[tails4e]

I have to say I am constantly amazed at how high silicon Valley renumeration is. 600k to 1M would get you a lot of engineers pretty much anywhere else. Even if we don't look at the higher end, 200k is very common it would seem, and that would get you 2x engineers is Europe. Im in Europe and I've seen the quality of engineering is no different; the SV engineers perform the same (and some much worse), but still hiring plans favour SV typically. Can someone explain why, especially for publically traded companies that are typically very tight on budgets?

[jmchuster]

The top companies make over a million in revenue per employee.

[tails4e]

They would still make that by employing in cheaper locations also, that's the main point I was making, enginneer capability is very high in Europe (and I've direct experience by having lived and worked in both US in SV and Europe)