Euro Top Tech Jobs - Week 48
Tech salary ranges across Europe
In case you lost my latest article on how to CoastFIRE as a dev in Europe, here are some things I mentioned there regarding dev salaries in Europe - expanded with some other data.
Who pays the highest tech salaries in Europe?
Big tech companies: Google, Amazon, Meta, etc.
Tech scaleups (competing for talent with big tech): Datadog, Uber, Airbnb, Snowflake, etc.
High-Frequency Trading (HFT) firms like Jane Street, Citadel, HRT, and AI companies like OpenAI, Anthropic etc, pay even more (sometimes, a lot more).
Fully-remote tech companies paying six-figure salaries.
All of them are tracked on eurotoptechjobs.com and that’s why that site exist: to help you land these jobs.
Big tech salaries
The compensation is structured like this:
Base salary
Yearly bonus
Stock options: called 'RSU' (you get company's stocks, then you can sell it for cash)
The following numbers are for the Total Compensation (the sum of the above 3 components).
In Poland and Spain:
$70k+ for junior devs
$100k+ for mid-level devs
$130-150k+ for seniors
$170k+ for staff
In Romania, with the role being equal, compensation is roughly 20% less.
In France, about 10-20% more.
In Germany, Netherlands, Ireland and the UK, it's roughly:
$120k+ for juniors
$200k+ for seniors
$270k+ for staff
In Switzerland (mainly Zurich), it's:
$190k+ for juniors
$300k+ for seniors
$450k+ for staff
If you want to CoastFIRE, saving rates are gonna be important too
Some time ago I built this free tool to check saving rates across tech cities in the world
Screenshot to give you an idea
EuroTopTechJobs has more fine-grained and up-to-date data
Of both compensation and saving rates
Fully-remote jobs can also yield great saving rates
Especially if you optimise your location in low-cost low-tax country
HFT and AI companies
Pay about 50% to 100% more than big tech but are more competitive to enter: fewer roles, very strong candidates competing against you.
High CoL and high TC tradeoff
Company and role being equal, except for remote roles, the higher cost the location, the higher the pay, and the higher the saving rate.
So technically, if you’re trying to accelerate your savings’ growth, target high CoL is gonna help you.
But, at the same time, high CoL (western Europe and Switzerland) nowadays have fewer opportunities and more applicants than Spain and Poland - for example.
So, landing a top role in a low pay/CoL country, might still yield you higher saving rates than landing a normal role in a high pay/CoL country.
And this is assuming you’re up for spending some years in high CoL, to then relocate to low CoL.
If you want to always remain in the main place, probably low CoL countries will yield you, as a top dev, more purchasing power and probably wealth in general, over the long run.
This article is brought to you by:
Euro Top Tech Jobs - The #1 resource for landing Top-Paying Tech roles in Europe:
4000+ top paying tech jobs in Europe from big tech companies, HFT firms and high-paying scale-ups.
Hundreds of jobs from 100+ fully-remote companies paying $100-600k per year.
Private guides - like this one - to help you land these jobs.
Six Figure Euro Engineer - Maximise your chances to boost your Tech Career in Europe, reducing time to success:
Work 1:1 with me (Nicola Amadio, author of this newsletter), and join the other engineers who were able to 10x their tech career in the past few months!
