Savings of an Engineer in Germany VS India | Cost of Living, income, Tax, Expenses & Savings

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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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Опубликовано:

20 июл 2024

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Комментарии : 118

@allenjoseph1430 Год назад

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

@potatoe_hooman Год назад

How about 90k salary in avg firms?

@rohitgurav16 Год назад

@@potatoe_hooman even someone with 6 years of exp does not get more than 75k

@potatoe_hooman Год назад

@@rohitgurav16 post tax it will be around 50k,

@pradyumnakatageri3475 Год назад

@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 ?

@vimeetgautam7679 Год назад

Even the tax levied on 135k i.e., 57k is again inflated AF, that tax is not even levied as category 1 tax payer.

@phanindravenkata9832 Год назад

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

@dhananjayvaish3276 Год назад

Love this series! ❤️❤️

@gouravroy8068 Год назад

Are the BIE or Business Analyst Manager in Amazon India paid on a par with the soft ware engineering levels?

@SubhobrotoRoy Год назад

thank you for in detail clarification!!!

@ShivamSharma-Developer Год назад

Bhiaya please make a video for the companies hiring freshers as well as experienced candidates for Germany Directly from India as soon as possible !! 😁❤

@rohitaryavart9823 9 месяцев назад

Nice and Informative series 👍

@dynamicsoubhik9699 Год назад

Thank you so much for this video and also continue this series for some of the other countries too

@SoumyajitBhattacharyay Год назад

Yes will do. Which countries do you want me to cover?

@chakrabarti9634 Год назад

@@SoumyajitBhattacharyay Dada if you want to go to abroad what will be your choice except USA

@AbhishekKumar-jq1wx Год назад

@@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 ❤️

@dynamicsoubhik9699 Год назад

@@SoumyajitBhattacharyay You should cover Switzerland , Netherlands, Australia/NZ and Dubai and also suggest how to get job there directly from India

@SoumyajitBhattacharyay Год назад

@@dynamicsoubhik9699 absolutely will do

@shwetagurnani2784 Год назад

Very Informative and amazing video !

@SoumyajitBhattacharyay Год назад

Thanks 😊

@prashantchavan1207 Год назад

Im wondering which is that faang company which doesnt provide lunch in the office. Even average company provides lunch in Germany

@thetechnology8517 Год назад

Bhaiya, please make a video on the savings of an engineer in Amsterdam vs India. loved your content🤩🤩

@SoumyajitBhattacharyay Год назад

Will do

@NitinSharma-od8pr Год назад

and Ireland, dublin

@NitinSharma-od8pr Год назад

and Australia and Singapore

@bhargavreddy7038 Год назад

@@NitinSharma-od8pr singapore is already there

@sanjeevguglani6623 11 месяцев назад

@@SoumyajitBhattacharyay Hi Desperately waiting for india vs amsterdam video

@nirmala4048 Год назад

Good video. Main message after 9:46 .

@user-os5it2ct5e Год назад

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.

@Nightaxeblade Год назад

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.

@RohitPatil_Tech Год назад

Thank you Soumyajit! I was waiting for this 😁 The info in the video is pretty crisp and to the point. Appreciate your efforts!🎉

@SoumyajitBhattacharyay Год назад

Thanks! ❤️

@sanketpanda2458 9 месяцев назад

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.

@AmanJain-wn2jl Год назад

Please make a video on Engineers in Netherlands VS India

@Chaitra.Rai. Год назад

Please make videos on companies hiring directly from Europe and their interview structure and salary.

@aaryanraj8342 Год назад

Hey Soumyajit plz make a video on companies hiring from switzerland...and dublin...as well as a comparison video

@Rajan_Kr_Sahu Год назад

Nice video bro

@Nation_Talks_with_Navjeet Год назад

When idea is again saving money what's the use of shifting??

@vnitish14 Год назад

nice comparison, but what about breakfast & dinner or germany people only have lunch in a day :)

@shilpaprusty3319 Год назад

please do a video on melbourne /sydney vs india

@pankhurichadha600 Год назад

Do a similar vedio on India vs Australia:)

@oshobajpai9377 Год назад

You did not add expanses of travelling/sightseeing

@alokjadhav6621 Год назад

Switzerland for software engineering ???

@imperatorisservihominis4410 Год назад

Hi Soumyajit da, Can you please do a video on salary and jobs for mba grads in Germany.

@TheMehul912 2 месяца назад

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.

@SoumyajitBhattacharyay 2 месяца назад

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.

@TheMehul912 2 месяца назад

@@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.

