[fy20]

In Europe it seems to have changed too. Salaries are still of course low compared to the US, but it seems the salaries are stabilising across the continent.

I've been speaking to recruiters recently and a lot more companies are open to fully remote, even across borders. 10 years ago if you wanted the best salary in Europe you would need to go live in London, now there are plenty of companies hiring remotely across Europe and paying salaries close to what you'd get in London.

I interviewed for a similar senior role in London and Berlin companies this week, and was really surprised the German company was paying more. Even working for local companies in Eastern countries you can often get good enough salaries, so that relocating to traditional tech hubs in Western Europe isn't really worth it, once you take into account cost of living adjustments.

[tigershark]

Mmm.. I think it’s unlikely. London salaries at the top of the scale are not that far from the equivalent US. In Europe I don’t think it is the case, depending on your definition of close obviously.

[svilen_dobrev]

some rough numbers from last year... very senior tech role - fully remote :

* London : >100k pounds = ~120k E

* Berlin : >90k E

* Sofia : >50k E

but, when applying the taxes thereof:

* London : >120k E - 45% taxes -> 66k E

* Berlin : >90k E - 45% taxes -> 50k E

* Sofia : >50k E - 10-15% taxes -> 45k E

Which means.. it mostly depends where you (want to) live.. as differences in price/culture of life are much more than above differences.

[heavenlyblue]

Your calculation is way off, UK taxes are progressive but you don't just get a 45% once you reach the threshold - otherwise there would be salaries where it would be better to earn less than slightly more.

Here, the calculation: https://listentotaxman.com/?year=2021&taxregion=uk&married=f...

120K EUR is 79.7K E

PS: Also 120K EUR in the UK is NOT very senior.

[aix1]

I haven't checked the other two numbers, but your UK tax calculation is off. A more accurate after-tax number (applying correct income tax bands and national insurance) is €80K.

[ChuckNorris89]

>but, when applying the taxes thereof:

And once you apply the CoL adjustments, the numbers further skew in favor of Eastern Europe.