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> This is not a very good frame of reference to take though ... they are getting paid $200K - what they give to their government is their business, not yours.
by PragmaticPulp 4y ago
> This is not a very good frame of reference to take though ... they are getting paid $200K - what they give to their government is their business, not yours.
You’ve misunderstood. I’m not referring to individuals’ own taxes.
Most countries have employer paid taxes on payroll. It’s literally an additional cost paid by the employer for having that person on your payroll.
In several European countries, this employer tax can be a lot higher. It can be much more expensive for the company to hire in those countries at equivalent compensation to the employee . Read the article for some more details.
- jollybean 4y agoI didn't misunderstand, I indicated 'payroll taxes' there. It just wasn't clear. I think a good idea would be to tell employees what their total comp is, and then deduct payroll taxes. Tell them they are being paid 'equivalent' as elsewhere.