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Comment by cedarorbit7392 | Hacker News Reader

There are several things to take in account.

Base salary for fresh out of school engineer is about 40 kEUR. You need to add 75% of social contributions, so that totals around 70 kEUR.

If you are a "young innovative company" though, you can have exoneration of these social contributions and only pay ~40 kEUR for the first few years.

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Woah, 40kEUR for a fresh out of school engineer is a lot considering my zone (IT, GE, FR). Maybe in a corporation or something like that, but in startups and similars it's already a good start to have 20kEUR out of school (taxes included)

If you have a stage/intership contract it can be also less then 12-15kEUR (taxes included)

I'm in an intership in France , and that's true , I get 15K EURO , that's the maximum salary for interns in France!

I never heard of a maximum compensation for internships...

I don't know about France but I'm sure in Italy there's a limit[1] similar to that (no more than 1000-1200€ per month) because on internship ("stage") the company is not paying a lot of taxes - almost nothing - so you can't expect to allow them to pay an intern 3000€ per month as the tax saving would be huge and they'll use crappy contract more than they're already used to do.

[1] I'm not sure it's a hard-coded limit in the labour law or if it is something more related to the fact that if the wage is "excessive" you could have problems with the tax authority.

- Base salary for fresh out of school engineer is about 40 kEUR

Are you talking about France?

Yes, in France out of one of the "top" schools, in Paris area. As yulaow mentions, it can be cheaper in other areas.

the average for good schools is around 35kEUR, I think. Maybe slightly more if you're in Paris.

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