Earlier quoted context omitted.
I do not disagree with your take, but I think you may only be speaking for a subset of engineers that are already fairly well compensated. The article likewise seems to discard the importance of money in favor of three other more immaterial factors, but I do not think this is representative of the situation of the global job market right now. I also think such a perspective can not fully explain the difficulties that…
> Over in Europe and East Asia, $50 to $60k salaries are the norm Yes, and we have plenty of nice stuff that goes along with it Healthcare, 30 paid holidays, unions, paid overtime, weekends and calls off work come extra (it is 40h week period, want more pay for it), retirement, flex time, ... Like the OP, my expenses are more than covered, getting more isn't worth the hassle to change. Ah, and in some countries havin…
That, to me, shows that my salary is still well below the well off people in the city who can afford those houses (for an idea of what I'm talking about: houses in the more affordable areas around the city where you can get 20mins commutes or less, or even ride a bicycle to work, cost upwards of €700,000... with my current salary, the recommendation is that I shouldn't borrow more than €350,000 - around 4.5 times the yearly salary before taxes, so I need to first save around €350,000 or sell my current house and hope I'll make this much in return to be able to buy a house where I want... even then I would be playing with fire as interest rates are set to increase and any increase could get me just below water if I tried something like that). I would say that, given this, to be considered well off you need to make enough to be able to afford a house like I am talking about here, which would require you to probably earn at least €100,000 per year, which is well above my current pay and I don't know any companies here that pay this much for developers no matter how experienced (though I've heard it's possible - just never seen it concretely and never seen offers above 75,000).