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$74,000 to put $44,000 in Sally's pocket and to give her $12,000 in benefits. Employees get to keep more the 75% of what the company spends for them? (56k / 74
by paolomaffei 16y ago
$74,000 to put $44,000 in Sally's pocket and to give her $12,000 in benefits.
Employees get to keep more the 75% of what the company spends for them? (56k / 74k)
Employees in Italy and Scandinavia countries barely get 50% of what companies pays them...
- sciolistse 16y agoYep, move to Sweden and he'd be shelling out some 90k to put $44000 in his employees pockets (46% payroll tax, 5-15% social security, then 30% income tax on that).. And then there's the 25% sales tax.
- jpr 16y agoComing from Finland, this was my first reaction too.
- abalashov 16y agoYeah, and employees in Italy and Scandinavian countries get a metric butt-ton more government services for their money. Not to turn this into an argument about what government should be doing; don't care, irrelevant. The point is simply that you do get a lot for giving up ~50%+ of your paycheck in those countries. Here, you just give up whatever you give up (your figure doesn't take into account sales taxes, excise taxes, use taxes, property taxes, etc.)