For senior and above positions, it gets trickier. Python is one of the most searched languages in Australia. It is much harder to predict. For a longer list of top-of-the-market companies and finding these, see my subscriber-only article Finding the Next Company to Work At. For example, at Uber a typical senior engineer offer was around 175K/year total compensation: 115K salary, 20K bonus target and about 50K/year equity vesting - around 4,800 RSUs for vesting over 4 years, with a 1-year cliff). Japan is growing exponentially; Russia and China have a huge culture of programming, and IT companies are growing rapidly in these countries; and India, Southeast Asian countries (Singapore and Indonesia), and South Korea (Seoul) are other popular and growing markets. C, C++, and C# programmers are still in demand in these nations, making them evergreen programming languages and famous among software engineers and developers. This is also why it's hard to answer how much an engineer working at the likes of Uber is earning. I benefitted from taking a risk at Uber. I'm doing so as, unfortunately, there's little practical advice on how to prepare - and I have first-hand experience both preparing for Facebook and Uber, as well as interviewing candidates while at Uber. Here's the type of rewards some people got at Uber Amsterdam: At Uber, I've seen people who were a level below me, but still making more per year than I did, thanks to their outstanding performance, impact, and the bonus that followed. In 2015, Booking.com was the highest-paying employer across Amsterdam - and the Netherlands. The base salary and bonus: those are easy to quantify. Argentina pays PHP developers generously compared to the countrys average pay for other IT skills. Especially relevant for those in big tech and at high-growth startups. An engineer who joined Databricks in late 2018 has $6M worth of stock - on paper, that is. Vendors are pushing heavily on the benefits of predictive analysis to automatically identify and remediate network issues. Privacy Policy Industry 4.0 has emerged thanks to the countrys legacy of heavy manufacturing, and it is currently attracting huge attention from both small and large businesses. Becausethese companies business models are changing, digitisation reaches the production [process] and even the product itself.. Many engineers had RSUs issued at a $48 preferred price, Uber IPO'd at $45, and the stock traded at $30 when the lockup expired, and people could sell: The total compensation number of anyone with Uber stocks would go down at this point. The last drop had folks at likes of Apple, Google, Facebook, Uber, Box, Flexpory, Shopify and similar companies. They also offer stock more generously then they would, after a successful IPO. 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While Java remained the favorite in all the top destinations. The 2019 Honeypot Amsterdam developer survey says, "the most experienced developers earn an average of 55,000 high as over 70,000". However, imaginary money usually comes at a discount, and offered in larger amounts to offset the risk of people joining earlier. Above senior positions are rare, and are almost looking for people who can have organization-wide impact on complex and impactful problems that is measured in the tens or hundreds of millions in users or revenue. In 2015, Uber paid in-line with Booking.com, and it was uncertain if there would be an IPO in the foreseeable future. Switzerland, Sweden, Australia, and the United States have higher software engineersalaries than other countries. If you are a Ruby developer, Japan needs you. This organization is deciding which EU countries to open an office, the head of mobile already getting budget approval for a major hiring spree. The below graphs compares the popularity of programming languagesin order of Java, Python, PHP, C#, JavaScript, C++, C, Objective-C, R, Swift, Angular JS, Ruby, Perl, Matlab in each country respectively. If you work in tech, in the EU, please consider anonymously sharing salary data you are aware of via this form. If someone is not up to expectations, and does not improve despite direct feedback, they won't think too much about letting this person go, and hiring someone else who will do so. A site that is better at capturing all three tiers is the one I'm building: TechPays.com. The numbers in the table depict the popularity of one language over another, as searching on Google. You can be public or anonymous, and Ill be curating the list of companies and people. COVID has also been a major boost for high-paying senior jobs. For an entry-level role, this number would be 40,000-65,000. Here are examples of what I write about. Most of these places call engineering as IT, and often view it as a cost center. Here is the split of the three groups of companies, based on their compensation philosophy: #1: Companies only benchmarking against their local competition and non-tech companies, competing with their local competitors. Because we could reward high performers disproportionately, these people did not even think of leaving. People joining after the IPO got half or less the stock units than people joining beforehand: there was no risk to be compensated for, any more. These values have been expressed in US dollars. The above jobs score at least 10/12 on The Pragmatic Engineer Test. You also need to be up-to-date with where the industry is at: may this be backend, web, mobile, or ML systems. At companies who pay top of the market, people who are seen as key engineers often see outsized rewards, on top of the already great salary. Update: dozens of hiring managers confirmed this trimodal model applies to all global markets: from the US, through Asia to Latin