h4b4n3r0

As a VP from Microsoft described it to me privately many years ago: “warm GULAG”.

One person’s “lack of work ethic” is another’s “having a life”. Just let it go, everything will be fine. Consider this your secret weapon for talent retention. Nobody actually does even 32 hours of real, actual software engineering work in a week on a routine basis.

This needs to be transitive or it won’t work. It’s trivial to set up a front which complies and subcontract everything to the old (but perhaps renamed) company that does not.

You know what else you will not find in Germany? Successful software companies. There’s basically SAP (which is a multinational that hides its revenues abroad) and hardly anything else. Hmm, I wonder why that is.

500 and 700k is about the level of comp of Google’s Staff and Senior Staff levels correspondingly, assuming a high yearly review rating. Let me assure you, there are a lot more of them than you think, at Google and elsewhere. It is true that almost all of the engineers at those levels are exceptional however.

Obviously this depends on the field and on your baseline in the US. I suppose if you made $100k/yr here, then making 60k euro there would not be that big of a deal, even though taxes are much higher. But if you made $500-700k/yr here in total comp (a realistic proposition for senior engineers in hot fields), such a move would be foolish. Remember, we’re not discussing the low end of the market here.

I don't doubt it, but for the very best the multiplier is greater than that, and not moving becomes harder. The difference is between lifetime wage slavery and financial independence at that point.

The salary of a skilled German software engineer in this field is about 1/4th of the US counterpart. So I wish the German government luck in their endeavor, because they’re gonna need it.

He’s one of the very few journalists I still read and trust. Everybody else (including all other journos from The Intercept) has gone off the deep end after the election.

Most of the world (and especially China and Mexico) cannot withdraw from the largest market for their goods without their economies totally collapsing. That’s why Trump is going to win his trade wars. Money talks, bullshit walks.

>> Except flood insurance doesn't appear to be economically viable in those areas

That’s by design. They don’t want you to build there.

Actually start worrying when insurance companies start refusing to insure properties there against flooding. Estimating risks is their bread and butter, they will know.

I’ve actually discovered (from the Yale “Financial Markets” MOOC) that US government uses mandatory insurance to get people to move out of areas which are likely to be flooded, etc. USG makes the insurance mandatory, and insurance companies, quite predictably, price just about everyone out. People either pay through the nose or move out.

Edit: reading further into the thread, looks like they already are refusing to insure. Move TF out.