4 ms·
I’m also from Germany so I feel I can answer. 1) No not yet anyways. The inflation is only really visible in gas/energy prices and groceries. I know that some
by larusso 4y ago
I’m also from Germany so I feel I can answer.
1) No not yet anyways. The inflation is only really visible in gas/energy prices and groceries. I know that some EV car manufacturers had to increase prices but that has a different reason.
2) The german tech sector never tried to compete with US salaries. I for one have quite the income (base+bonus+other monetary benefits) but am way behind a Silicon Valley counterpart. And I mean with cost of living etc included.
My company is constantly adjusted the salaries. But we still base it on market conditions in Europe not world wide. And they don’t want to react to inflation so fast.
But that is only my experience. Major city in Germany btw.