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Europe data salary benchmark 2023

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Re: Europe data salary benchmark 2023

#11
post #8

Earlier quoted context omitted.

It makes sense to me. It lets you compare against US salaries and standardizes the EU currencies.

> compare against US salaries But without factoring in cost of living that's surely rather meaningless too

COL varies enormously in the US and yet even LCOL salaries are much higher than in the EU. I don't think COL is that useful when comparing salaries globally.

Re: Europe data salary benchmark 2023

#12
post #2

Interesting article, but they don't link to the data, just suggest that you build the dataset yourself with Google. I'm also not seeing mention of cost of living. > For ease of comparison we’ve converted all numbers to USD ($). That seems a strange choice, given that this is Europe. The target market for this blog post must not be Europeans.

It makes sense to me. It lets you compare against US salaries and standardizes the EU currencies.

You can’t compare salaries without also comparing cost of living. Which is significantly cheaper in many of the cities listed vs SV.

Also there already is a standardised EU currency. It’s even named after the EU: “Euro”.

Re: Europe data salary benchmark 2023

#13
post #8

Earlier quoted context omitted.

> compare against US salaries But without factoring in cost of living that's surely rather meaningless too

COL varies enormously in the US and yet even LCOL salaries are much higher than in the EU. I don't think COL is that useful when comparing salaries globally.

I don’t think comparing salaries globally is that useful per se. But it’s even less useful if you don’t factor in exchange rates and cost of living.

Re: Europe data salary benchmark 2023

#14
The post has no methods section. So we have no clue what their data was, how they gathered it, how representative it was... nothing. I didn't find this particularly useful. Surely there is a group out there who's done a high quality (and ongoing) survey with reliable data on this.

Re: Europe data salary benchmark 2023

#15
post #10

Earlier quoted context omitted.

It makes sense to me. It lets you compare against US salaries and standardizes the EU currencies.

While it does let you compare against US salaries, almost all EU countries use the Euro. Certainly all of the ones mentioned in this post do. If you're interested in just a raw number rather than a cost of living weighted number (which this post seems to ignore), converting any stragglers to Euro would have been simplest for European readers. That said though, as I mentioned, I don't think Europeans are the target ma…

Well, since this post includes the UK saying "all the countries in this post use Euros" is plain wrong.

I think COL in itself matters far less than people think. COL difference is certainly not proportional to salary difference.

I don't think this is specifically for EU readers either. I think it's aimed at a global audience since they use USD and mention US roles as well as their data on EU roles.

Re: Europe data salary benchmark 2023

#17
post #12

Earlier quoted context omitted.

It makes sense to me. It lets you compare against US salaries and standardizes the EU currencies.

You can’t compare salaries without also comparing cost of living. Which is significantly cheaper in many of the cities listed vs SV. Also there already is a standardised EU currency. It’s even named after the EU: “Euro”.

You realize that companies pay SV-like salaries outside of SV now, right? LCOL US salaries can easily be higher than HCOL EU salaries.

This is also exactly the same argument people in the US have tried to make about "SV" salaries vs "normal" salaries.

Ex: "making $100k in the Midwest is better than $300k in SV because COL"

It's plain wrong in almost all cases (Lower COL doesn't make up for lower salary) and SV vs elsewhere in the US is becoming less and less relevant with remote work.

Re: Europe data salary benchmark 2023

#18
Articles like these are complete garbage for any practical extrapolation and thus only really written as ad pieces.

Why? Because:

- cost of living isn’t taken into account

- and even if it were, the cost of living varies wildly from one city to another. So you’d need less generalised results

- converting everything to USD makes no sense when the article is supposed to be about European countries. And since exchange rates can add their own slant on figures, this isn’t really intended to be an accurate representation

- it also doesn’t take into account variations in professions (IT is a broad industry)

- where has the data come from? I wouldn’t trust any report that basically scraped job listing boards. So many European job adverts don’t disclose salaries, some do but never get filled because they ask too little. So do get filled but at a rate that differs from the advertised range (it’s not uncommon for salary haggling to happen once an offer has been sent).

This article will surely generate conversation but please be aware that it’s far too unscientific to be worth drawing any conclusions from.

Re: Europe data salary benchmark 2023

#19
post #10

Earlier quoted context omitted.

While it does let you compare against US salaries, almost all EU countries use the Euro. Certainly all of the ones mentioned in this post do. If you're interested in just a raw number rather than a cost of living weighted number (which this post seems to ignore), converting any stragglers to Euro would have been simplest for European readers. That said though, as I mentioned, I don't think Europeans are the target ma…

Well, since this post includes the UK saying "all the countries in this post use Euros" is plain wrong. I think COL in itself matters far less than people think. COL difference is certainly not proportional to salary difference. I don't think this is specifically for EU readers either. I think it's aimed at a global audience since they use USD and mention US roles as well as their data on EU roles.

Fair point.

Re: Europe data salary benchmark 2023

#20
post #13

Earlier quoted context omitted.

COL varies enormously in the US and yet even LCOL salaries are much higher than in the EU. I don't think COL is that useful when comparing salaries globally.

I don’t think comparing salaries globally is that useful per se . But it’s even less useful if you don’t factor in exchange rates and cost of living.

Also, my understanding is that in the US each person must dedicate an important amount of money to receive the health services that are provided in Europe by the administration in many countries.
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