3 ms·
Salaries in the US are more than twice as high as salaries in Europe tho. Maybe not having any benefits is a part of the equation to get those salaries? (naive
by ggregoire 8y ago
Salaries in the US are more than twice as high as salaries in Europe tho. Maybe not having any benefits is a part of the equation to get those salaries? (naive suggestion, I'm not an economist)
(Source for the salaries: https://www.thebalancecareers.com/average-salary-information-for-us-workers-2060808 https://www.thebalancecareers.com/average-salary-information...
$28,000 for no high school degree -> people with BS gets this kind of salary in Europe. $37,000 for high school degree -> people with MS gets this kind of salary in Europe. Same logic for the other salaries on this chart.)
- alexandercrohde 8y agoMaybe, if Salaries in the US are twice as high as Europe, then the average American is already paying more total tax than the average European and thus might expect more benefits.
- analyst74 8y agoA lot of the benefits' cost are labour (i.e. doctors, fire fighters, etc), hence are more expensive to provide. It's the circle of life.