Bullshit alert They start with: "Maybe it is because of the outrageous rents eating over 30% of the salary and houses you cannot afford unless you joined Facebook or Google at the right time? " Regarding the SV. Then, this is what they (proudly) say about Switzerland: 1) "In Zurich, you can rent a whole flat (50+ square meters) for something between 2500-4000 CHF " 2) "In Switzerland a Software Developer can easily e…
Yeah this article is interesting. Cost of housing is basically being described as as high as the Bay Area, but the salaries sound quite a bit lower. Junior devs in SF are making maybe $110-130k, vs 60-90 that the article claims in switzerland. Senior devs are making maybe $180-220k, plus more in stock options/RSUs (which despite the negative reaction to them here on HN, actually do often turn into real money at least…
If you want decent pay in London you go contract, not perm, and head for the finance sector. You can make the equivalent of $150k-280k depending on how good you are at landing contracts and selling yourself.
AFAICT the situation is similar in western Europe (I get feelers out sometimes at lower but comparable rates for contract work in the Netherlands, Switzerland, Germany, Austria and Belgium).
Perm workers here are being ripped off IMHO, massively. But then the technical standard of the average perm worker at the average mid sized company in the UK is terrible too. It's a vicious feedback cycle of low pay, low respect for the profession and poor results. Perm work in mainland Europe is paid peanuts AFAICT, which is probably why so many find their way to London.
Some of this difference is down to costs and rights associated with work in the EU, which are just missing in the US. And part of the reason contracting is so lucrative is that we effectively opt-out of those.