How are salaries so low there? How do they plan on having competitive tech markets?
How are salaries so low there? How do they plan on having competitive tech markets?
I know most Americans feel its the strong worker protections in the EU that cause the pay stagnation. It's far more complex than that. SWEs can leave for another company whenever they want. In some cases there are deep structural issues* that can keep you at a company.
* One example, in France there is no upper limit on the caution for an apartment. It can be as high as 20k-50k€. If you need to rent a place and don't come from a rich family your employer can provide the caution. Now that your employer has solved your housing problem you feel a certain loyalty to them and the 10-20 year career starts.
Like a security deposit.
Meanwhile in NYC they're knocking off few months rent and dropping the security deposits just to get people back there.
As a software engineer (not architect, senior, team lead or whatever) your salary is at the very top.
>graduates from the Universities of Toronto, British Columbia and Waterloo in 2015 and 2016 revealed 66 per cent of software engineering and 30 per cent of computer science students were leaving Canada for work after graduation.
https://beta.ctvnews.ca/national/business/2021/5/21/1_543849...
I wonder how accurate the quoted average salaries are for Canada though. The high end is what a junior developer with no work history can expect after graduating. Senior developers here regularly make 100k+.