2 ms·
one common and huge mistake people make when talking about salary is that people assume these are typical pre-tax US based salaries. in reality the salaries tha
by whenanother 7y ago
one common and huge mistake people make when talking about salary is that people assume these are typical pre-tax US based salaries. in reality the salaries that you see here and those that are posted all over the news are probably the pay given to a contracting firm. sometimes they provide the pay given to the contractors. nobody is making it clear what salary is being referred to. it's most likely the money being paid to a contracting firm. this means that you need divide the number by 1/2 to get the money paid to the contractor. then you need to factor out health insurance, pension, and other expenses related to being a contractor before you can even start comparing it to the salary of a US citizen.
These contractors typically comes from a country that have social programs that will provide them with a pension and medical coverage if they ever get sick or retire. so they can severely undercut their US counterpart who needs to earn more to cover up for the lack of public social programs in the US.