> we achieved an EBIT margin of 65%
isn't it sensitive to disclose this kind of info when you don't have to? are you worried about your employees all demanding raises when they see this?
isn't it sensitive to disclose this kind of info when you don't have to? are you worried about your employees all demanding raises when they see this?
I’m not sure how common this model is in Europe, but it has certainly helped me keep my best employee with me throughout the entire journey and feel much less alone in my decisions—especially at the beginning, when things are harder.
Plus, it's just more fun to share when you can.
I took a 70% pay cut moving from Silicon Valley back to Europe. Sure, my monthly expenses were also about 70% less, and I was able to save roughly the same relative proportion of money.
The main difference is that, in absolute terms, what I was saving in the US before I moved amounted to more than what I was taking home after tax in Europe, let alone saving. That buying power went much farther (for a variety of reasons). Whether it was electronics, trips, a new car, etc, I could afford way more luxury there, with much less impact to my bottom line.
I have no regrets. My perceived quality of life is much better now.