4 ms·
European salaries are also before taxes (which are higher), retirement saving, healthcare, and other deductions. In Germany, e.g., you have to deduct from 60k E
by seppel 8y ago
European salaries are also before taxes (which are higher), retirement saving, healthcare, and other deductions. In Germany, e.g., you have to deduct from 60k EUR salary roughly the following: 13k taxes, 4k healthcare (your employer has to pay another 4k), 5.5k retirement, 1.7k social security. And you certainly want to save something extra for your retirement as well.