4 ms·

I believe he meant 150k as the whole cost to the company for a decent engineer while in the end it's split like 80k of taxes and 70k of salary. The cost of livi

by stzup7 10y ago

I believe he meant 150k as the whole cost to the company for a decent engineer while in the end it's split like 80k of taxes and 70k of salary. The cost of living is a bit lower than in an expensive US city and of course you contribute directly to the social security system and much more. Hidden in all those taxes are the free healthcare, free education (including universities), up to two years of reduced salary if you lose your job, pension and much more... While the number on the paper looks much lower, in reality your standard of living isn't much different.

devereaux 10y ago
A 70k salary on which the employee will see something like 50% taken out of the 70/12=5.83k paycheck every month. The employee will see something less than 3k arrive every month, while it costs the company 150k per year. This explains why you may not get the best and the brightests. (with these 30k per year you can fund you education, healthcare and unemployment) Also, the cost of living in Paris may be less than NYC, SF, DC, but I think that's about it.
stale2002 10y ago
So moral of the story is get your free education in Paris and then get the F out to America where the wages are higher? Also, every job I've ever had provided me with free health insurance. Not sure what the big deal with that is.
- user5994461 10y ago
  Close enough. 1) You get your [not really] free education in France not in Paris because it's crazy expensive [unless you live there with your family who own something]. 2) Get your master [you can only do master level here and everything else is highly underated]. 3) You try to leave to America and you can't because H1B are crazy impossible to get. 4) You move to London. 5) You realize your master is useless there and you could have got all the same with only a bachelor, save the money and a few years of your life. 6) You go back to France once a year for the engineer school job fairs to recruit interns and help Frenchies leave their country.

by stzup7 10y ago

devereaux 10y ago

A 70k salary on which the employee will see something like 50% taken out of the 70/12=5.83k paycheck every month. The employee will see something less than 3k arrive every month, while it costs the company 150k per year. This explains why you may not get the best and the brightests. (with these 30k per year you can fund you education, healthcare and unemployment) Also, the cost of living in Paris may be less than NYC, SF, DC, but I think that's about it.

stale2002 10y ago

So moral of the story is get your free education in Paris and then get the F out to America where the wages are higher? Also, every job I've ever had provided me with free health insurance. Not sure what the big deal with that is.

user5994461 10y ago
Close enough. 1) You get your [not really] free education in France not in Paris because it's crazy expensive [unless you live there with your family who own something]. 2) Get your master [you can only do master level here and everything else is highly underated]. 3) You try to leave to America and you can't because H1B are crazy impossible to get. 4) You move to London. 5) You realize your master is useless there and you could have got all the same with only a bachelor, save the money and a few years of your life. 6) You go back to France once a year for the engineer school job fairs to recruit interns and help Frenchies leave their country.