Or rather why Europe pays so bad.
I wonder whats the reason behind many american companies being able to pay 200-400kusd a year while its hard to get past 100k usd in the richer countries of Europe (Germany, Scandinavia, UK, etc.). A junior in USA gets more than a senior in Europe. And after 10 years the american may get 2-4x the salary of the european counterpart. In contrast life in USA is often even cheaper.
- Are european companies greedy?
- Are european companies less competitive?
- Are the high taxes and equality in Europe pushing companies to not try harder to reward talent while USA rewards the high performers as they can see the benefits it brings?
Not sure if this has been mentioned but don’t salaries in Europe get discussed post tax and American salaries are pre tax? On paper you can see 150k for American and 80k for Europe but that disparity is much smaller when thinking about everything post tax
I’m a software dev in Germany and have always discussed salaries pre tax. And when I was looking for jobs in other european countries, the salaries were also discussed pre tax
German salary is discussed pre-tax but post-employer-required-contributions-to-social-security though (4 types).
I assume the US has no such thing?
I know the numbers by heart. And getting 100k usd before taxes is hard in Europe. No one usually talks after taxes that doesnt make sense as taxation changes among countries and your situation (some people get more tax exemptions than others for example if you have loans)