Staff Engineer level and up salaries for big tech in EU vs US?
Apr 2
25 Comments
I see TCs of $600k+ for US for most major public companies and some up to $900k-$1m, any idea what are the equivalents in major EU capitals? (Paris, London, Amsterdam, Berlin, Dublin) It’s true that it is much less?
#engineering
comments
The US doesn't provide affordable healthcare or education, not enough people can afford going into STEM, it's just too expensive and too risky so it's better to take a job that doesn't demand college education
Then big tech companies want to hire talent, unfortunately most American candidates who didn't go to these schools are not good enough, they may be capable but they are not trained for it
This creates a high demand of *good* candidates and a virtually small pool of them so salaries go up (companies then have to import talent too which makes it even more expensive)
You end up with the median household income of 130k in Bay Area (high demand) and 60k nationally
The 60k can still sound very high but with tuition and healthcare prices as they are plus median household debt being 150k means you actually don't have a fancy life at that income
Break a bone and you'll be thinking about selling the car, need surgery and you may want to get HELOC
With Europe you are looking at 19k median income for most countries, affordable education, housing, healthcare, and median debt of 20-30k
So while the numbers are low for Europe, you get more bang for your buck.