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Most of the time there are more employer's contribution in Europe compared to US. Depending on the local law, you have to pay for social healthcare, retirement,
by seren 11y ago
Most of the time there are more employer's contribution in Europe compared to US. Depending on the local law, you have to pay for social healthcare, retirement, jobless benefits... At the end of the day, the difference of cost for the employer is less than the difference in paycheck would make you believe.
- Avalaxy 11y agoThe numbers he mentioned are gross salaries, not net salaries. The things you mentioned are already paid by the difference (the highest income tax bracket here is 52%). You would expect the gross income to be much higher.
- jbergens 11y agoAnd at least some countries adds taxes to the salary that the companies has to pay.