Following promotions, they are now making more than $450,000/year (378,000/year). Sign up to The Pragmatic Engineer Talent Collective and get sent great opportunities without any obligation. This popularity could be due to academics, a professional requirement, or interest which leads to various job opportunities. This was no mistake: during these times, many candidates had offers both from us, and from Facebook or Google. For example, Uber was not always considered as the top of the market for salaries in the Netherlands. Places that offer high compensation usually mean higher competition to get in and stay on the job. 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). 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. 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. I joined in 2016, and I only had imaginary money up to the 2019 IPO. I've been a hiring manager at Uber, in Amsterdam, for over 4 years. The market - and compensation - for software engineers have moved upwards at an incredible pace over during this time. France is looking for Java and front-end developers, paying them well for their skills. If you are a Ruby developer, Japan needs you. And schools IT studies and companies are working together to make sure the right skills are being taught.. If you're responsible for compensation planning, read more on the reality of the 2021-2022 tech hiring market in this subscriber-only article that goes into what companies are doing who are hiring in this heated market. 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. A site that is better at capturing all three tiers is the one I'm building: TechPays.com. Nearly one-third of employers surveyed in. The requirement of R programmers is higher in Switzerland, USA, India, and much more so in Germany and France. New Zealand and Australia are pretty popular among developers who love the laid-back lifestyle. 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. At global companies in #3, this is not always the case: at Uber, I would often have calls at 6pm or 7pm with teams in SF - which was in the morning their time. A growing number of EU software engineers are considering or have moved back to Europe. The base salary and bonus: those are easy to quantify. Innovations create a new kind of demand.. Here are examples of what I write about. The updated Uber compensation packages in 2018 were pretty much identical to that of Facebook London. C#, despite showing a high requirement in the job portal, is not really popular. I'd been an engineering manager at Uber for a year on a team of 10 when my manager pulled, At Big Tech and high-growth startups, coding and systems design interviews are common - and fairly standard. Theres no way around it and it has only been increasing exponentially. Ruby leads in Ireland. You can subscribe here for free. The Dutch government is giving attention to the subject, and there are plans to add computational thinking to all student curriculums in the country. Some of these people were on my team - and I loved that the system allowed this difference. The 2021 Talent.io salary report puts the most experienced software engineering salaries in Amsterdam at 60,000/year. are some of the other major factors to be considered when deciding the top work destinations for a developer. 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. However, imaginary money usually comes at a discount, and offered in larger amounts to offset the risk of people joining earlier. There is far more to what makes a good job than compensation. 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. comsol C, C++, and C# programmers are still in demand in these nations, making them evergreen programming languages and famous among software engineers and developers. Examples of companies in this space are Uber, Booking.com, Databricks, Amazon, Flexport, Plaid, Redis Labs, Stripe, Elastic, GitLab, GitHub, Datadog, Apple, or Netflix. The Silicon-Valley mentality of paying high-leverage engineers very well does not stop at salaries. In 2015, Uber paid in-line with Booking.com, and it was uncertain if there would be an IPO in the foreseeable future. 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. 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. 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. A similar trend is seen in the Netherlands, where the top five job titles posted on Indeed are in IT development. Use your own judgement, risk-assesment and how much you believe in the company's mission and trajectory. By contrast, the gap between employer demand and jobseeker interest has narrowed the most in the Netherlands. Interested in more? 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. The top of the market has accelerated rapidly in the Netherlands, the past 5 years. Technology is at the heart of the company.. Launching one country at a time. 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. Both companies are competing across Europe, and not with the local market. 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. Research firm Forrester expects software spending in the Netherlands to grow by 4%, with the financial service industry driving investments in tech. Especially relevant for those in big tech and at high-growth startups. For an entry-level role, this number would be 25,000-40,000. A data scientist is one of the highest-paid jobs across the globe. For entry-level roles, you'll have to really prepare for the coding interview. 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. Much of the high total compensation numbers are linked to equity that software engineers receive. Many refugees are young, well-trained and motivated, said Dirks. Outsized compensation and rewards also attracts really good talent - who you get to work with, if you also make it into the same company. 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. Obviously, all of these Uber numbers are outdated: as the market changes, so will those figures. Also, follow my The Scoop series which covers market changes and shares advice for hiring managers. For example, the Dutch financial services company ING will invest 200m to expand its digital banking platform.. Copyright 2000 - 2022, TechTarget formId: "16dc0e26-83b0-4035-84db-02916ceab85d" 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. But the scenarios change when we talk about non-English speaking nations. However, anyone lucky enough to join late 2019 or early 2020 was issued stock at a price that is less than half of where Uber is trading now - and they could now have a much higher total compensation than most employees in a similar role. 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. 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. Most of these places call engineering as IT, and often view it as a cost center. It also includes how bonuses, and equity refreshes are awarded. Almost 64% of the IT companies surveyed have vacancies for software developers, and 27% of end-user companies are looking for similarly-skilled staff. Read here 8 different job roles in Data Science / Big Data industry. 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. I'm writing up my raw Big Tech interview preparation thoughts in emails that you're welcome to subscribe to if interested. However, the Big Tech companies in the #3 category are by far the most competitive ones to get into. As an interesting data point, Booking.com is the only non-US tech company in this group who has been keeping up with the market changes compensation-wise, competing with Silicon Valley companies from their Amsterdam HQ. Firms are particularly in need of expertise in cloud computing (48%), big data (45%) and app programming (33%). What is Google trends data and what does it mean? (Also read How to hire a full stack developer). Joining rapidly growing companies that offer strong equity packages can increase your compensation significantly. Software language skills in demand are .NET, Java and PHP. Swedish people had been searching for Swift programming language more often than others. No one really gave it, The skills gap is real. 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. Startups with little capital and bootstrapped companies might fall in this category. It usually means unpaid oncall, often working with various timezones, and it can mean poor work-life balance compared to other places. Most of these companies will pay a salary only: a fraction of them will have any bonus scheme in place. More than half of the Netherlands national income is from the services sector, particularly financial services. 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. Many of the companies in #3 represent exciting professional challenges that companies in #1 or #2 do not have to offer. 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). 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. 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. What is important to understand that the definition of best country may not be categorical, and depends on a lot of peoples preferences. Of all EU countries, the gap between employer demand and jobseeker interest has widened the most in Germany. Update: dozens of hiring managers confirmed this trimodal model applies to all global markets: from the US, through Asia to Latin America as well. 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. Most engineers are not aware of this third, Big Tech pillar and the compensation ranges it introduces, assuming compensation can not go beyond what is offered at the second pillar: You'll find little to no compensation data on this third pillar on likes of Glassdoor, Payscale, Honeypot, Talent.io, Stack Overflow Jobs and other public job or salary portals. Other European companies targeting the global markets would be wise to take note - and hold on to their key people. At some companies, the top performers can be paid outsized bonuses and stock, in ways that push their compensation well above the next level. 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. Then, Uber opened an office. I know engineers at Uber, Datadog, Airbnb and Doordash who have seen great rewards for joining before going public was a "done deal". In Germany, 6% of the job postings are tech- or IT-related, but only 1.8% of searches are for tech or IT roles, says Indeed. 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. They no longer onlybuy IT solutions to digitise certain business processes. 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.