| This is what rest of the world looks like USA people! Developers are generally paid enough to get by but not crazy salaries. There are exceptions but required you to get through tough interviews. No $200k TC interns out here. It means picking up a trade or just doing a scrum master job or traffic duties become viable alternatives. Developers are caught in stagflation. Buying a property in Sydney metro area (within 90m commute) for example would be challenging for most devs. Prices have tripled and over the frame of 15y while dev salaries or contract rates have not increased. |
In the end they had a shortage of nearly 100,000 drivers and had to massively incentivise new entrants to the industry. It's a complete outlier as far as blue collar vs white collar jobs in the UK/EU for the most part.
https://www.bbc.com/news/57810729
That said, overall the EU is paying somewhere around €80-120k for Senior Developers in the HCOL areas and as low as €45k in places like Spain. Overall, individual Contributor salaries outstripping even minor middle management is rare below architect or principal outside of FAANG.
This leads to the situation the commenter above identifies - that fairly vacuous softer-skill based IT Roles like Scrum Master or ART or Release Manager out-earn the median Engineer and are seen as a viable alternative for motivated people.