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?
You get healthcare, always. Not just when you have a job. You get security around your job, so your employer can’t just go “lol, you’re fired, stfu”. You get “theoretically” enough money to live when you do get fired.
And you get that, regardless of your employment status. Everybody, from students, to fast food workers, to the nice rich software developers. Sure, you NEED it less if you’re a software developer, I almost certainly pay more in taxes than I get in tax-related value. But it also means that if my arms fall off one day, I’ll still be living in a country that will ensure I’m relatively healthy, homed, and fed.
Co-operation is why humans are so successful. If everybody was only ever out for themselves, we’d still all be scrabbling around in caves looking for food. Helping 100 people get educated so 50 of them can be useful members of society is still better than having 10 of them get supported through their parents, and letting the other 90 fail.