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Ask HN: How much do developers earn in Europe?

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Re: Ask HN: How much do developers earn in Europe?

#41

Post by pmlnr »

shanwang wrote: post #40

Can't open the doc because it's blocked by my employer. But generally the developer wage is very low in Europe compared with US(Bay area). AFAIK London have the highest salary among european countries, usually handed out by Investment banks and other financial service companies. In London a tier 1 bank's VP developer will typically get £90k-110k base, plus 15-40% bonus. If you work for a hedge fund, the base is typic…

> But generally the developer wage is very low in Europe compared with US(Bay area).

Because it usually comes with built-in social security and nationwide health insurance.

> AFAIK London have the highest salary among european countries,

Nope. Scandinavia.

Re: Ask HN: How much do developers earn in Europe?

#43

Post by schrodinger »

AstralStorm wrote: post #18
briandear wrote: post #11

Earlier quoted context omitted.

Options are not income and are worthless unless it’s a public company or there is a liquidity event. Considering options as a part of income is the same as if your company paid you in lottery tickets.

Tax codes agree and defer the actual taxation to the time you execute the options - then they become income.

Exercised options in a private company still aren't liquid, or usable income.

Re: Ask HN: How much do developers earn in Europe?

#44

Post by ThePawnBreak »

dola wrote: post #39
ThePawnBreak wrote: post #27

Earlier quoted context omitted.

I would disagree. Zurich does indeed pay very well, but it's very hard to get a job there, and salaries are only competitive with the Bay Area at lower levels. That means it's possible to find a job that pays 100k, but 300k compensation packages are far, far more rare than in the Bay Area. I don't know any company apart from Google that pays that much for senior engineers. I tried to get a job there about 8 months ag…

There are a few consulting companies doing project work that hire a good amount of people. (However none are even close to you >100 / year number) And also, it will be pretty hard to get near the 200k mark in Zurich if you're not at either a bank with a very specific expertise or at Google.

I am talking total compensation (salary + bonus + stock), and at Google you get past 200k at L4, so after the first promotion. New grads used to make around $160k, not it's somewhat less.

Re: Ask HN: How much do developers earn in Europe?

#46

Post by shanwang »

pmlnr wrote: post #41
shanwang wrote: post #40

Can't open the doc because it's blocked by my employer. But generally the developer wage is very low in Europe compared with US(Bay area). AFAIK London have the highest salary among european countries, usually handed out by Investment banks and other financial service companies. In London a tier 1 bank's VP developer will typically get £90k-110k base, plus 15-40% bonus. If you work for a hedge fund, the base is typic…

> But generally the developer wage is very low in Europe compared with US(Bay area). Because it usually comes with built-in social security and nationwide health insurance. > AFAIK London have the highest salary among european countries, Nope. Scandinavia.

so what are those numbers look like in Scandinavia

Re: Ask HN: How much do developers earn in Europe?

#48

Post by kowdermeister »

pmlnr wrote: post #41
shanwang wrote: post #40

Can't open the doc because it's blocked by my employer. But generally the developer wage is very low in Europe compared with US(Bay area). AFAIK London have the highest salary among european countries, usually handed out by Investment banks and other financial service companies. In London a tier 1 bank's VP developer will typically get £90k-110k base, plus 15-40% bonus. If you work for a hedge fund, the base is typic…

> But generally the developer wage is very low in Europe compared with US(Bay area). Because it usually comes with built-in social security and nationwide health insurance. > AFAIK London have the highest salary among european countries, Nope. Scandinavia.

> Because it usually comes with built-in social security and nationwide health insurance.

That's not the case. Health insurance plays very little role in this. I can go to a private doctor for peanuts. Salaries are low, because companies are "broke" and don't have million dollar funding and you can have a great lifestyle with fifth/tenth of a SV salary.

> Nope. Scandinavia.

Nope, Switzerland.

Re: Ask HN: How much do developers earn in Europe?

#49

Post by olavgg »

iwangulenko wrote: post #23

Switzerland, Zurich is the only place in Europe where you can earn Bay Area salaries; I am a software engineer/tech recruiter hiring on behalf of a handful of Swiss companies. If you look for a job ( https://coderfit.com/openedjobs/ ), or know some engineeres who are, please reach out to me. You find my email in my HN-handle. (From an employee's perspective, Switzerland can be counted "as an EU country" since you can…

I think Norway, Oslo absolutely can match or even pay slightly better than Zurich. An annual salary over 100K Euro for a senior software developer is not uncommon.

Re: Ask HN: How much do developers earn in Europe?

#50

Post by ciaoben »

lowry wrote: post #47

In many EU countries, seasoned developers become fre lancers. Achieving higher revenue is impossible otherwise.

This is sad. I mean, I think that numbers that we see in Silicon Valley are ridiculous, but it seems to me that here in Europe this profession it is not recognized for the value it delivers.
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