561–570 of 974 posts
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So, “fuck you got mine” basically?
No? How could you possibly get that from what I said? Quite the opposite. I'm saying that they (developers in Europe) should be able to be paid the same as developers in the USA.
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That is until they die from a simple infection.
Or starvation, or being eaten by a grue. People who think being a hunter-gatherer sounds great should go try it, there's nothing stopping them from doing so. They don't because actually, living in civilization with abundant cheap food, clean running hot and cold water, indoor plumbing, heating, air conditioning, and entertainment is great.
1. HGs are very skilled, and they build their skills throughout their lives - crucially, starting with childhood and adolescence. I, an adult brought up in a Western civilization, would be totally clueless in a rain forest the same way that those HGs would be totally clueless in our world.
2. HGs live in groups. I would need to find a group of HGs that would accept me, which is highly unlikely because of the language and culture barrier, plus my lack of skills - why would they want to have anything to do with an useless guy in the first place? My CV full of accomplishments does not impress them at all.
Unfortunately, just like transplanting an adult HG into our society most likely ends in them becoming a homeless addict, most likely result for me heading for the jungle is fairly quick death.
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Home process in the US are historically very stable. I would think this is also true in Europe? As for diversification, your house shouldn’t be your only investment. As for fires and natural disasters, this is why insurance exists. Owning a home isn’t for everyone, but I don’t think there’s anything particularly risky about it as far as investments go.
Buying a home in a tolerable location costs at least 200k in my area and upkeep isn't free either. I can rent an apartment in a much better area for fifteen to twenty years for just the initial investment. A house can easily lose its value or at least cause large expenses, e.g. if the cellar floods or develops mold problems. Or if the surrounding neighborhood becomes worse. Selling houses has a large transaction cost…
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> In pretty much all of the EU, even in expensive cities like Stockholm or Dublin, if you earn a salary of €100,000, you can live a pretty decent life. Define "decent". In the top tier cities in western EU countries, buying even a modest apartment that will house a small family will be a challenge on €100k (pre-tax!). It is certainly doable, but you will not be able to afford any other luxuries.
What locations are you considering? Because €100k/year in Germany is a really high income.
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It's not insane - it's pretty common in most developed countries. The US is a major outlier.
It's not a major outlier if it's common. 100k USD in GBP is 73347.60. In the UK you'd be taxed 30% on that, including national insurance. https://listentotaxman.com/73347.60
Tax is (arguably, different argument) progressive.
I got my higher education for free. I expect to save nothing for my children or their education. I expect to have to put aside very little for retirement. The thing is, I just can’t find an argument why I should be able to get very rich doing my job. It’s a comfortable job. It pays a good salary. I got here by taking no risk at all. I wouldn’t want to switch jobs just to drive up my pay even if I could. I have other…
A lot of folks here are calling out the lower pay for SWEs in Europe and Canada as a failure - but also praise the low wealth inequality and low income inequality in Europe and Canada. You can't have low inequality by definition if you decide to start paying one group a ton of money. Well, this is a lot like the housing conversation in the US. "I want my house to go up in value, and be a great investment!" Also: "Why…
This does not mean that devs are supposed to earn millions, but 2x or 3x average salary is not the inequality that's ethically bad.
As a contractor/freelancer one could earn €70 an hour if you’re decent. Earning over €100K a year can be achieved this way. Our rates are up to €100 an hour. The minimum rate we’re currently working at is 60
In case of Sweden, minimum %54 to pay salary to yourself from your contract/freelancing company. Then you pay %25 VAT when you buy anything. As an individual, you would pay a hefty %76 marginal tax in Sweden from that base earning.
That also explains why salaries are lower. Because there are hidden costs to employer.
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I considered moving to France for a few years (from the US), but I was shocked to find it would be a 40% pay cut, even after factoring in all of the healthcare and other expenses we Americans enjoy. And the cost of living is a fair bit higher in France to boot. Now that companies are cozying up to remote work, I think I’ll jist do more frequent 3 month trips and work in the evenings when I run out of vacation days. T…
> I think I’ll jist do more frequent 3 month trips and work in the evenings when I run out of vacation days. Then I can keep my cushy American salary and afford to travel, avoid dealing with VISAs, and France get my cost of living / tourism money without me taking a Frenchman’s job. Hopefully countries will also warm up to remote work and will create legal avenues for individuals to do remote work while still paying…
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Sure, but the base salary for the React creator shouldn't be that low. That's like a new grad engineer at twitter if we simply compare base salary.
That's 100k pounds, not dollars, and he's making more in RSUs. I also imagine he's an E5, because E6 salaries in London are higher than that. To be honest, given how Facebook works, all the work he does in React/Redux is probably hindering him in terms of getting promotions.
When I was a new grad 8 years ago, my base salary was $120k already.
Unless he got a special deal, for an IC, the stock is proportional to the base salary. If your base salary is low, your stock will also be low.