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It's probably not very easy to compare. For example I work in France and I keep approx $36k after all taxes (but still not taking VAT into account, which is 20
by xorblurb 11y ago
It's probably not very easy to compare.
For example I work in France and I keep approx $36k after all taxes (but still not taking VAT into account, which is 20% on most products). This salary costs around $78k for the company I work for. Approx breakdown: 25k in employer taxes, 12k in employee taxes (the distinction is rather arbitrary, but sometimes the government changes the rate of one or the other...) and then 5k in household income taxes (if you have some capital gains it also goes to income, but actual work is taxed over and over and over... :p )
Also I work full time: 218 days a year (with no fixed number of hours per week, but it is very reasonable). That's more than 6 weeks of paid vacation + a dozen of holiday here and there. And when I was sick for 3 weeks last year, it was not deduced from my vacations (but the sickness indemnity during those 3 weeks were less than my usual rate, maybe 60% but I'm not sure)
I also sometimes work on the side as an independent and on the monetary side the end result is roughly the same: if a client pays me X, at the end I keep approx X/2 and the other X/2 goes to various taxes (but it is better to be salaried, because those X/2 in tax provides you virtually no security as an independent, whereas they do when salaried)
Now to compare anything you'll also have to at least convert in PPP, and also consider what is provided to you (and even to others!) for "free" with your taxes. This is arguably not reducible to a single figure; I would rather make a "little" less if that lets other people have better health care and if that means that nobody will ever ask me a fucking ridiculous amount of money if I need a really expensive medical treatment (not that the French health care system is the best, but I guess it is not that bad compared to some other countries...). Also a lot of social and related services are provided for completely free to the users. And even in areas where housing is expensive you would find it insanely cheap compared to NYC or some places in the silicon valley.
And to finish remember that the value of the Euro has decreased a lot the last few months compared to the USD. That make all the amounts even more difficult to compare: one year ago I would have told you that I keep maybe $47k after all taxes (from an amount in € that was actually a little lower than what i have now...)