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Comment by kmac_

2 days ago

That's right. 90k is the correct value for a mid-level (real, productive) developer across Europe. 40-50k is possible, but for entry-level positions.

If you look at engineering salaries in Germany, 90-100k is what you pay for a senior engineer or PM, not a mid-level one.

  • Salary is not the same as paying a contractor. So, while salaries for senior engineers is 100k, as a contractor they might be charging 150K per year ($75/hr).

Is this the thing where the 99th percentile people somehow think they're the average? I see that a lot on Reddit for some reason.

  • It is a selection bias, plus perception that the people with more (the 0.01%) are a lot more common. "I dream of being rich, and to me rich is..."

    More specifically:

    To be in the top 10% of earners in the USA, you need an annual income of at least $148,812

    To be in the top 5% of earners in the USA, you need an annual income of at least $352,773

    The median salary in the USA is approximately $59,428 per year