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Employee loyalty isn’t a good thing. One of the best things about Silicon Valley is that people can swiftly change companies when they get higher offers. Non-co
by blackhawkC17 2y ago
Employee loyalty isn’t a good thing. One of the best things about Silicon Valley is that people can swiftly change companies when they get higher offers. Non-competes are void in California.
There’s a reason US salaries for software devs are 2-5x EU salaries for similar roles.
- snowpid 2y agoWhat if I told you that non - competes aren't a thing in Germany. (And a big part in other parts of US)
- storyinmemo 2y agoWell I'd tell you that they aren't a thing in California.
- zombiwoof 2y agoAs someone who has been stuck in Silicon Valley for 20 years I can say hands down the German and European teams I’ve worked with far outshine the hacker ego Hollywood hipster techbros of San Francisco. Yet the latter make 2-5x the income.
- snowpid 2y agoThanks :) ( But I guess there are also very capable American teams and narcissistic European CS. (I guess it is a very good question why this difference exist and how to change economic policy)
- rangestransform 2y agoemployee loyalty is a good thing if it's bought and not expected
- p_j_w 2y ago>There’s a reason US salaries for software devs are 2-5x EU salaries for similar roles. When you account for medical costs, rent (especially compared to the localities in the USA that provide these huge salaries), extra vacation time, and for those with children, education and child care, this gap narrows considerably. Rent alone... one can find a reasonable spot in Berlin for ~$1300/mo. Good luck finding more than a shared box in the Tenderloin for that much in the Bay Area.
- blackhawkC17 2y ago> When you account for medical costs, rent (especially compared to the localities in the USA that provide these huge salaries), extra vacation time, and for those with children, education and child care, this gap narrows considerably. That's what Europeans generally say to justify or cope with their low salaries, but it's not true. After accounting for all these, an SV, NYC, Seattle, etc., engineer ends up with far more disposable income than their EU counterpart. The US has the highest average disposable income worldwide; the rest almost don't come close [1]. That's why it has much more entrepreneurial activity. Yes, the US isn't perfect, but the EU doesn't come close to the US in terms of money for highly skilled professional workers. 1- https://www.statista.com/statistics/725764/oecd-household-disposable-income-per-capita/ https://www.statista.com/statistics/725764/oecd-household-di...
- p_j_w 2y ago>After accounting for all these, an SV, NYC, Seattle, etc., engineer ends up with far more disposable income than their EU counterpart. I said it narrows the gap, not closes it. >https://www.statista.com/statistics/725764/oecd-household-di https://www.statista.com/statistics/725764/oecd-household-di... Your link is behind a paywall, I can't view that data.
- blackhawkC17 2y agoPoint noted, Wikipedia breaks down the data better - https://en.wikipedia.org/wiki/Disposable_household_and_per_capita_income https://en.wikipedia.org/wiki/Disposable_household_and_per_c....