America as well. Learn some Companies should create a 'workforce ecosystem' that considers value creation from both the internal and external workforce, A flaw in Questions For Confluence, a first-party application in Atlassian Confluence, contains a hardcoded password enabling Are you looking to create or update your organization's data security policy? And companies in #2 who do not offer meaningful equity for software engineers on top of a competitive salary will struggle to recruit anyone from #3. In 2017-2018, Uber started to issue larger packages, and the IPO timeline became more certain: However, most Uber engineers would describe the IPO in 2019 as disappointing. if you want to know more. With equity appreciation, the total compensation value could go higher, as would with outsized rewards for top performers. Between 2016-2018, Uber re-benchmarked its compensation model to go head-on-head with the highest-paying tech companies in Europe: Facebook in London, Google in Zurich, Twitter in Dublin, and similar organizations. Demand for software developers in the Netherlands will increase as companies are expected to spend more on software, said Forrester. A lot. Many of the companies in #3 represent exciting professional challenges that companies in #1 or #2 do not have to offer. The best advice? These places pay well not just because they can, but because they want high-performing teams - and people. It is one of the basic skills of an IT job, Poulissen added. Many refugees are young, well-trained and motivated, said Dirks. Whats happiness without a handsome salary? Netflix is well-known for their "keeper test" and while working there comes with more cash than any other place will pay, getting fired is never far from anyone's mind. Technology is not treated - or compensated - as a core competency at these companies. Would you like to get updates once a month on our latest articles? They'd aim to pay right around or slightly above what the other local supermarkets, e-commerce sites and similar businesses pay. But Blockchain is most famous for its cryptocurrency applications, but data centers can employ it for a variety of business-related Nvidia's QODA platform bridges the chasm between quantum and classical environments. The updated Uber compensation packages in 2018 were pretty much identical to that of Facebook London. Read here 8 different job roles in Data Science / Big Data industry. And schools IT studies and companies are working together to make sure the right skills are being taught.. Using country-specific search for the number of software engineers jobs listed on Indeed, we found data which matched our previous research on. What this means is both a new grad and a senior software engineer could be making up to 4x the annual compensation, depending on what company they are working at. The top of the market has accelerated rapidly in the Netherlands, the past 5 years. Swedish people had been searching for Swift programming language more often than others. Interested in more? The total compensation packages in the US have been shockingly high from the perspective of EU software engineers: and many engineers from the EU have packed up and left, seeing the wide gap. Trading companies like IMC Financial, Optiver, Flow Traders or Jump Trading are in this group as well. To keep things fair we decided to dig up data from some popular sources to identify the best countries to work in for software engineers. All companies would offer a cash bonus and equity scheme for all engineers - even entry-level ones -: cash bonuses often going to 40-50% of the base salary for top performers, and equity sometimes accounting for more than the base salary for senior folks and high-performers. Examples would include IT teams for local supermarkets, or e-commerce sites and similar. In Europe, this means competing against all other major EU companies, and often recruiting people from London, Berlin, Barcelona, and outside the EU. However, Uber soon stopped competing "just" locally. They want to be here, work and use their new chance actively. Bigger organisations are outsourcing their software development, while smaller ones are keeping software development in-house and are training professionals who are new to software development. No one really gave it, The skills gap is real. Find out how you can be that in-demand dream developer. A person who works at Opendoor shared how right after their IPO, the number and quality of applicants have skyrocketed - which is an all too typical story. Much of the high total compensation numbers are linked to equity that software engineers receive. Almost 64% of the IT companies surveyed have vacancies for software developers, and 27% of end-user companies are looking for similarly-skilled staff. Compensation is also structured in a way to pay for performance - for example, all employees performing at expectations already get large cash and equity bonuses, while those who are below this bar can see their bonus hit zero. Silicon Valley companies opening EU offices have been a huge source of moving the market upwards - and swinging the balance back a little bit towards Europe / The Netherlands. It usually means unpaid oncall, often working with various timezones, and it can mean poor work-life balance compared to other places. Did I mention that over 4 years, no person who reported to me left Uber - up to the summer 2020 layoffs, that is? Get a referral if you can, and tailor your resume to the position you apply to. 
