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by Rinzler89 2775 days ago
Because Germmany like most other European countries doesn't really have any local FAANG like companies and you can see than in the job market.

Most dev salaries at local companies are garbage compared to what FAANG companies pay in their EU offices.

1 comments

News for you: FAANG companies pay garbage salaries in their EU offices (Switzerland is not EU). Source: glassdoor.com
Still they pay more than market. EU salaries are not very high in general, but taxes are. So big tech firms just need to pay a bit more than the market to attract talent.
L5 SWE in London is ~US$200k total comp. No, not quite as much as SF, but that's still insane money outside of finance.
£160k/year won't allow you to even buy a family home within 1 hour distance to the office over 10 years that is around maximum you'd spend @ FAANG as a SWE. It's truly pointless to feel good about it even if it is considered "insane money" due to really low London engineering salaries (worse than Munich on average). For the same work you'd likely get 350k CHF in Zurich (and won't be able to buy apartment either as Swiss aren't selling).
Working near a major station like Kings Cross where Google is gives you a really wide area with a sub 1 hour commute. Plenty of commuter towns in that radius have housing easily affordable on half that salary.
Funny that you believe Glassdoor salaries as being accurate. People who earn the big bucks don't advertise that on Glassdoor.
The comparison remains valid, even if it only tells you that the people not earning the big bucks in one place make more than their counterparts in another.
Fair point, but even dwarfed by what they pay back home, they still pay more than what the local companies do even though the bar is so low.