> my salary increased 7x
That's simply not an option in most areas of the world.
I agree that a balance between the extremes is healthy, but I don't think that you're a case in point.
That's simply not an option in most areas of the world.
I agree that a balance between the extremes is healthy, but I don't think that you're a case in point.
That is an option in 2nd-3rd world countries, even to a greater extent than in the US (because the market is global and local jobs usually don't pay well).
E.g. my compensation (I'm from an ex-USSR country) increased by a factor of 13 after two job changes (for the same amount of work).
My assumption was 40k start/80k senior/120k exceptional/160k moonshot.
As always, as a disclaimer Europe is a big place. I had Central-Northern parts in mind.
If I’d have been paid in INR over my career, a 7x multiple over that time would leave me less than 2% better off than when I started.
I’ve done 7x in Japan, and I think 4x is possible in the Netherlands (minimum wage is higher, and maximum lower).
4x is possible, but in that short of a timeframe, you're more likely moving from a Dutch company to an international one and becoming employable across the entire globe. Which given US salaries would give the ability to 5-10x anyway.
I know some countries use decimals like commas are used in the US, so maybe that's actually 25000 and 60000, which would make more sense.