Interested in more details? In Germany, tech spending is forecast to grow by 5%. It goes the other way as well: people seen as top performers will get rewards and retainer bonuses unheard of outside the group of #3 companies. Subscribe now to The HackerEarth Blog! Meanwhile, I've observed the average senior total compensation figures at Uber nearly double from 110,000 in 2015 to 170,000-230,000/year by 2020. For an entry-level role, this number would be 65,000-100,000. They said: I talked with the head of mobile engineering at a pre-IPO decacorn, who told me he's amazed he can hire staff-level engineers for $180,000/year (150,000/year), who work extremely well, and on par with their Bay Area engineers who cost 2-3x this much, at $400-600,000/year. But the equity that can make up a major portion of your salary? The requirement of R programmers is higher in Switzerland, USA, India, and much more so in Germany and France. Often, the lower median salary is easier to stomach because of the lower cost of living. The Dutch have not stopped financial innovation since they invented the stock market, said Forrester analyst Andrew Bartels. Following promotions, they are now making more than $450,000/year (378,000/year). You can read the detailed research below and other picks of top countries list based on various job profiles. Get vetted drops twice a month, from engineers and managers currently working at Big Tech, high-growth startups, and places with strong engineering cultures. In the Netherlands, the #1 companies places where it's common for the majority of the people to work less than 5 days a week, work to be steady and easy to plan, and work not starting betfore 9, or running beyond 5. The market - and compensation - for software engineers have moved upwards at an incredible pace over during this time. A shortage of IT professionals in Germany and the Netherlands is worrying enterprises, industry associations and government institutions in the two countries. Like it or not, this a hoop that these companies will want all successful applicants to jump. Theres no way around it and it has only been increasing exponentially. The event data streaming vendor's new update introduces features to make it easier to integrate into a multi-cloud data stack All Rights Reserved, It's not just Uber: Booking.com senior total packages have gone up by 50% from around 100,000 in 2016 to 150,000+, as part of the EU salary research I've been running (I'll share the survey reports in-detail in later blog posts - subscribe here to not miss it). A few years ago, the concept of working remotely or hybrid-working was quite far-fetched for the general public. These companies still pay well, but will not pay any premium for a pre-IPO risk, and if you apply, you'll have far more competition to stand out from and you'll need to prepare more for the coding and systems design interviews. Ruby leads in Ireland. An engineer with a few years experience hired at the entry level could make above 100,000 in their first year, though. As in other European countries, Germanys business technology agenda is driving growth in software and tech consulting. I'm writing up my raw Big Tech interview preparation thoughts in emails that you're welcome to subscribe to if interested. Stripe and Spotify have both started to hire for permanent remote positions in Europe as well, expanding their hiring pool to all of the EU. I'll be publishing more detailed data points on this blog on the Netherlands, UK, Germany, and other EU countries' software engineering salary data that people have shared- and you can share as well. Companies in traditional sectors are becoming digital companies, said Dirks. Of all EU countries, the gap between employer demand and jobseeker interest has widened the most in Germany. Copyright 2000 - 2022, TechTarget portalId: "2586902", Some of these people were on my team - and I loved that the system allowed this difference. There tends to be little difference between #2 and #3 in terms of pace: they are both fast-moving, and often set high expectations for those who would like to perform well. The hot software developer skills of the future might not involve as much coding as you think. Industry association Nederland ICT is working with schools and government to raise interest in IT as a career. A Dutch software engineer with 15 years of experience has joined a pre-IPO US company, working remotely to build large-scale distributed systems. The majority of companies in the Netherlands will fall into the #1 and #2 categories of companies aiming to compete only on the local market. In Germany, Bitkom is considering training foreign refugees to help fill the skills gap. Are you hiring senior+ engineers or engineering managers? 
For an entry-level role, this number would be 25,000-40,000. Why would they? You can subscribe here for free. Candidates keep accepting their current offers, that have not changed significantly the past years, and attrition remains as usual. Companies can provide guest lessons at schools, says Poulissen. On the flip side, when working at a place like Netflix, you don't have to put up with people who are deliberately slacking or are pulling the team down: they won't be for the company for very long. Even if it was not for the compensation, they might be worth exploring at some point during your professional career. Do Not Sell My Personal Info, Datacentre backup power and power distribution, Secure Coding and Application Programming, Data Breach Incident Management and Recovery, Compliance Regulation and Standard Requirements, Telecoms networks and broadband communications, Ivo Poulissen, policy adviser, education and labour market, at Dutch industry association Nederland ICT, Buy plug-n-play malware for the price of a pint of beer, SSEN partners with Icebreaker One to break energy data silos, Digital drives workplace trends in the Nordics, Cilium speeds sidecar-optioned cloud-native networking. Despite the strong