(Don't try to suggest ARM is an option - their pay is really uncompetitive.)
(Don't try to suggest ARM is an option - their pay is really uncompetitive.)
In Europe you have to be management to get payed anything substantial. Though most management is still doing the jobs which any engineer could combine with their work and probably do equally well or better.
You have to take into account the fact that in Europe the state takes a big chunk of your gross salary (probably around 50%) in form of social contributions and other taxes, to cover things like healthcare, unemployment, pension, welfare, parental leave and so on. In the US you have to cover these things yourself most of the time.
So while most people praise the European system they would like at the same time to earn as much as their US counterparts, which is unrealistic tbh. As the saying goes, "you can't have your cake and..."
If engineers could do it better, why don't they?
Some great companies cough airbus cough won’t pay you or consider hiring you unless you have a degree from a prestigious place. And if you tell HR you are not interested in being a manager but stay an engineer they won’t even hire you. Most people in the company produce Word and PowerPoint documents, not code.
Off-topic but: Is that so? For some reason I always thought they were on par with the American high-paying companies.