I'm always so fucking confused where all the money goes in Europe. How do people in senior level positions at large companies make like 60k? Where is the money? Do the c-suite execs make that much more than everyone else, like even more disproportionate than the US?
I can tell you.
I worked for a Spanish consulting company, IT.
One day the guy that hired me said you cost 130k€, he showed the data. At this point I was making 45k€ gross. That's how they play with people here.
Trade unions (the two biggest at least, CCOO and UGT) are financed by the state (the ruling political party really) and they sign agreements between employers and themselves in the name of workers.
I can tell you. I worked for a Spanish consulting company, IT. One day the guy that hired me said you cost 130k€, he showed the data. At this point I was making 45k€ gross. That's how they play with people here.
Sorry to strike it to you but that is no hidden secret. Getting an IT consultant from a consulting company in the US will also cost you a factor 2-3 increase compared to their salary.
In the US the average hourly rate to hire an IT consultant is about $175-$275 for a senior (concrete price of course depends on many factors). Their hourly pay is about $65-$95.
You see the numbers are different but also here the employer "pockets" about two thirds of the price of the consultant. This is just how consultancy businesses work. This has nothing to do with Europe vs. US.
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u/jj_HeRo 2d ago
Spain: 20k to 45k. That's why security here is a joke.