Savings of an Engineer in Germany VS India | Cost of Living, income, Tax, Expenses & Savings
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- Опубліковано 20 лип 2024
- How different is software engineering in India with respect to that of Germany? What kind of companies are present and what is the trend of those companies to hire from India? What is the cost of living in Germany and ultimately how much more will you be able to save?
Is Germany a safe bet for us to go, work and live?
With the recent salary boom that India has witnessed, Do you feel is it worth it to go there?
If you had these questions or are curios to know about it! then this is the perfect video for you! ❤️
Here, I have discussed the following :
📌 The different types of companies in Germany
📌 Immigration opportunities and process
📌 The Cost of living breakdown
📌 The salary earned with respect to India(Both FAANG as well as non FAANG company)
📌 The Net savings
📌 Is it worth it? For whom ?
To connect with me:
Instagram: / dynamic_coder_18
LinkedIn: / soumyajit-bhattacharya...
Telegram: @sdeinterviewpreperation
Tech Company Review: • Tech company review
Timestamp
0:00 Intro
1:13 Expenses breakdown
7:37 Top companies hiring directly in Germany
8:06 Salary and Net Savings comparison
9:50 Is it worth it?
Tags & hashtags:
#Germany #softwareEngineer #costofliving #costofLivingGermany #netSavings #hustlehard #google #rippling #Rubrik #usa #uk #germany #europe #abroad #bloomberg #Uber #Microsoft #google #low #level #design #lowleveldesign #soumyajit #bhattacharyay #bhattacharya #system #design #faang #facebook #code #interviewExperience #London #SoftwareInterview #SDE #SDE2 #DS #dataStructure #interviews #microsoft #techsalary #IndiaSalary #booking.com #salary #atlassian #yugabyte #microsoftEngineer #googleEngineer #googleindia #agoda #cohesity #compass #twilio #tekio #gojek #tokopedia #stripe #snowflake #nutanix #confluent #uber
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As an Indian living in Germany I can tell you that the monthly expenses he calculated is too high. You never shop for 400 Euros a month😂 Company pays for your transport. Phone Bill have never gone more than 15 Euros for me. Lots of things are depicted wrongly
How about 90k salary in avg firms?
@@potatoe_hooman even someone with 6 years of exp does not get more than 75k
@@rohitgurav16 post tax it will be around 50k,
@allenjoseph1430 In your estimate if someone were to live within their means by not spending a lot on rent and entertainment, How much can a person save at the end of the month post taxes ?
Even the tax levied on 135k i.e., 57k is again inflated AF, that tax is not even levied as category 1 tax payer.
Great work by you. Could you make a video with the list of best paying companies in Europe for Germany/London/Switzerland? Also, need help on estimating the savings for a family. Thank you again
Love this series! ❤️❤️
Are the BIE or Business Analyst Manager in Amazon India paid on a par with the soft ware engineering levels?
thank you for in detail clarification!!!
Bhiaya please make a video for the companies hiring freshers as well as experienced candidates for Germany Directly from India as soon as possible !! 😁❤
Bhaiya, please make a video on the savings of an engineer in Amsterdam vs India.
loved your content🤩🤩
Will do
and Ireland, dublin
and Australia and Singapore
@@NitinSharma-od8pr singapore is already there
@@SoumyajitBhattacharyay Hi Desperately waiting for india vs amsterdam video
Thank you so much for this video and also continue this series for some of the other countries too
Yes will do. Which countries do you want me to cover?
@@SoumyajitBhattacharyay Dada if you want to go to abroad what will be your choice except USA
@@SoumyajitBhattacharyay Thank you so much for the great work. As you always mentioned Netherlands in your previous videos as a good destination if we want to save. It would great help if you can make a video on Netherlands, Amsterdam.
Thanks in advance ❤️
@@SoumyajitBhattacharyay You should cover Switzerland , Netherlands, Australia/NZ and Dubai and also suggest how to get job there directly from India
@@dynamicsoubhik9699 absolutely will do
Im wondering which is that faang company which doesnt provide lunch in the office. Even average company provides lunch in Germany
Very Informative and amazing video !
Thanks 😊
Thank you Soumyajit! I was waiting for this 😁
The info in the video is pretty crisp and to the point. Appreciate your efforts!🎉
Thanks! ❤️
Nice and Informative series 👍
I have a feeling assuming 55lpa for an sde 2 salary wouldnt be avg.
Without maid and cook I think eating out expenditure would be more in Germany.
Can you please create similar video on Netherlands and also please answer me if Poland as a country for IT professional is good or not savings wise as compared to India.
Please make videos on companies hiring directly from Europe and their interview structure and salary.
Good video. Main message after 9:46 .
Nice video bro
Hey Soumyajit plz make a video on companies hiring from switzerland...and dublin...as well as a comparison video
Thank you so much.
I was watching few videos of find a job in Germany channel and was thinking for preparing to go there but if we can have nealry same savings in india also then there is no point moving to a different country.
bhaiya DSA karliya decent lvl pe par development me sirf CSS aur JS ke project hai ??
resume shortlist hoga ?
No
The Expenses for Berlin are way off. I live in Germany for 3 years.
1. Lunch => almost all FAANG or even average companies provides lunch or subsidized lunch.
2. Eating out => no where in Germany you can spend 75 euro for a single meal. It is way off. The highest you may spend in a fancy restaurant would be 45 - 50. On most occasions, it would cost 20 - 25 euro to eat out. 15 - 20 euro to order at home.
