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24k in Slovenia sounds equivalent to 125k in the Valley though, ... The bottom line might also be "migrate to a richer country"
by jupp0r 10y ago
24k in Slovenia sounds equivalent to 125k in the Valley though, ...
The bottom line might also be "migrate to a richer country"
- gambiting 10y agoIt's always relative. On my UK salary I would starve in SF. In Poland, where I am from, I could afford to buy or build a house in few years, outright, without a mortgage. But where I am now, I can maybe apply for mortgage in couple years time then pay it off in 15-20 years. Does that mean I should move? If yes, then surely, the answer would be to move to the "poorer" country if I could maintain the same salary as I have now, since my standard of living would be a lot higher than it is now.
- digi_owl 10y agoAnd that seems to be the basis for claiming the EU smoothing out wage differences across the member nations. Problem is that while it may rise the wages in a poorer country some decades down the line, right now it suppresses the wages in the richer countries because of an onrush of foreign workers that are undercutting the local workforce.
- gambiting 10y agoI'm very confused why would it be undercutting the local workforce. I certainly would not accept to be paid any less than any of my British coworkers. I didn't move here for work - I came here to university, finished my BSc, then MSc, and then I got a job - I don't feel like I'm being paid any less because I'm a "foreigner".
- digi_owl 10y agoThats because you are educated and are directly hired. Tradesman jobs on the other hand...
- Swizec 10y agoIt helps. But with 24k in Slovenia you save maybe 1k/year. With 125k in the Valley, you can save 10k/year. That's a big difference.
- digi_owl 10y agoReminds me of the hoopla over gasoline prices. Ran into a chart showing those pr liter across Europe, and Norway came out as most expensive. But almost as a footnote they also included one that calculated liters pr average wage. And all of a sudden the table was reversed.