demand for IT professionals, there is a discrepancy between the kind of skills and experience that employers are seeking and what job-hunters CVs have to offer. You'd have to have worked on similar systems before, often working at either another #3 company, or one of the better #2 ones. The higher the ration of equity in your compensation, the higher gains - or losses - you can see with the equity price going up or down. These companies would typically pay 75,000-125,000 total compensation (base salary + bonus + equity) for a senior engineering role in the Netherlands. This equity can become very valuable on a successful IPO - but is not guaranteed to do so thanks to the nature of equity: Databricks, Flexport, Miro, MessageBird, and other companies with large Amsterdam offices are all ones that are expected to go public in the next few years. We listed these countries in order of their Happiness index and technological advancement in the field of IT over the years. However, many of these companies will be in for a surprise the coming years as the #3 category of companies hires the best talent away from #2. Most companies tend to assume they are a tier higher than they actually are - because they have little data points that prove otherwise. Startups with little capital and bootstrapped companies might fall in this category. It's the #1 technology newsletter on Substack. #2: Companies benchmarking against all local companies, even if they are not direct competitors. I was lucky enough to work with - and learn from - engineers who have built the original PayPal payments system while working on Uber's payments system, read RFC comments on whether to use React Native from one of the first React Native core engineers who joined from Facebook, or get feedback on how not to mess up a big project from a manager who saw Google Plus fail first-hand. The exception to this is trading companies: they will not offer equity, but year-end cash bonuses will be 50-150% of the base salary. 
Although the projects currently under way are small, Forrester expects more and more companies to drive investment to this area. Software language skills in demand are .NET, Java and PHP. But Canada gives first preference to Perl coders. Research from Bitkom shows that almost 60% of the German companies surveyed are short of IT specialists, and demand is greatest for software developers. A growing number of EU software engineers are considering or have moved back to Europe. Sign up to The Pragmatic Engineer Talent Collective and get sent great opportunities without any obligation. For above senior positions, you'll only have a shot if you've solved similar-scale challenges to what these companies are doing, and have worked at comparable environments. I'm seeing the software engineering compensation market becoming trimodal - split into three distinct groups that "spike" and that have little overlaps. The Netherlands is a front-runner for them. An example is a Dutch engineer I know leaving their 80,000/year ($94,000) job in the Netherlands for an initially $350,000/year position at Lyft. Most of these companies will pay a salary only: a fraction of them will have any bonus scheme in place. In the Netherlands, examples of these companies would be eBay classifieds, Adyen, Nike, Disney Streaming, and well-funded, high-growth startups like Catawiki, FindHotel, Miro, MessageBird, TripActions would also be in this category. Writing The Pragmatic Engineer Newsletter and advisor at mobile.dev. Software is eating the world, said Poulissen. Indeed.co, available in 50 countries and 28 languages, is one of the most high-traffic job websites in the United States and other countries. In the Netherlands, these companies would pay 50,000-75,000/year for a senior engineering role in the Netherlands, everything included (apart from the hard-to-value early-stage startup equity). We understand that the quality of life, safety, cost of living, state taxes, commute cost, etc. (Also read How to hire a full stack developer). A data scientist is one of the highest-paid jobs across the globe. For example, the Dutch financial services company ING will invest 200m to expand its digital banking platform.. I cover topics relevant to software engineers and engineering managers at Big Tech and high-growth startups. For example, the German government is spending almost $500m to developIndustry 4.0 technology. Other European companies targeting the global markets would be wise to take note - and hold on to their key people. Compensation is just one data point - though one that tends to have little transparency in Europe. Apply here - spaces are limited. #3: Big Tech: companies benchmarking against all regional or global companies. Examples of companies in this space are Uber, Booking.com, Databricks, Amazon, Flexport, Plaid, Redis Labs, Stripe, Elastic, GitLab, GitHub, Datadog, Apple, or Netflix. formId: "16dc0e26-83b0-4035-84db-02916ceab85d" Yes, healthcare and the cost of living are more expensive in the US: but this person has told me their only regret is they had to leave home to get paid their worth. I was cautiously certain that Uber would have an IPO within a few years of joining given the investor pressure building up: some of my friends thought I was being reckless in joining a company that offered imaginary money at large. There is a chance these companies won't IPO: just like there was the chance that Uber would not. From my experience, English speakers can find the most jobs in the U.S. (West Coast, obviously), United Kingdom (London), Ireland, Netherlands (Amsterdam), Switzerland, and Belgium. The Netherlands needs to shake up its education system to, UK homeworking more than doubles since 2019, AWS and startups: Using