-kalkulators After inputting the data that's relevant to me, i got the following: Gross salary 2654.51 EUR Social tax 278.72 EUR Personal income tax from income till 1667 EUR 277.66 EUR Personal income tax (987.51 EUR), from part ... 227.13 EUR Social tax, employer's part 626.20 EUR Business risk fee 0.36 EUR Total employer's expenses 3281.07 EUR It should be apparent that 28376 EUR is a far cry from 3281 EUR, which is how much my work cost to my employer. Thus, per week, 7094 EUR is also a far cry from 820 EUR, which is how much my work cost to my employer. Also, 820 is actually pretty close to my initial guess of 850 EUR. Of course, it's possible to argue that either i'm underpaid individually, or that many of my countrymen in Latvia are underpaid in general (on which i elaborated in an adjacent comment https://news.ycombinator.com/item?id=29595158 https://news.ycombinator.com/item?id=29595158), but then the question becomes... so what? Does that mean that if you're in a well paid country like US, then you cannot afford proper development practices due to all of the payroll expenses that would cause? While that may well be, to me that sounds weird and plain backwards - if that were really true, then US would outsource even more to countries like mine and these outsourced systems would work amazingly well, since you can supposedly afford a team of developers here for what would buy you a single developer over there. And yet, most systems are still insecure, buggy and slow. Maybe someone else is pocketing a lot of the money they receive in these countries, and is simply charging high consulting rates? The prevalence of WITCH companies here is telling, but that's a discussion for another time.

KronisLV 5y ago

> USD 8k/w is not the pay a employee will receive, but the cost of the operation of that one employee I made the above response with that in mind. > And regarding the spend: one week worth of work could be USD 8k. The original claim was that one week's worth could be 8000 USD, or let's say roughly 7094 EUR. That comes out to 28376 EUR per month. Last month i made around 1700 EUR, so it's possible to calculate approximately how much my work cost to my employer. Let's do that with a calculator here: https://kalkulatori.lv/en/algas-kalkulators https://kalkulatori.lv/en/algas-kalkulators After inputting the data that's relevant to me, i got the following: Gross salary 2654.51 EUR Social tax 278.72 EUR Personal income tax from income till 1667 EUR 277.66 EUR Personal income tax (987.51 EUR), from part ... 227.13 EUR Social tax, employer's part 626.20 EUR Business risk fee 0.36 EUR Total employer's expenses 3281.07 EUR It should be apparent that 28376 EUR is a far cry from 3281 EUR, which is how much my work cost to my employer. Thus, per week, 7094 EUR is also a far cry from 820 EUR, which is how much my work cost to my employer. Also, 820 is actually pretty close to my initial guess of 850 EUR. Of course, it's possible to argue that either i'm underpaid individually, or that many of my countrymen in Latvia are underpaid in general (on which i elaborated in an adjacent comment https://news.ycombinator.com/item?id=29595158 https://news.ycombinator.com/item?id=29595158), but then the question becomes... so what? Does that mean that if you're in a well paid country like US, then you cannot afford proper development practices due to all of the payroll expenses that would cause? While that may well be, to me that sounds weird and plain backwards - if that were really true, then US would outsource even more to countries like mine and these outsourced systems would work amazingly well, since you can supposedly afford a team of developers here for what would buy you a single developer over there. And yet, most systems are still insecure, buggy and slow. Maybe someone else is pocketing a lot of the money they receive in these countries, and is simply charging high consulting rates? The prevalence of WITCH companies here is telling, but that's a discussion for another time.