On: Ask HN: How much do developers earn in Europe?

[jpmonette]

Data is impossible to read - seems like some people are converting their salary to USD, some others leave it in their home currency and a rare few provide the accurate currency. Interesting initiative though - would love to see this in a better format :)

[ciaoben → jpmonette]

Why do you say this? Can you give an example of someone who has converted their salary to USD?

At the end I plan to polish the results and publish them

[atmosx → ciaoben]

I am European and live in Europe but I've always been paid in USD and my salary is negotiated in USD, so I am not sure what parent means or why does currency matter.

[seszett → atmosx]

Well currency matters if you want to compare all answers.

Also, the question specifically says "in €, otherwise specify" (edit: ok, I see it was added later).

It's weird that you are paid in USD in Europe, isn't it? How comes?

[Bahamut → seszett]

A lot of US companies tend to pay in USD regardless of locale when hiring remote.

[kuschku → Bahamut]

That would suck so much, taking a 30% paycut just in the past 7 months due to this.

[atmosx → kuschku]

According the ECB[1] data on 24 Jan 2017 the exchange rate was 1 EUR = 1.0514 USD and today is 1 EUR = 1.1806 USD so we have:

    (1.1806-1.0748)/1.0748 = 0.0984 => 0.0984 * 100 = 9.84% 

How exactly did you manage to lose 30%?

[1] https://www.ecb.europa.eu/stats/policy_and_exchange_rates/eu...

[kuschku → atmosx]

Then take another time span, but the currency fluctuations are so large that it becomes the largest factor to how much you actually take home.

I definitely wouldn't want that.

(I misremembered which currency fell 30% against the Euro, it was the pound instead)

[pc86 → kuschku]

It would also suck for the company to have payroll costs increase 30% because one of their remote devs happens to live in another country :)

[kuschku → pc86]

The company can always re-negotiate, but a 30% paycut might mean you can’t afford your rent or mortgage anymore.

[rogy → Bahamut]

WWCD for UK people though, huge payrise in GBP if you're paid in USD

[atmosx → seszett]

First clients were based in the US. So it started from there.

Then I wanted to use a reserve currency[1] and I happen to have strong opinions on currencies, policies (FED, ECB, etc.), so I opted for the safest bet in the long run.

[1] https://en.wikipedia.org/wiki/Reserve_currency#Global_curren...