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Ask HN: Is Germany also facing great resignation in IT?

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Re: Ask HN: Is Germany also facing great resignation in IT?

#4
There is high demand for IT related people in Germany. It has been like this for some time, and by the looks of it will continue to be. Cost of living has gone up lately but salaries in IT sector has been trying to match those costs. It all comes down to you negotiation skills.

Re: Ask HN: Is Germany also facing great resignation in IT?

#5
No, not like in the US. I guess the main factor is that the pay ranges are much smaller for the jobs accross companies.

You won't get a 30% raise by jumping ship, unless you were severly underpaid.

Also there is a glass ceiling for ICs (90k€ -100k€) that is really hard to break through with the exception of very few faang jobs.

Re: Ask HN: Is Germany also facing great resignation in IT?

#7
post #5

No, not like in the US. I guess the main factor is that the pay ranges are much smaller for the jobs accross companies. You won't get a 30% raise by jumping ship, unless you were severly underpaid. Also there is a glass ceiling for ICs (90k€ -100k€) that is really hard to break through with the exception of very few faang jobs.

I went from 65k to 87k to 170k in about three years.

This is total compensation (only counting real shares, no virtual stock) and I haven't worked for FAANG. The 170k company is a big corp though.

Re: Ask HN: Is Germany also facing great resignation in IT?

#8
post #5

No, not like in the US. I guess the main factor is that the pay ranges are much smaller for the jobs accross companies. You won't get a 30% raise by jumping ship, unless you were severly underpaid. Also there is a glass ceiling for ICs (90k€ -100k€) that is really hard to break through with the exception of very few faang jobs.

I went from 65k to 87k to 170k in about three years. This is total compensation (only counting real shares, no virtual stock) and I haven't worked for FAANG. The 170k company is a big corp though.

In Germany as a software dev? Sounds almost to good to be true.

Re: Ask HN: Is Germany also facing great resignation in IT?

#9
post #8

Earlier quoted context omitted.

I went from 65k to 87k to 170k in about three years. This is total compensation (only counting real shares, no virtual stock) and I haven't worked for FAANG. The 170k company is a big corp though.

In Germany as a software dev? Sounds almost to good to be true.

Yes. This article helped me a lot: https://www.kalzumeus.com/2012/01/23/salary-negotiation/

The guy has some other articles on optimising career path, which I really recommend.