Tech salaries vary significantly across Europe and the US. In the latest State of the European Tech Report 2022 from Atomico , we presented an analysis which focuses on a sample of 10 cities in Europe in which most US companies open up their overseas offices.
The stark difference in salary levels for tech gives a hint on what incentives these US companies to open offices here in Europe.
On average across the mapped tech related roles, US employees make nearly 40% more than their European counterparts. The largest average difference is for DevOps Engineers, who make nearly 60% more in the US than in Europe, followed by Product managers who make 45% more.
Across the sample, Stockholm deviated the least from the US average while Warsaw deviated the most across all roles’ salaries.