Re:Ask HN: Why don't I see gold at the end of the remote wor...
by tchaffee on Wednesday October 19, 2022 @06:38AM
(#33260131)
You need to give the actual numbers, otherwise I don't believe it.
The cost is not close when you consider US tech employees who earn almost double what EU and UK employees earn. Corporate taxes in the UK have traditionally been lower than the US and UK companies don't pay for medical insurance. It's simpler and cheaper to launch a startup in the UK compared to the US.
I doubt the situation is much different between US and German or German and Irish companies. It's rare in my experience that companies can explain away salary differences by showing cost differences. Which should shock no one. Most companies seek to minimize labor costs and pay close to local market rates. If instead they were seeking to share profits you might see the result you're describing.
The cost is not close when you consider US tech employees who earn almost double what EU and UK employees earn. Corporate taxes in the UK have traditionally been lower than the US and UK companies don't pay for medical insurance. It's simpler and cheaper to launch a startup in the UK compared to the US.
I doubt the situation is much different between US and German or German and Irish companies. It's rare in my experience that companies can explain away salary differences by showing cost differences. Which should shock no one. Most companies seek to minimize labor costs and pay close to local market rates. If instead they were seeking to share profits you might see the result you're describing.