Pay's Decent, Benefits are Fine
Working here as a Software Engineer, the pay and benefits are just okay. It's stable, but not going to make you rich compared to larger tech firms.
The health benefits package is pretty solid for the Munich office. It's a stable mid-sized tech company focused on embedded systems, so job security feels good.
Salaries aren't super competitive, especially for experienced Software Engineer roles. Raises are often small, and the bonus structure isn't very impactful for those working on IoT solutions. Don't expect big tech compensation.
Review the salary bands for Software Engineer roles, especially compared to the local Munich market. A more transparent and robust bonus program would help with retention.