“Got a Director of Eng offer from a unicorn EU scaleup. The offer is equity-light, no refreshers or additional equity on promotions. The total compensation is below what I got at a US startup offered, in EU, six years ago, two levels below (at a senior engineer).
Come on.”
Come on.”
There is plenty of talent in the EU and other regions - and so much of the best talent is gravitating towards the companies that pay the top of the market. Which are - sadly - overwhelmingly US-founded and headquartered companies, hiring locally.
The irony is how the main difference between EU and US offers are less and less on base salary. The biggest difference is in equity. Many EU unicorns and decacorns offer a fraction of the equity for senior roles than US companies do. And they lose these people to equity.
To clarify: talking about a US-based company hiring someone locally, in eg Amsterdam, and an EU-based company doing the same. Both raised similar funding, have similar valuation, similar stage.
The locally adjusted offers from US co’s tend to be a lot more generous on equity.
The locally adjusted offers from US co’s tend to be a lot more generous on equity.
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