accelerator programmes to help enterprises address their pain points. By contrast, the gap between employer demand and jobseeker interest has narrowed the most in the Netherlands. Outsized compensation and rewards also attracts really good talent - who you get to work with, if you also make it into the same company. C#, despite showing a high requirement in the job portal, is not really popular. In the U.S., China, India, and Japan, PHP developers have quite sought after. (Watch this article as video narrated by me, with additional context). Its product is totally based on software, he said. This rise is fuelled by Industry 4.0, which refers to technologies and processes related to the internet of things, analytics and cloud technologies, applied in a smart manufacturing context. Only a smaller portion of this category offer meaningful equity to all engineers, though. I made a video, sharing more of my thoughts on why a comparable software engineering position can pay very different. A major difference is how many #2 places are in one timezone, and people can often disconnect in the evening hours. Thanks to this policy, as a manager, I was able to work with some of the best engineers throughout my career - for an extended period of time. Places that offer high compensation usually mean higher competition to get in and stay on the job. These are people who are often just entering the market, or are open to new opportunities: but they have not signaled this anywhere else. Google Trends is a public web facility of Google Inc., based on Google Search, that shows how often a particular search term is entered relative to the total search volume across various regions of the world, and in various languages (Wikipedia). Hence, we listed the average salary for a particular job (Source PayScale). But the scenarios change when we talk about non-English speaking nations. The whole economy is becoming more and more digital, which means technology is becoming an integral part of companies business model. I'd like to take credit for convincing people with Facebook/Google offers to choose my team: but without a compensation package that was competitive, all my efforts would have been worth nothing. Look into understanding the money markets, the current and past IPO trends and make your own decisions. Most of these companies will have a bonus scheme in place that pays up to 20% of the base salary in cash, and many offer equity to more senior engineers. But its hard to say what skills will be asked for in the next couple of years. For example, at Uber, a standard new grad offer was around 87,000 in 2020 (70,000 salary + 7,000 target bonus + 10,000/year in stock). Using country-specific search for the number of software engineers jobs listed on Indeed, we found data which matched our previous research on Top programming languages to learn. And even the normal bonuses are what would be considered very large at #2 type of companies. You'll need to get good at large-scale systems design and have relevant experience for the type of work you'd do to get an offer at the senior engineering level. At first, Uber paid similar to Booking.com - though more generous on options, and later with double-trigger RSUs. I've been a hiring manager at Uber, in Amsterdam, for over 4 years. Previously at Uber, Microsoft, Skype, Skyscanner. We wont spam, we promise. The highest compensation packages will also typically be the most volatile ones, value-wise. There are also early-stage, high-growth startups that are promising, and employee equity they award can turn into big gains on an exit years down the line. Subscribe to my weekly newsletter for advice, observations and inspiration across the software engineering industry. In turn, when working with US companies, people at #3 would sometimes start their day later. Innovations create a new kind of demand.. These companies would typically pay 125,000-250,000+ total compensation for a senior engineering role in the Netherlands (meaning base salary + bonus + equity value: either liquid or paper-value: this would be up to around $300K/year in dollar value). Data structures, algorithms: the works. Interesting enough, many engineers did not notice any meaningful salary changes these years. are some of the other major factors to be considered when deciding the top work destinations for a developer. Then, all that imaginary money converted to a large amount of real money. For entry-level roles, you'll have to really prepare for the coding interview. I'm sure it was not just compensation: but it sure played some part in this. Subscribe to my weekly newsletter for engineering managers and senior engineers. This time we decided to figure out which are the top countries to work with, for programming enthusiasts making a living as developers, software engineers, or data analysts. For example, at Uber, one of the Eng1/L3 engineers made 103,000 in their first year (77,000 salary + 11,000 actual bonus + 15,000 in stock for their first year). And more US companies realize they can hire cheap, but world-class software engineers in Europe. If you're responsible for compensation planning in the Netherlands, you might also want to read my article The Perfect Storm Causing an Insane Tech Hiring Market. In turn, this will push #2 to increase compensation and equity allocation, and hire the best people from #2 and #1. Also, follow my The Scoop series which covers market changes and shares advice for hiring managers. As time progresses, people working at companies that award large stock packages, and with stocks that see strong stock growth are also often in these positions.
