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?
I didnt expect so many replies and its hard to keep with comments so sometimes I may have skimmed some replies too fast (like your comment on taxes for companies ;)). Im also on phone.
People have also started talking about welfare and taxation which is irrelevant to the question which was why US companies pay more (pre-tax). I think this dereiled and I wanted to edit the post to l clarify but my mobile client doesnt have edit post functionality yet. I have to admit I got a bit annoyed because that had nothing to do with my question and turned into a us vs europe welfare/benefits which has nothing to do with pre-tax salaries. When broght that even in Europe with the same welfare and benefits US companies pay mroe people still kept talking about welfare. Its a bit annoying to be fair