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The real question is how expensive they are. The US has les protections but thus pays a lot more. Soft engineers moving from SF to europe get their income cut b
by conanbatt 10y ago
The real question is how expensive they are. The US has les protections but thus pays a lot more. Soft engineers moving from SF to europe get their income cut by more than 50%. In the end, more europeans move to the Us that the other way around, showing ultimately what the body prefers.
- megous 10y agoWho cares about income? Profit matters. Societal benefits matter too. How many days of work in a month is required to break even on all the basics of life like rent, food and medical care + retirement insurance.
- conanbatt 10y agoEverything matters, thats why looking at only 1 axis ends up biased. Seeing how people vote with their feet takes everything into account, preferences, income, services, etc. The reality is that the US is a very generous place if you have money, so if you are a software engineer you can have a luxurous life in comparison to what one would get in EU. The situation is opposite for lower paying jobs.
- megous 10y agoCurious. How is it more luxurious? Say I have $2000 extra at the end of the month in EU and in US. Where the difference comes from?
- conanbatt 10y agoYou can get a better private education in the us with money that you can for free in europe. College is a great example of free college vs overpriced but ultimately valuable private colleges You could have a much bigger houses as well. If you move to munich or berlin(even though the latter is one of the cheapest cities in europe) a house is really expensive in comparison to what you can get in a city like Austin, Denver, even Seattle if you commute a bit.
- lostboys67 10y agoYour probably looking at paying > 2 times what we pay in the uk in NI just for heath cover. Also in the UK taxation of employee shares is a lot saner plus GCT is a lot lower and you get a 16k Pa allowance for CGT
- eeZah7Ux 10y ago> more europeans move to the Us that the other way around Biased metric. The US makes it hard for people to leave.
- conanbatt 10y agoHow so?
- lostboys67 10y agoThat's because "engineers" are seen as second class when compared to other professions.