lmao. Great assumptions, they couldn't be farther from the truth. When people talk about earnings, I don't know about your country, but in my country, we don't just exclude taxes automatically when talking about annual earnings. 40% tax? Buddy, have you ever done any taxes?I assume you've never worked yourself and earned any money, and you're probably still living in your parents house with all the commodities and have now family your own? Well, in that case getting almost $100k a year seems to be much, I agree.
Spain uses a bracket system, the literal highest bracket that €88k would get to is 44% but that only applies to the 60k-120k part of the income. Their average income tax would be around 31% (
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). After social security contribution, they'd end up with around €57,500 net income. This is without any income splitting or having their own corporation that they pay themselves from to reduce their tax rate, since corporate tax rate in Spain seems to be 15% (
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).Using the average rent of a whole country is ridiculous and probably skews any calculation. Let's use a cost of living estimator. Let's assume they live in the one of the most expensive city in Spain, Barcelona. CoL estimator puts them at €57k (The average rent in Spain is about $1k to $1.5k depending on where you live (same source as above). That's another $12k-$18k a year.
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), 3 bdrm in city center, so they probably don't live there. A cheaper city like Valencia (€39k,
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) or Malaga (€44k,
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), is pretty livable at that income. With €13-18k savings every year, without accounting for any deferred taxes or investment income.You're talking like your company doesn't track any progress in terms of PRs, smaller milestones, demos or anything. All we have to go on is these weekly updates. Just do standup meetings every day and nothing to show for it (no PRs or JIRA tickets or demos), see how long they pay you.I'm myself working in IT (software development), and it might take 1-3 years (!) of paid work until a new update is ready!
So all I'm saying that if they're earning a decent salary working this slowly, why would they ever finish this game. Sure, they might be working 6 days a week but if they're only working 4 hours every day, that's a great life for them!