The European Commission is figuring out how it could help Ukraine secure satellite communication capacity in the wake of Elon Musk reportedly threatening to pull Kyiv’s access to his Starlink network. Space-based communication systems are a critical tool for Ukraine, but it remains unclear whether Musk will continue to offer Starlink as the war grinds on. Ukraine said last year it has about 42,000 Starlink terminals in operation in the country; about half are financed by Poland.
It can’t be that bad… what’s top 1% and 10% germany? median is like 40k Euro so 45k USD?
Well money talks and bullshit walks, gonna need to invest in domestic talent AND incentivize them to stay some how… although US healthcare is a solid recruitment tactic
You can use this calculator for Germany to get the need weighted income:
https://www.iwkoeln.de/fileadmin/user_upload/HTML/2022/Einkommensrechner/index.html
First line: monthly income after tax Second line: persons >14 years in household Third line: persons <14 years in household
For a single person:
For a household with two parents and two children below 14 years:
Worker’s rights may be the biggest factor. Regulations are fairly strict here with a minimum of 4 weeks of paid yearly holidays, 6 weeks of fully paid sick leave (after which your gross income is reduced to 70% for 72 weeks [after which your net income is reduced to 60% for up to 12/24 months after which it gets complicated beyond the scope of this comment]) which you can also take during your holidays by the way. You cannot get fired without the company being proven to struggle financially or you performing significantly worse than your contract requires and it is the last resort and all other actions (training, reassignment, salary reduction) have failed. Also, the older you are or the longer you’ve worked for a company the more difficult or even outright impossible it becomes to fire you or reduce your salary because finding a job at ages shortly before retirement is difficult.
I don’t think Tesla’s salaries are public but knowledge economy professional is going to be paid above if not well above 200k usd.
So your point stands. doesn’t EU have places that could support these incomes without pissing off locals from income perspective? Luxembourg?
Switzerland has absurdly high salaries but isn’t in the EU. They have absurdly high prices as well though. However, I don’t think Switzerland has much, if any, interest in rockets. Most of their money comes not from engineering but rather from luxury goods and banking (i.e. hiding absurdly wealthy people’s money).
Monaco exists in the EU as well but it’s more of a multimillionaire to billionaire hangout with no industries.
But there is no way any EU rocket company will pay salaries comparable to the US. It’s unaffordable for nations with social safety nets to pay insane salaries. Maybe they’d get a low six figure income in wealthier EU nations but certainly not 200k.