Interested in more details? In Germany, tech spending is forecast to grow by 5%. It goes the other way as well: people seen as top performers will get rewards and retainer bonuses unheard of outside the group of #3 companies. Subscribe now to The HackerEarth Blog! Meanwhile, I've observed the average senior total compensation figures at Uber nearly double from 110,000 in 2015 to 170,000-230,000/year by 2020. For an entry-level role, this number would be 65,000-100,000. They said: I talked with the head of mobile engineering at a pre-IPO decacorn, who told me he's amazed he can hire staff-level engineers for $180,000/year (150,000/year), who work extremely well, and on par with their Bay Area engineers who cost 2-3x this much, at $400-600,000/year. But the equity that can make up a major portion of your salary? The requirement of R programmers is higher in Switzerland, USA, India, and much more so in Germany and France. Often, the lower median salary is easier to stomach because of the lower cost of living. The Dutch have not stopped financial innovation since they invented the stock market, said Forrester analyst Andrew Bartels. Following promotions, they are now making more than $450,000/year (378,000/year). You can read the detailed research below and other picks of top countries list based on various job profiles. Get vetted drops twice a month, from engineers and managers currently working at Big Tech, high-growth startups, and places with strong engineering cultures. In the Netherlands, the #1 companies places where it's common for the majority of the people to work less than 5 days a week, work to be steady and easy to plan, and work not starting betfore 9, or running beyond 5. The market - and compensation - for software engineers have moved upwards at an incredible pace over during this time. A shortage of IT professionals in Germany and the Netherlands is worrying enterprises, industry associations and government institutions in the two countries. Like it or not, this a hoop that these companies will want all successful applicants to jump. Theres no way around it and it has only been increasing exponentially. The event data streaming vendor's new update introduces features to make it easier to integrate into a multi-cloud data stack All Rights Reserved, It's not just Uber: Booking.com senior total packages have gone up by 50% from around 100,000 in 2016 to 150,000+, as part of the EU salary research I've been running (I'll share the survey reports in-detail in later blog posts - subscribe here to not miss it). A few years ago, the concept of working remotely or hybrid-working was quite far-fetched for the general public. These companies still pay well, but will not pay any premium for a pre-IPO risk, and if you apply, you'll have far more competition to stand out from and you'll need to prepare more for the coding and systems design interviews. Ruby leads in Ireland. An engineer with a few years experience hired at the entry level could make above 100,000 in their first year, though. As in other European countries, Germanys business technology agenda is driving growth in software and tech consulting. I'm writing up my raw Big Tech interview preparation thoughts in emails that you're welcome to subscribe to if interested. Stripe and Spotify have both started to hire for permanent remote positions in Europe as well, expanding their hiring pool to all of the EU. I'll be publishing more detailed data points on this blog on the Netherlands, UK, Germany, and other EU countries' software engineering salary data that people have shared- and you can share as well. Companies in traditional sectors are becoming digital companies, said Dirks. Of all EU countries, the gap between employer demand and jobseeker interest has widened the most in Germany. Copyright 2000 - 2022, TechTarget portalId: "2586902", Some of these people were on my team - and I loved that the system allowed this difference. There tends to be little difference between #2 and #3 in terms of pace: they are both fast-moving, and often set high expectations for those who would like to perform well. The hot software developer skills of the future might not involve as much coding as you think. Industry association Nederland ICT is working with schools and government to raise interest in IT as a career. A Dutch software engineer with 15 years of experience has joined a pre-IPO US company, working remotely to build large-scale distributed systems. The majority of companies in the Netherlands will fall into the #1 and #2 categories of companies aiming to compete only on the local market. In Germany, Bitkom is considering training foreign refugees to help fill the skills gap. Are you hiring senior+ engineers or engineering managers? For an entry-level role, this number would be 25,000-40,000. Why would they? You can subscribe here for free. Candidates keep accepting their current offers, that have not changed significantly the past years, and attrition remains as usual. Companies can provide guest lessons at schools, says Poulissen. On the flip side, when working at a place like Netflix, you don't have to put up with people who are deliberately slacking or are pulling the team down: they won't be for the company for very long. Even if it was not for the compensation, they might be worth exploring at some point during your professional career. Do Not Sell My Personal Info, Datacentre backup power and power distribution, Secure Coding and Application Programming, Data Breach Incident Management and Recovery, Compliance Regulation and Standard Requirements, Telecoms networks and broadband communications, Ivo Poulissen, policy adviser, education and labour market, at Dutch industry association Nederland ICT, Buy plug-n-play malware for the price of a pint of beer, SSEN partners with Icebreaker One to break energy data silos, Digital