8 ms·
Nope, one million is 10k a year per employee. That’s low even in Poland and definitely well, well below Polish IT, and Europe in general makes a fraction of SV
by d3ckard 5y ago
Nope, one million is 10k a year per employee. That’s low even in Poland and definitely well, well below Polish IT, and Europe in general makes a fraction of SV salaries.
Those numbers are a bad match.
- lostmsu 5y agoPoland is not a third world country though.
- micromacrofoot 5y agook now try India
- matkoniecz 5y agoPoland is poor by standards of Western Europe (or USA). It is not so poor by global standards.
- d3ckard 5y agoSure, but parent suggested SV bias here, which is not the case.
- shiryel 5y ago10k USD a year is a reasonable salary in some third-world countries, on Brazil the minimum wage is about 2600 USD a year
- not2b 5y agoBut the business will have other expenses besides salary (rent on a building, providing developers with machines, etc), so you would be down to 7k USD per year or lower for an 100-employee company to break even with only $1M/year revenue.
- hodgesrm 5y agoThat's not what qualified developers make in Brazil. It's quite a bit more than $2600 per month. Edit: clarity
- cestith 5y agoThe license doesn't say 100 full-time employee positions throughout the year. It says anyone who's been an employee or contractor during any part of the year. Did I pay someone $200 for an hour of consulting? That counts. Did I have an unpaid intern for 120 hours of work? That counts. Did I hire a bunch of work done somewhere else in the world for $5 an hour? Each of those people count. Did I pay a receptionist to man an office 20 hours a week at minimum wage? That counts.