> I've handed over my resignation for my FAANG job and am looking for a job in other countries as I don't see myself building a future here.
You quit your job at a large US company because you do not see yourself building a future in Germany?
You quit your job at a large US company because you do not see yourself building a future in Germany?
Worst case I'll end up being on unemployment insurance for a year, ~ 2800 EUR per month while travelling the world in my late twenties...
When property costs 1 million+ (the case in Berlin/Munich), financially it really doesn't matter whether I net 6500 EUR month working 50+ hours for FAANG or 4500 EUR working 35 hour weeks for a German corporate, even though the gross salary for the FAANG job is twice the German job.
If that is lacking, German population mentality is worse that I thought, less efficient, more incompetent social-state-feed-lazy-me model, which is of course unsustainable. Ungood in global times, very ungood.
I have a friend who works quite high in sales for BMW directly in Munich, and even despite his general politeness he... isn't happy where company and Germany overall is heading. Was a big proponent of green deal before when everything was rosy, finally understood what a shoot-your-own-feet idiocy that was. Eastern wing of EU was screaming all this since beginning since this is by far the #1 issue they have with EU, but nobody in Brussels or Bonn gave a nanofraction of a f#ck..
Financially in the first case you can afford a mortgage on said property (barely, with some help from parents/partner, maybe aiming for something slightly out of the very city centre), in the second case you cannot. Also, 4500 net for a 35-hr week is something you will not easily find in a German corporate: at that level, levels.fyi only lists non-German multinationals. Unless you become a contractor, or rise really high on the corporate ladder.
But I agree on the rest of your comment, and I have also left Germany because of the massive amount of money that the government feels entitled to take from the pockets of the so-called “top earners” (i.e. anybody making the equivalent of 70'000 $) while giving back barely anything in terms of services.