@dhananjayvaish3276 Год назад

Please make video , companies hiring or hire in Germany

@charizard782 Год назад

Is there anyway I can talk to you ? I am 2022 graduate . I want to ask some questions to you . Please brother please. .

@user-zw1pd8rm6e Год назад

bhaiya DSA karliya decent lvl pe par development me sirf CSS aur JS ke project hai ?? resume shortlist hoga ?

@mrinalsingh8794 Год назад

@sanketh768 Год назад

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?

@SoumyajitBhattacharyay Год назад

Yes they do provide

@sanketh768 Год назад

@@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

@sahilsubnani3433 Год назад

Sir please make a video on ChatGPT and how it will replace 95% of developers

@pankajtomar7944 Год назад

Make one video on japan and India salary comparison

@maheshjagtap4955 Год назад

Can you please make one video on Netherlands

@umangmalhotra1222 Год назад

Movie India (Bangalore etc) me takes 1000 Rs if You are going atleast once.

@spy_kill Год назад

Make on Australia vs India

@darkwizard5943 4 месяца назад

Make one on India vs australia

@tejassubramanya6456 Год назад

Lunch 550 + eating out 400 + grocery 150 = 1100 euros in Germany while in India the total comes to 8500!!! Is this a joke ;)

@hitenrana4775 Год назад

Great timing for the video. I have an offer for Germany and wanted to know more about the taxes salaries etc.

@SoumyajitBhattacharyay Год назад

That is awesome! Congratulations

@hitenrana4775 Год назад

@@SoumyajitBhattacharyay Thanks 😀

@sanketh768 Год назад

@@hitenrana4775 which company? I'm quite surprised to see you got an offer during the recession. Congratulations

@hitenrana4775 Год назад

@@sanketh768 Deutsche Bank

@sanketh768 Год назад

@@hitenrana4775 awesome, for SDE role?

@parthg199 Год назад

Sde - 2, 55 lacs hota h kya? Microsoft wagerah mein toh 30 base, and 10 aur maan lo

@SoumyajitBhattacharyay Год назад

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+)

@parthg199 Год назад

@@SoumyajitBhattacharyay ohh ye toh kaafi high h, nice

@tgow7304 Год назад

gym m calculation yearly nahi h shayad XD anyways thanks a lot again for this great vid

@SoumyajitBhattacharyay Год назад

Naa naa 25 euro per month and then yearly me multiply kara hai

@spekky6248 Год назад

Make one about Australia

@multiplewaya-qk7uq Год назад

only tell on the basis of base salary. STOCKS are for future

@SoumyajitBhattacharyay Год назад

No this is on the basis of yearly salarym future stocks are obviously not considered

@adnanation3406 Год назад

Very wrong numbers used in the comparison!!

@Nikhil_utube Год назад

People be like : Soumyajit got laid off, so sold off his table, chair to live in recession without salary.

@ayushjindal23 Год назад

Make videos on companies too

@SoumyajitBhattacharyay Год назад

Absolutely

@akhilreghunathan8645 Год назад

Great one. That's true. It is possible to control the brain drain. 😉

@hrishikeshaj976 Год назад

Request from a fellow Amazonian : Luxembourg 🇱🇺

@SoumyajitBhattacharyay Год назад

Surely! 😊

@user-le8yh6om5c 3 месяца назад

@jeromebhaskar3690 Год назад

Sir, thank you so much for this video..How about india vs Switzerland for next video

@SoumyajitBhattacharyay Год назад

Surely will do

@wingvijay Год назад

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.

@hemanthpothala356 Год назад

India or USA where we can save more as a software engineer?

@SoumyajitBhattacharyay Год назад

Hands down USA. I have made a detailed video on it.

@harshinredzone Год назад

India mein 55 lakh kaun de raha SDE 2 ko? Can someone please help?

@dibyanshumishra3536 Год назад

Amazon, google, microsoft, stripe, rippling, rubrik, cohesity, and 100 other companies that i know of.

@SoumyajitBhattacharyay Год назад

Agree. And this is the starting salary for sde 2 at these firms 😊

@harshinredzone Год назад

@@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? ☺️

@SoumyajitBhattacharyay Год назад

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

@dibyanshumishra3536 Год назад

@@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.

@charanjeet614 Год назад

Right No benefits go outside for money

@royaltv671 Год назад

Hello 1234 mic testing

@SoumyajitBhattacharyay Год назад

Hahahah

@user-oo4rk1hb1r 9 месяцев назад

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??

@user-le8yh6om5c 3 месяца назад

@SoumyajitBhattacharyay 3 месяца назад