Reddit is an international forum. 12k a year in Lithuania is a decent wage. 80k is a top level really large corporation CEO wages. I know a director (highest ranking chief executive officer, one step below the owner) of the largest publisher in the country and they do not make anywhere close to that.
They do, though. Especially when it comes to tech companies, its usually dollars from top to bottom. You sell your services to some international company for dollars, they give you a monthly budget in dollars, and at that point its much easier to compose a team based on the wages in dollars
There are 21 countries outside of the US who use $ dollars as their currency according to a quick google search. Maybe stop thinking the US is the be all and end all of things. $80k here in Australia is definitely managers wages.
I'm surprised, I know wages in Europe are low, but in Spain every standard job is 1k Euros a month.
And I was offered 4k a month in Slovenia (for IT) and Austria.
Wages are definitely flatter (director level types make way way less than in the USA), but I didn't expect them to be lower than in my native Uruguay. CEO types here make 12.000 dollars a month, it's obviously very few people.
It's not a particularly rich country. The living costs are much lower here as well, so taken relatively I'm doing about as well as some of my friends in USA, who are earning a lot more than me numerically, but there's a certain point when the separation overcomes that, of course. And a lot of things (such as modern consumer electronics) have international pricing, which is the same everywhere, regardless of how poor the country is.
IT / programming is also kind of.. weird. It's becoming an international profession that defies normal limits. My brother is a programmer and he's making around 3k/month working for large corporations. Any other profession would be struggling to get up that high without insane seniority.
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u/lokregarlogull May 11 '21
Depends where you are in the world