51–60 of 68 posts
Define 100k+... Is it what you get on your account in one year ? Is it what you keeps after paying your taxes and your insurances ? Or is it the global value your employer is paying for you ? I assume you ask for the first one, yet the more representative one is probably the latter.
I guess it's not much of a thing in Europe, because here instances of places where real estate prices are as insane as in SV are pretty rare.
Define 100k+... Is it what you get on your account in one year ? Is it what you keeps after paying your taxes and your insurances ? Or is it the global value your employer is paying for you ? I assume you ask for the first one, yet the more representative one is probably the latter.
That's correct, I was asking about the former. I didn't understand the difference between the former and the latter though.
And should you compare with the US, you should also take into account health insurance, which is handled roughly 80% by the state, so it's part of your taxes, and 20% by insurance ( and is mandatory, part of what your employer pays for your salary ).
So depending on the case you may compare oranges with bananas and apples, because depending on your country what you have into your account as an employee over one year is way different from the value you obtain from it. And I don't even speak of cost of life itself ( the value you output from your salary in France is way different in Paris, where you generally get 15% more in salary compared to the rest of the France, but renting a flat is twice as costly as pretty much anywhere else in the country, so in the end you get less value out of those 15% more... ).
In the latter case, I'm part of this 100k+ club, with a margin, as a JS contractor. In the former case, well, I'm not :)
You may be interested in http://www.expatistan.com/cost-of-living/ and https://nomadlist.com to compare things in a better manner over Europe
Personally, since living in Europe, I've done it two ways. I worked remotely for an American company for several years, at my butt-in-seat Bay Area rate. And I've bootstrapped my own SaaS product business (letting it grow in the background while working for that US company).
Another option would be to find a software company here and actually negotiate a market rate for one's self.
It's really expensive to live here, compared to the 'states. I don't see how anybody does it on the $35k/year salaries we see reported for software guys.
Earlier quoted context omitted.
> There is no one in Europe making €100K+ annually. Are we talking Eurozone or Europe? I know programmers in Zurich making >= 130K Francs a year (which comes in at over €100K).
Or >= 300k CHF, but it's 1am in Zurich. Or similarly large amounts in GBP if you don't limit yourself to the continent. I know at least one American unicorn will pay far more than €100k in cash to new graduates in London.
I've not seen new graduates hit these sorts of numbers when I've been looking at the market. I'm sure there must be some, however I'd have assumed it was very rare. Still it's always useful to know what sort of competition might be out there when hiring, so genuinely interested in the details!
€100K is not really setting the bar all that high. It's a shame to see so many replies here that consider it to be impossible. Personally, since living in Europe, I've done it two ways. I worked remotely for an American company for several years, at my butt-in-seat Bay Area rate. And I've bootstrapped my own SaaS product business (letting it grow in the background while working for that US company). Another option wo…
Assuming software development: it's not easy to make 6 figures outside of finance / fintech, in London or Switzerland, unless you contract / consult. You could get there working for an SV firm, more likely if based in London / Switzerland and competing for the same pool of talent.
Earlier quoted context omitted.
That's correct, I was asking about the former. I didn't understand the difference between the former and the latter though.
Well, it's pretty simple, I can talk for France : you have a ~2x factor between the former and the latter, because there is a ton of taxes and costs in-between. And should you compare with the US, you should also take into account health insurance, which is handled roughly 80% by the state, so it's part of your taxes, and 20% by insurance ( and is mandatory, part of what your employer pays for your salary ). So depen…
100K/year after or before income taxes ? I'm almost there, but BEFORE taxes. Data-mining & applied math researcher, working remotely from France for a US/Chinese biotech company. Job is nice, paperwork is ok, it's mostly automated.
I have worked in Vienna 2014/2015 (meteorological company) and Melbourne (big 4 bank) present. Vienna annual salary was 34k Euro. Melbourne annual salary is 67k Euro. Europe pay sucks.
Well I don't know for those two countries, but I'm happy with my 'only' 50k with "free" healthcare, schools, etc... Not going younger so I reaaaally care about free healthcare