| ||Ask HN: How to increase SWE salaries in Europe?|
392 points by euengthrowaway 4 days ago | hide | past | favorite | 936 comments |
|It is often mentioned that Software Engineer salaries in Europe are significantly lower compared to US salaries, even adjusting for lower Cost of Living.|
The consensus on why that is seems to be:
* Individual contributors in Europe are not as valued as much as managerial professions, due to cultural/historical reasons
* Salaries in the US are skewed due to the presence of FAANG companies and VC money, which inflate salaries through the large amount of capital they inject in the system
* Europe has less freedom of enterprise (debatable), is in general more risk averse, and has a less dynamic job market (more difficult to fire lower performers), which results in lower wages to compensate for these factors.
Reasons aside, how can the European tech job market become more competitive?
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