i think Amazon only had one person jump out of a building last year. it's not as common as you might think.

There’s sort of a rotation going on in a lot of companies. There were companies which had Europe as the low cost location compared to America are now moving the type of work that had been done in America to Europe and what had been in Europe to India. But also companies treating European countries as high cost now and looking for new low cost countries

I live in Spain. I’ve been in the industry for the last 10 years.

I’ve seen from a very close distance several European companies move a big part of their operations to India. Have had close friends laid off recently and seen them struggle for months to find a new jobs. Plus, I see tighter freelance market these days.

This was unthinkable not long ago.

Stockholm is not representative of entire Europe same how SF isn't representative of entire NA. There's too many variables and shades of gray to give a simple answer, with closest to a correct answer being "it depends" based on where you live, how good you are and how in demand your skill set is to the demand of your local market, but the market is pretty much fucked in many high-CoL locations worldwide due to offshoring to cheaper locations and many businesses in Europe seeing orders fall.

is that for startups or for the big guys like Ericsson?

i have to admit i was surprised by how much startup activity was going on in Stockholm in the last 20 years. but disappointed by how few startups don't get B or C rounds or get bought after their A or B rounds run out.

I count work the contracted time I need to be available/tied to my employer. Doesn't matter if I'm doing focused coding or not, it's still work because I can't be paragliding or swimming in that time, I need to be at the office or near my laptop, so it's not leisure, it's still work time.

But let's say it's only counting "focused work", 4h/week is huge stretch, unless we're competing in slacker olympics.

if you surround yourself with people who are only motivated by money, you will believe that everyone is only motivated by money. if you surround yourself with people who are motivated by a creative urge to build something they can be proud of, you may start to believe that this is everyone's motivation.

it is often useful to think of people as only being motivated by one thing, to see clearly how application of that thing might change their behaviour. but if you believe that is the only thing that motivates them, you will have a very simplistic (and eventually incorrect) model of how they are motivated.

Not only is it rarely compensated, it's rarely effective.

Software work is bursty and creative, not mechanical and hourly.

That's a good callout - I have found European employers and founders to be much stingier with salaries in comparison to those I've worked with in the Bay or Israel, but I feel a lot of this is because of much more conservative investors, with boards pushing back on more "realistic" compensation.

I've been adamant about paying 75th percentile TC - I want the employees in my portfolio companies to be extremely motivated, and that requires incentivizing employees and founders correctly

I wouldn't work 996 because I like having weekends off and a life outside work

140k AUD. In major cities in Australia that is a reasonable mid level salary. I imagine that is good in Prague.

I disagree. It is more accurate to say that more working hours is a continuum of productivity. Imagine that you have two nearly identical software engineers. One works 40 hours per week and the other 41 hours per week. Which will be more productive? Very likely the 41 hour per week engineer. Now, if you compare 50 vs 51, then 60 vs 61, and so forth, the productivity gap will become much smaller, possibly hard to measure after 60. I have witnessed a few young engineers in my career with simply unbelievable work ethic and talents that could work 80+ hours a week for months on end. It was amazing to see, and their output was unmatched.

From personal experience, I worked like a dog in my younger years for two reasons: (1) To become a better engineer, you need to make a lot of mistakes and fix them yourself. (2) Much junior engineering work is just time in front of the screen pounding out simple features for a CRUD app. The more that you complete, the quicker you get promoted.

I agree, but the issue is the impetus behind the statement. The tone which that poster took and the default negative assumption is a negative trait to most hiring managers - especially at the early stage. At an early stage organization, you want your employees to be self-motivated but also open to pull crunchtime if needed (eg. customer escalation, rolled up product launch, pivot)