alt Hacker NewsSure, if they want to pay decent salaries.
But no, you can make 3-4x in the US. That’s not an exaggeration. And before someone says ‘free healthcare’, big-tech employers in the US provide pretty nice insurance for employees that caps maximum out of pocket expenses to about a week of your salary.
EU (except Zurich and London) tech salaries have sort of stagnated to a point that you make about the same in Bangalore, and spend significantly more.
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Those "decent salaries" have caused a lot of trouble in the US. They are probably not that good for the society, even if they attract foreign talent.
There is not much difference in labor share of GDP between the US and the EU. People who work for living get a similar share of the value they create in both blocks on the average (maybe a bit less in the US), but it's less evenly distributed in the US.
Top 10% earners are now responsible for ~50% of consumer spending. That doesn't mean billionaires and capitalists, but upper middle class professionals and other high earners. The economy is great on the average, but most people don't feel it.
> But no, you can make 3-4x in the US. That’s not an exaggeration
Eh, we'll see how long that lasts as the transition from financial capital to global pariah progresses. It's quite possible that our labor is extremely overvalued.
Add free education and childcare to the mix and the difference shrinks quite a bit.
Not to mention the fascism problem of course.
Conveniently enough, neither Zurich nor London are in the EU anyways!