2 ms·
It's pretty complicated in general. For example, if you have kids, the European advantage tends to be bigger than if you don't (depending on which country, this
by _delirium 5y ago
It's pretty complicated in general. For example, if you have kids, the European advantage tends to be bigger than if you don't (depending on which country, this may include subsidized daycare, cheaper or free college tuition, cheaper or free healthcare, etc.).
In my particular case, when moving from the UK to the US, my estimate is that the "headline" salary number for the US offer I got overstated my pay by about 30% when comparing on a "like for like" basis with the UK salary. It was still a pay increase, but not by as much as you would think from just looking at the two salary numbers.
The main differences were: 1) my UK taxes were lower, 2) the UK job made pension contributions worth about 18% of salary, while the US one didn't, and 3) the US job deducts about 5% of my salary for health insurance premiums.
- nly 5y agoI don't see how taxes were lower in the UK to be honest.
- Mauricebranagh 5y agoIt is if you take the US health insurance cost and compare it to the uk employees NI. And UK has 20k PA ISA allowance (put 20k beyond tax) and a 12.3 k CGT Allowance and we don't get crucified on employee shares, if my EMI shares vest I pay no income tax and 10% CGT
- deleted 5y ago[deleted]
- deleted 5y ago[deleted]