Yeah, the numbers in Germany are not so rosy. If these numbers are true, we are looking at - - An "average" salary of around 65K / year - This after (an average of) 5-6 rounds of interviews - 6 months of "probation", with only 2 weeks of notice - And all after 4-6 years of degree/s and 4-5 years of experience (so around 10 years of investment) Then after taxation 65K annually means around 3500/month in pocket. Then w…
Whenever I read those reports I can't help but wonder who they are actually asking. I'm definitely in a bubble working in Munich and either for US subsidiaries or at least close to them (automotive, ai, robotics, aerospace and others) - but it's a pretty big bubble because it's easily thousands of engineers within one or two hops. And we all make north of 100k€! No-one with more than 5-10 years of experience would ac…
Loose your job right now and you wont see this 100k+ for a veryyyyy looooong time. People are taking cuts of 50% just to get any employment.