drives workplace trends in the Nordics, Cilium speeds sidecar-optioned cloud-native networking. Despite the strong demand for IT professionals, there is a discrepancy between the kind of skills and experience that employers are seeking and what job-hunters CVs have to offer. You'd have to have worked on similar systems before, often working at either another #3 company, or one of the better #2 ones. The higher the ration of equity in your compensation, the higher gains - or losses - you can see with the equity price going up or down. These companies would typically pay 75,000-125,000 total compensation (base salary + bonus + equity) for a senior engineering role in the Netherlands. This equity can become very valuable on a successful IPO - but is not guaranteed to do so thanks to the nature of equity: Databricks, Flexport, Miro, MessageBird, and other companies with large Amsterdam offices are all ones that are expected to go public in the next few years. We listed these countries in order of their Happiness index and technological advancement in the field of IT over the years. However, many of these companies will be in for a surprise the coming years as the #3 category of companies hires the best talent away from #2. Most companies tend to assume they are a tier higher than they actually are - because they have little data points that prove otherwise. Startups with little capital and bootstrapped companies might fall in this category. It's the #1 technology newsletter on Substack. #2: Companies benchmarking against all local companies, even if they are not direct competitors. I was lucky enough to work with - and learn from - engineers who have built the original PayPal payments system while working on Uber's payments system, read RFC comments on whether to use React Native from one of the first React Native core engineers who joined from Facebook, or get feedback on how not to mess up a big project from a manager who saw Google Plus fail first-hand. The exception to this is trading companies: they will not offer equity, but year-end cash bonuses will be 50-150% of the base salary. Although the projects currently under way are small, Forrester expects more and more companies to drive investment to this area. Software language skills in demand are .NET, Java and PHP. But Canada gives first preference to Perl coders. Research from Bitkom shows that almost 60% of the German companies surveyed are short of IT specialists, and demand is greatest for software developers. A growing number of EU software engineers are considering or have moved back to Europe. Sign up to The Pragmatic Engineer Talent Collective and get sent great opportunities without any obligation. For above senior positions, you'll only have a shot if you've solved similar-scale challenges to what these companies are doing, and have worked at comparable environments. I'm seeing the software engineering compensation market becoming trimodal - split into three distinct groups that "spike" and that have little overlaps. The Netherlands is a front-runner for them. An example is a Dutch engineer I know leaving their 80,000/year ($94,000) job in the Netherlands for an initially $350,000/year position at Lyft. Most of these companies will pay a salary only: a fraction of them will have any bonus scheme in place. In the Netherlands, examples of these companies would be eBay classifieds, Adyen, Nike, Disney Streaming, and well-funded, high-growth startups like Catawiki, FindHotel, Miro, MessageBird, TripActions would also be in this category. Writing The Pragmatic Engineer Newsletter and advisor at mobile.dev. Software is eating the world, said Poulissen. Indeed.co, available in 50 countries and 28 languages, is one of the most high-traffic job websites in the United States and other countries. In the Netherlands, these companies would pay 50,000-75,000/year for a senior engineering role in the Netherlands, everything included (apart from the hard-to-value early-stage startup equity). We understand that the quality of life, safety, cost of living, state taxes, commute cost, etc. (Also read How to hire a full stack developer). A data scientist is one of the highest-paid jobs across the globe. For example, the Dutch financial services company ING will invest 200m to expand its digital banking platform.. I cover topics relevant to software engineers and engineering managers at Big Tech and high-growth startups. For example, the German government is spending almost $500m to developIndustry 4.0 technology. Other European companies targeting the global markets would be wise to take note - and hold on to their key people. Compensation is just one data point - though one that tends to have little transparency in Europe. Apply here - spaces are limited. #3: Big Tech: companies benchmarking against all regional or global companies. Examples of companies in this space are Uber, Booking.com, Databricks, Amazon, Flexport, Plaid, Redis Labs, Stripe, Elastic, GitLab, GitHub, Datadog, Apple, or Netflix. formId: "16dc0e26-83b0-4035-84db-02916ceab85d" Yes, healthcare and the cost of living are more expensive in the US: but this person has told me their only regret is they had to leave home to get paid their worth. I was cautiously certain that Uber would have an IPO within a few years of joining given the investor pressure building up: some of my friends thought I was being reckless in joining a company that offered imaginary money at large. There is a chance these companies won't IPO: just like there was the chance that Uber would not. From my experience, English speakers can find the most jobs in the U.S. (West Coast, obviously), United Kingdom (London), Ireland, Netherlands (Amsterdam), Switzerland, and Belgium. The Netherlands