Ask HN: Startup Salaries in Europe Are there legitimate, credible sources that aggregate startup salaries in European tech hubs? Or is anyone willing to share about this? |
Ask HN: Startup Salaries in Europe Are there legitimate, credible sources that aggregate startup salaries in European tech hubs? Or is anyone willing to share about this? |
2013: 34k (junior Frontend)
2014: 40k (Fullstack JS)
2015: 50k (Frontend)
2016: 60k (Frontend)
Went freelancing after this...
2020: 85k offer for Senior Software Engineer
All numbers are from StartUps. You have to know however that you probably won't find a unicorn in Europe just yet. It's not the same mentality as in the US.
I currently work for a US company with a European location, and it differs quite a lot.
30+ days holidays + country wide holidays 38h work week Free day care where I live
I checked and I would have to earn around 140k in New York or 280k in San Francisco to have the "same" quality of life as 85k in Berlin buys me. However, in Berlin I have additional benefits like the ones mentioned above. I pay around 1100 Euros for a 110qm apartment "downtown" and have no car.
That is incredibly cheap, which neighbourhood is it if I may ask? I live in Munich (well outside of Munich a bit but work in Munich) and trying to relocate with rents being very expensive. I can get a 1 room apartment (30ish square meters maybe) in a decent block for that money you pay in Berlin.
It's kinda hard right now to find apartment with good quality/price ratio. But yeah, Berlin is still much cheaper then Munich if you look for family-sized apartments.
I don't know how the situation is at the moment with COVID though.
This is for software engineers.
Comparing take-home £ in isolation is almost meaningless - it doesn't equate to disposable income after expenses - or what that disposable income can buy.
IOW making 200k in SF is less than say 50K in Milan. (numbers made up)
But there were other perks- 35 days minimum vacation (I was required to take those days by law), a very clear work life balance, more relaxed work environment and a better quality of life overall.
I did end up moving back to the US to make 3x more (money is important to me right now), but am planning to return after my wife and I have kids- the quality of life differences are just too great.
My general sentiment is that locally that's more than what most startups are paying, but at the same time most startups aren't hiring mid-senior people.
As far as regular tech companies go, it's a good but not great salary.
Answers here: https://goo.gl/X45Dtt
Maybe worth a re-post on HN.
Junior - £16-18k
Mid Web Developer - £30k
Very early startup React/Laravel - £28-30k
Senior/Head of Web Development - £30k
Software Developer - ~£42k
Expected future salary - £50k-£60k (~15 years experience)
Reading HN can give you a very unrealistic view of salaries when you look at the UK outside of London.
For context, I've been running talent functions for tech startups in London for about ten years as well as running a number of tech job boards over the years.
Senior individual contributor roles (so not factoring in team lead roles) go to as high as £90k but around £70k is more typical of the average senior frontend developer.
Is it as common as the US? What is normal for percentages/allotments?
As a rule of thumb, usually you'll be taxed for your gross salary (including bonuses) + (value of stock received).
AFAIK in my country (Spain), you'll be also taxed by the value of the options. Some other countries allow you to deduct the option buy cost - if any.
30-45 - junior
45-60 - mid
60-80 - senior
80-95 - principal
95-120 - vp
Is it livable?
For comparison for a two rooms apartment in a city (again, except for Milan) you usually pay around 400-700e so it is livable and you can save enough money month over month. If you are a couple with both around the same pay you can live quite well and with a senior role (typically you get 38k = 2100 euros/month but I see some good companies offer 45k = 2450euros/month) you really have no problems at all and can save a lot + buy a 3 or 4 rooms apartment easily.
Then Milan is an exception. There as a senior you can get quite easily 65k = 3400 euro/month to 85k but the cost of life is London-level and rents are absurdly high in any part of the city, so much that mostly you want to live outside of it and just commute via trains.
So, for everybody to know: a salary of, let's say, 70K in Germany for a single person (tax group 1) living in the west would translate to around 3300 euros per month after taxes.
> Health insurance is not 100% free (e.g., you go to the
> doctor and he prescribes you some pills. You have to
> pay for those pills yourself. Sure the doctor
> doesn't charge you for the hour).
Just to be clear, the pills are still often subsidized and very cheap where they are not. It is uncommon to have medical expenses of more than 30€ per visit even for cosmetic concerns.Also important to note that most of the fee of 300€ per semester of university pays for a public transport ticket which allows you to take busses and trams in the city where your university is located and usually also trains within your Bundesland.
You are correct, it's "free" only for a loose definition of "free" - but I think the point (when compared to say US health and education) stands...
First StartUp was amazing, super professional people. Run out of money and laid people off (StartUp still lives and grows now)
Second StartUp was led by mid-twenty Bros and not the culture I wanted to be part of.
Third StartUp led by people bought in by a bigger corporation. Had no idea how to run a company. Best team I have ever worked in but worst business I ever worked in as well. Almost everyone left after being there for 6 months.
Fourth StartUp ad tech industry. Learned a great deal, solid co-workers, but had enough of "We are a cool StartUp" vibe and went freelancing.
General speaking, I don't dislike StartUps, but oh boy I am too old for this now (35 years old).