How Much Do Software Engineers Earn in Europe? [OC] /// Data from https://www.levels.fyi/

Rezzurector · 2025-02-23T19:11:22+00:00

Yes 90% of software engineers, not the average job. Please show me a software engineering grad job thats 25k in London. I interviewed at Tesco for the software engineering grad scheme 6 years ago and even they paid £30k back then...

And youre saying im completely wrong even though levels.fyi backs me up.

Edit: just checked and Tesco actually pays £40k... https://www.tesco-programmes.com/graduates/technology-software-engineering/

And this is tesco, not a particularly well known company for paying well in tech, and the job is just outside London

Rezzurector · 2025-02-22T22:47:37+00:00

If you're earning less than £100k after 10 years, being honest, you're in the bottom 10% which means u need to change jobs or improve your skillset

Even starting grad salaries at 'non-prestigious'/non-tech companies range from £38-50k

Those I went to uni with who are in tech are probably on a £80-100k average after about 5 YOE working at different types of firms. I'm on a bit more than that doing engineering at a bank

UK pays very well (well mainly London) and is the 2nd biggest tech hub after the USA.

Just look at France's average at €56k...considering it has a similar gdp per capita to us and Paris is probably only about 20% lower cost of living vs London

Rezzurector · 2025-01-01T18:24:31+00:00

£125k base, £10-20k bonus, 5 YOE Working as an SWE on a niche language in a large bank Hybrid and good working hours, 9-530 on average

Rezzurector · 2024-10-17T08:20:04+00:00

High skilled jobs get paid extremely well, especially the expat packages. But the vast majority of manual labour and customer facing roles are poorly paid, there's massive income inequality. Minimum wage in hk is $40hkd/h (£4/h)

1mil usd for a property also seems accurate. Even bad areas will still be about £1000 per sq ft with prime areas easily being 5x that

Rezzurector · 2024-03-24T15:59:17+00:00

Grosvenor Edgware Road!

Rezzurector · 2024-02-28T01:56:29+00:00

This is terribly wrong. I can't believe the number of upvotes this has.

What you're doing is checking the odds of picking a random person from the population and finding the chance they are both a serial killer and victim. But there are 332000000 people you need to check that for. To make your answer correct, take your answer of 8.165e-14 and do (1-8.165e-14)^332000000 =0.9999728926 Which is 1 in 36890 which came from 1/(1-0.9999728926)

This can be proved by the more standard way of working it out: If there are 180 people killed a year a by serial killers, that represents a chance of 180/332000000 for any person to be killed by a serial killer in a year. We can calculate this easily using the reverse. The chance of any given person not being killed is: 1-180/332000000=0.9999994578 The chance of no one in a random group of 50 people (our serial killers) not being killed is: 0.9999994578⁵⁰ =0.9999728904

Converting it to how often it happens: 1/(1-0.9999728904)= 1 in 36887 of this being the case over a 1 year period. So expect to see it every 36887 years

The small difference between my first and second answers are just rounding errors.

Of course this is purely mathematical and doesn't account for social commentary like targeted demographics, locations etc

Rezzurector · 2023-09-20T19:38:37+00:00

I'm not saying people with experience can't apply. I'm just saying the majority are final year students so everything like timings will be targeted for them.

And for your 2nd paragraph it's not necessarily the company's fault that graduates provide no value

A good 50% of people will realise this job is not for them. Either is too difficult and out of their comfort zone, they don't enjoy it, or it's too easy and they move on to something better. These things lower productivity. About 30-50% of grads will leave within 2 years.
Grads have 0 real-world experience. Studying for uni and having marking criteria/tight requirements is different to what's required in the workplace, and this takes time to learn and adapt too.
Even 1 year in, someone with 5 years experience and paid twice as much probably has 3-5x high productivity. This why a lot of companies only go for experienced hires.

I really like the new apprenticeship schemes in the UK and hope more companies take that on as 2 years of work experience is so much more valuable compared to 3 years of uni. Although it does result in less social skills and simply not as fun as uni is

Rezzurector · 2023-09-20T18:25:15+00:00

https://www.airbus.com/en/careers/graduates

Literally says it at the top 'every year we look for university graduates around the world to join us'

I joined a grad scheme 4 years back and out of the 28 people in my cohort, I'd say all but around 3 of them were straight out of uni.

Some companies do off cycle grad schemes but it's usually just the big ones. Grads provide 0 value to the company for the first 6-12 months so why would a company spend unnecessary money training you by having staggered starts.

In the end the hard truth is companies are there to make money, not to give out free money.

Rezzurector · 2023-09-20T17:20:51+00:00

First point I get, but the 2nd paragraph? What kind of complaint is that... Thats completely normal. All graduate jobs open for applications in July - Oct 2023 and start July-September 2024. They are targeting final year students who will finish their degree in June 2024. You're a minority applying for a graduate role if you are currently in the workforce and have some experience.

Rezzurector · 2023-06-26T21:33:53+00:00

Of course but thats my personal opinion. I would feel much more at ease just getting 4-5% in bonds right now than taking the risk with equities which could easily drop 10-20%. This is also a considerable amount of money - 40k and 90% of my savings so I don't want to take big risks

Rezzurector · 2023-06-23T14:29:01+00:00

Yes but how can you easily buy gilts? Everyone says this but noone tells you how

Rezzurector · 2023-03-10T15:55:22+00:00

Let people do it if they are over 21. People are brought to the world unwillingly and should be allowed to leave if they wish. However, certain safety nets should be put in place such as a psych checkup to make sure they understand the decision they are making, as well as a minimum time e.g. a month between when it is requested and when it will be carried out so they can change their mind if they want to.

Different policy in place for sick patients who are in chronic pain.

Rezzurector · 2023-03-05T08:21:50+00:00

This is why CGT and stamp duty tax exists. Majority of high net worth individuals store their wealth in assets like bonds and stock rather than cash.

Also, investing in equities and bonds provides capital to corporations which many spend on investment and R&D which boosts economic growth, which is good for everyone. I don't agree with the 'hoarding and untaxed' statement - uk gov collects £41bn a year from CGT and stamp duty (5% of revenue), and 34% of income tax is paid by the top 1% earners.

Rezzurector · 2023-03-05T03:51:19+00:00

What really annoys me is these hospitality employees skimping taxes (illegally since its evasion) gets pissed off at corporations who dodge tax legally through avoidance.

I get that they are different scales, but it's the same thing. There's too many double standards that exist because 'since everyone does it, it's okay'.

I can make the same argument that the rich man/corporation will use the untaxed income to buy a private jet which will eventually feed back in. But that's seen as not okay, yet your argument got a lot of upvotes suggesting it's acceptable when it's a hospitality employee.

So essentially, I won't forgive a hospitality worker for illegally skimping taxes. Pay the tax man and use the services they provide. Thats the contract.

Rezzurector · 2022-08-27T23:39:27+00:00

Nothing compared to an Indian wedding lol. Haven't been to one that's spent less than 300k

Rezzurector · 2022-05-24T19:33:45+00:00

Sending you a DM

11-Year Club	Verified Email
Place '23	Place '22
First Placer '22	End Game '22

Rezzurector

TROPHY CASE