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?
  • Kissaki@feddit.deEnglish
    4·
    1 year ago

    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?