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At least in Germany, $80k salary would mean costs of nearly $100k for the employer because of additional social security payments required. So it really isn't a
by fahrradflucht 6y ago
At least in Germany, $80k salary would mean costs of nearly $100k for the employer because of additional social security payments required. So it really isn't a fair comparison.
- collyw 6y agoWould that translate into a "40k in your pocket" salary? I have heard Germans mention 50% tax before, but no idea how it is implemented.
- fahrradflucht 6y agoFor a single without kids, 50%, meaning 40k in your pocket, is a good rule of thumb, yes.
- collyw 6y agoSo an 80k salary in Germany involves the employee paying 50% and the company paying another 20k on top of that?
- fahrradflucht 6y agoYes. But remember that this includes health insurance, basic retirement, unemployment benefits and so on.
- Audiophilip 6y agoYou can check the exact amounts with this online calculator: https://www.brutto-netto-rechner.info/gehalt/gehaltsrechner-arbeitgeber.php https://www.brutto-netto-rechner.info/gehalt/gehaltsrechner-... Set the "Steuerklasse" to 1 for singles, 3 for married employees.
- namdnay 6y ago> $80k salary would mean costs of nearly $100k for the employer Closer to 150..
- Audiophilip 6y agoNo, sorry, an $80k salary would cost $94k for the employer in Germany.
- deleted 6y ago[deleted]