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> why European developers appear to be content with earning significantly less than virtually all their American counterparts

It's what the market pays. If I say I want $120k, I won't get a job.



> If I say I want $120k, I won't get a job.

I do actually know devs who make this much with ~5 years of experience, but they made the conscious decision to forego the large consultancies for smaller shops with less overhead.

One observation I made in Scandinavia is that the billable rate for tech professionals (including designers) appears to be more or less static. Customers pay roughly the same hourly rate regardless of whether a dev / designer has 2 or 20 years experience, so the most consistent path to higher compensation is to drop layers of support / management (with freelance being the highest).




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