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I've interviewed with some startups in Amsterdam, and many seem to want to pay below market rates with no equity. I think this is hindering the startup scene in
by jsumrall 11y ago
I've interviewed with some startups in Amsterdam, and many seem to want to pay below market rates with no equity. I think this is hindering the startup scene in the Netherlands. Philips and other big companies are taking all the entry level talent because they pay more, leaving startups with less offerings. For example, of all the talented students graduating CS at TU Eindhoven this year, I'm not aware of any who are considering startups (Except me! PM if you know of openings!). When Philips and KPMG and the other big players offer 2x salary, it's hard to turn them down.
- makeitsuckless 11y agoEven at traditional companies software engineering salaries are not particularly high. That's why most CS students choose to go towards consultancy job, and never write a line of code in the rest of their careers. (Those who want to do engineering choose hardware, which is much more respected and better paid.) As a result, most software startups are started by MBA's and rarely by engineers, which perpetuates the circle of undervaluing software engineering skills.
- davedx 11y agoI dunno. What's particularly high? Salaries here aren't on par with Silicon Valley for sure, but they're not bad either in a lot of the places I've looked into or worked at. It's easy to get 50k+ EUR/year, sometimes up to 70 or even higher for senior roles.
- tomh- 11y agoAmsterdammer here, for anyone interested, check angel.co for indications of startup salaries. Keep in mind that the cost of living is very high in Amsterdam. Rent is easily 1100 euro or more if you are unwilling to share or live in a bad neighbourhood. This could equal 40-50% of your take-home pay.