Don't quit your day job... if you live in the Bay Area and want to still live there.
Don't quit your day job... if you live in the Bay Area and want to still live there.
And I live in Europe.
Deleted comment
I am pretty sure that figure is Rs 400k a year. Which is about $6k. That's per year. I am from India and that sounds about right. I have friends in many of the consultancy firms like TCS, Infosys, etc who are in that range. It's obviously for people early in their career but then again, it is $60k for developers early in their career in the US.
http://www.payscale.com/research/IN/Job=Software_Developer/S...
Also to pay 60k euro it will cost 21% more. So the fully loaded cost: 72.6k euro.
http://www.uhy.com/employers-now-pay-average-employment-cost...
The actual figure may vary, but as a rule of thumb $60k / year is 53k euro / year for fully loaded, 43.8k euro gross, 23k euro take home / year. Doesn't seems anywhere close to Berlin senior engineer salary :-).
Which for some places in Europe it might be a good comparison, but for others making €40K a year might get you a far quality of life than what you get in the Bay area or the US in general for $100K (e.g. larger house, better savings, insurance, 4 weeks paid vacation, decent working hours, etc).
I ask because this practice seems to vary by country / continent quite a bit, and makes a rather large difference. So, e.g. if someone in Berlin quoted a 4.4k euro figure, would they likely mean after tax?
Married with stay-at-home spouse and 2 kids might pay half as much in taxes as a single person earning the same gross salary.
All Indian startups hiring good developers fresh out of IITs and other top colleges are paying at least 15LPA, or approximately $25-30k USD.
50k USD is normal for a good developer working at a product focused firm
[1] http://www.glassdoor.com/Salaries/india-software-developer-s...
I started fresh out of college with an engineering degree back in 1987 and my starting salary was $AUD20,500.00 per year.
EDIT: AUD is Australian dollar.