needs to shake up its education system to, UK homeworking more than doubles since 2019, AWS and startups: Using accelerator programmes to help enterprises address their pain points. By contrast, the gap between employer demand and jobseeker interest has narrowed the most in the Netherlands. Outsized compensation and rewards also attracts really good talent - who you get to work with, if you also make it into the same company. C#, despite showing a high requirement in the job portal, is not really popular. In the U.S., China, India, and Japan, PHP developers have quite sought after. (Watch this article as video narrated by me, with additional context). Its product is totally based on software, he said. This rise is fuelled by Industry 4.0, which refers to technologies and processes related to the internet of things, analytics and cloud technologies, applied in a smart manufacturing context. Only a smaller portion of this category offer meaningful equity to all engineers, though. I made a video, sharing more of my thoughts on why a comparable software engineering position can pay very different. A major difference is how many #2 places are in one timezone, and people can often disconnect in the evening hours. Thanks to this policy, as a manager, I was able to work with some of the best engineers throughout my career - for an extended period of time. Places that offer high compensation usually mean higher competition to get in and stay on the job. These are people who are often just entering the market, or are open to new opportunities: but they have not signaled this anywhere else. Google Trends is a public web facility of Google Inc., based on Google Search, that shows how often a particular search term is entered relative to the total search volume across various regions of the world, and in various languages (Wikipedia). Hence, we listed the average salary for a particular job (Source PayScale). But the scenarios change when we talk about non-English speaking nations. The whole economy is becoming more and more digital, which means technology is becoming an integral part of companies business model. I'd like to take credit for convincing people with Facebook/Google offers to choose my team: but without a compensation package that was competitive, all my efforts would have been worth nothing. Look into understanding the money markets, the current and past IPO trends and make your own decisions. Most of these companies will have a bonus scheme in place that pays up to 20% of the base salary in cash, and many offer equity to more senior engineers. But its hard to say what skills will be asked for in the next couple of years. For example, at Uber, a standard new grad offer was around 87,000 in 2020 (70,000 salary + 7,000 target bonus + 10,000/year in stock). Using country-specific search for the number of software engineers jobs listed on Indeed, we found data which matched our previous research on Top programming languages to learn. And even the normal bonuses are what would be considered very large at #2 type of companies. You'll need to get good at large-scale systems design and have relevant experience for the type of work you'd do to get an offer at the senior engineering level. At first, Uber paid similar to Booking.com - though more generous on options, and later with double-trigger RSUs. I've been a hiring manager at Uber, in Amsterdam, for over 4 years. Previously at Uber, Microsoft, Skype, Skyscanner. We wont spam, we promise. The highest compensation packages will also typically be the most volatile ones, value-wise. There are also early-stage, high-growth startups that are promising, and employee equity they award can turn into big gains on an exit years down the line. Subscribe to my weekly newsletter for advice, observations and inspiration across the software engineering industry. In turn, when working with US companies, people at #3 would sometimes start their day later. Innovations create a new kind of demand.. These companies would typically pay 125,000-250,000+ total compensation for a senior engineering role in the Netherlands (meaning base salary + bonus + equity value: either liquid or paper-value: this would be up to around $300K/year in dollar value). Data structures, algorithms: the works. Interesting enough, many engineers did not notice any meaningful salary changes these years. are some of the other major factors to be considered when deciding the top work destinations for a developer. Then, all that imaginary money converted to a large amount of real money. For entry-level roles, you'll have to really prepare for the coding interview. I'm sure it was not just compensation: but it sure played some part in this. Subscribe to my weekly newsletter for engineering managers and senior engineers. This time we decided to figure out which are the top countries to work with, for programming enthusiasts making a living as developers, software engineers, or data analysts. For example, at Uber, one of the Eng1/L3 engineers made 103,000 in their first year (77,000 salary + 11,000 actual bonus + 15,000 in stock for their first year). And more US companies realize they can hire cheap, but world-class software engineers in Europe. If you're responsible for compensation planning in the Netherlands, you might also want to read my article The Perfect Storm Causing an Insane Tech Hiring Market. In turn, this will push #2 to increase compensation and equity allocation, and hire the best people from #2 and #1. Also, follow my The Scoop series which covers market changes and shares advice for hiring managers. As time progresses, people working at companies that award large stock packages, and with stocks that see strong stock growth are also often in these positions.