91–100 of 186 posts
Why did you focus on EU only? What about Norway, Switzerland, Iceland, Serbia, FYROM, Albania, Bosnia & Herzegovina?
Because you have the right to work in the EU without any extra paperwork.
The former three through the EEA and the latter through a series of bilateral agreements.
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you only paid 1640 in taxes out of an 8650 income?! that's crazy! even if we include the health insurance, it's still only 2k in taxes out of an 8650 income (less than 25%) a lot of countries in europe will tax you 40% for that income...
Usually European taxes are complicated. I make 44k a year but I get about 33k on my bank account each year. This is because even though we have a 33% and 40% rate there are also numerous tax-cuts in place. Ie: in NL you can deduct your entire mortgage rate interest from your gross income. This basically means you get a 40% discount on your mortgage. And there are numerous more.
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Do your own cost of living estimate. Last year my Junior Software Developer (with ETH Masters) balance sheet looked as follows : Income:8650 Taxes :1640 (income, social etc. ) Food/Drink/Dates: 1560 HealthInsurrance : 346 Rent : 1640 (2 rooms 64sqm) downtown nice part of town Other : 400 So i end up saving 3k per month But i don't have kids that would be >2.5k per kind for daycare.
you only paid 1640 in taxes out of an 8650 income?! that's crazy! even if we include the health insurance, it's still only 2k in taxes out of an 8650 income (less than 25%) a lot of countries in europe will tax you 40% for that income...
Data is impossible to read - seems like some people are converting their salary to USD, some others leave it in their home currency and a rare few provide the accurate currency. Interesting initiative though - would love to see this in a better format :)
Why do you say this? Can you give an example of someone who has converted their salary to USD? At the end I plan to polish the results and publish them
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Please correct me if I'm wrong, but while salaries are high and taxes are relatively low, general living costs are quite high. Particularly if you have kids and so want a bigger house and good schools. I've looked at this and the benefits we get from staying in Germany outweigh the extra income earned.
Do your own cost of living estimate. Last year my Junior Software Developer (with ETH Masters) balance sheet looked as follows : Income:8650 Taxes :1640 (income, social etc. ) Food/Drink/Dates: 1560 HealthInsurrance : 346 Rent : 1640 (2 rooms 64sqm) downtown nice part of town Other : 400 So i end up saving 3k per month But i don't have kids that would be >2.5k per kind for daycare.
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Why do you say this? Can you give an example of someone who has converted their salary to USD? At the end I plan to polish the results and publish them
I am European and live in Europe but I've always been paid in USD and my salary is negotiated in USD, so I am not sure what parent means or why does currency matter.
Also, the question specifically says "in €, otherwise specify" (edit: ok, I see it was added later).
It's weird that you are paid in USD in Europe, isn't it? How comes?
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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.
Please add Turkey.
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.
I don't agree with that, at least not in Sweden. Sweden had one of the flattest wage distributions in the world. Developers make very little here when you compare to other countries and other professions.
In Stockholm there are some companies that pay more, e.g. Google, but not near London.