3. Rent => Room which is similar to a 18k room in India ( considering Bangalore / Gurgaon ), would be somewhere around 1000 - 1200 euro.
4. Phone => The best phone plan would be up to 20 euro.
You will not eat out only once in the entire month. I have considered ordering in 3-4 times a month and going outside to eat 3-4 times a month. 🙃
Phone plan is being considered with unlimited data and calls in the mind.
@@SoumyajitBhattacharyay I appreciate your response and in general this and other comparative videos.
What I meant with the comment about eating was that ideally it should be like -> 4*30 ( eating out ) + 4*20 ( ordering from outside ) = 200 euro. Trust me this number is above average in terms of eating out.
When idea is again saving money what's the use of shifting??
Please make a video on Engineers in Netherlands VS India
Switzerland for software engineering ???
please do a video on melbourne /sydney vs india
So in case we don't have a visa then do these companies help us provide a visa? Or is it a prerequisite to have a visa of a particular country before applying to these abroad companies?
Yes they do provide
@@SoumyajitBhattacharyay thanks for the clarification. Guess they would prefer to hire guys locally rather than spending some extra efforts in making a visa.
But however I like your content very much . Thanks again for your content
Is there anyway I can talk to you ?
I am 2022 graduate .
I want to ask some questions to you .
Please brother please. .
nice comparison, but what about breakfast & dinner or germany people only have lunch in a day :)
You did not add expanses of travelling/sightseeing
Please make video , companies hiring or hire in Germany
Hi Soumyajit da, Can you please do a video on salary and jobs for mba grads in Germany.
Do a similar vedio on India vs Australia:)
Make on Australia vs India
Movie India (Bangalore etc) me takes 1000 Rs if You are going atleast once.
Sir please make a video on ChatGPT and how it will replace 95% of developers
Make one video on japan and India salary comparison
Can you please make one video on Netherlands
Great timing for the video. I have an offer for Germany and wanted to know more about the taxes salaries etc.
That is awesome! Congratulations
@@SoumyajitBhattacharyay Thanks 😀
@@hitenrana4775 which company?
I'm quite surprised to see you got an offer during the recession.
Congratulations
@@sanketh768 Deutsche Bank
@@hitenrana4775 awesome, for SDE role?
Sde - 2, 55 lacs hota h kya? Microsoft wagerah mein toh 30 base, and 10 aur maan lo
Amazon me sde 2 min is 55.
Jo log sde 1 se promote hote hai unka base he 43 ho jata hai 😊 (1.5 yoe+)
@@SoumyajitBhattacharyay ohh ye toh kaafi high h, nice
gym m calculation yearly nahi h shayad XD
anyways thanks a lot again for this great vid
Naa naa 25 euro per month and then yearly me multiply kara hai
Lunch 550 + eating out 400 + grocery 150 = 1100 euros in Germany while in India the total comes to 8500!!! Is this a joke ;)
Very wrong numbers used in the comparison!!
only tell on the basis of base salary. STOCKS are for future
No this is on the basis of yearly salarym future stocks are obviously not considered
Make videos on companies too
Absolutely
Make one about Australia
Make one on India vs australia
Great one. That's true. It is possible to control the brain drain. 😉
India mein 55 lakh kaun de raha SDE 2 ko? Can someone please help?
Amazon, google, microsoft, stripe, rippling, rubrik, cohesity, and 100 other companies that i know of.
Agree. And this is the starting salary for sde 2 at these firms 😊
@@dibyanshumishra3536 is it for 3 YoE? I knew about Intuit, PayPal, Expedia likes who have 25-30 as base.
If that's for 3 YoE, can you please share remaining 100 companies as well? ☺️
Yes it is. Infact for Amazon as soon as you get proolmoted your yearly salary gets updated to excess of 55 with a base of excess of 40.
And people get promoted from 1.5 yrs of experience onwards
@@harshinredzone the companies you mentioned are lower paying, with inflated titles, their sde2 doesn’t actually mean sde2. Hence lower pay. Even in those companies if you have equivalent responsibilities as amazon sde2, 55lpa is the bare minimum, but that happens at higher levels. Many other companies such as confluent, atlassian, airbnb, de shaw, quad eye, trc, alphagrep, millenium investments, nk securities, quantbox, codenation, cloudkitchen etc. i am too lazy to name all. Do your own research dude.
Request from a fellow Amazonian : Luxembourg 🇱🇺
Surely! 😊
Sir, thank you so much for this video..How about india vs Switzerland for next video
Surely will do
People be like : Soumyajit got laid off, so sold off his table, chair to live in recession without salary.
India or USA where we can save more as a software engineer?
Hands down USA. I have made a detailed video on it.
Hi
Hello 1234 mic testing
Hahahah
What kind of a nonsense comparison is this . I’ve not seen a person who spends 1500 euros just for food and shopping every month and the same person spends just 2000 Rs for lunch in India. This guy is demotivating people who wish to come to India. Guys you can save lot more than what is mentioned in this video. Thumbs down to this guy for demotivating people who wish to come to Germany.
Right No benefits go outside for money
Hi Soumyajit, how do you save for your retirement. In case you do not plan to come back to India and settle there only , I mean after age of 67 years, what is your plan? Will you be able to buy a house? How will you support your food and expenses including at least yearly visit to India?
IT professionals in Bengaluru and Hyderabad are easily saving for financial freedom. Moreover, they can save and spend a summer in Europe with the family if they wish to.
So the question is - Why to stay in a far away strange land, learn strange language and then take risk of retiring poor??
Hi
Hi