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> The US is a huge outlier regarding salaries compared to practically anywhere else. That is obviously not true, unless you exclude a lot of countries from "an
by rocgf 4y ago
> The US is a huge outlier regarding salaries compared to practically anywhere else.
That is obviously not true, unless you exclude a lot of countries from "anywhere else".
- rapsey 4y agoOk name the countries.
- jamesdgb 4y agoAll the countries in the EU: https://en.wikipedia.org/wiki/List_of_European_Union_member_states_by_minimum_wage https://en.wikipedia.org/wiki/List_of_European_Union_member_...
- alistairSH 4y agoBelgium. Denmark. Sweden. Germany. All relatively competitive with US on an hourly basis.
- deleted 4y ago[deleted]
- slaw 4y agoLocal grocery in Seattle is hiring, $26/hour. From what I read on hackernews is like entry software engineer job in Sweden.
- alistairSH 4y ago€32.8* > $27.77 :shrug: * Euro zone, EU is less https://ec.europa.eu/eurostat/web/products-eurostat-news/-/ddn-20220328-1 https://ec.europa.eu/eurostat/web/products-eurostat-news/-/d... https://tradingeconomics.com/united-states/wages https://tradingeconomics.com/united-states/wages
- slaw 4y agoOne is labor cost the other is wage. Two different although related metrics.
- sgjohnson 4y agoCost of living between Seattle and Stockholm is also probably comparable… But to be fair, US software engineer salaries are super high compared to everywhere except Switzerland. However there’s still no way in hell a grocery store anywhere in Europe is going to pay someone $26/h.
- pdabbadabba 4y agoIt might be an exaggeration to say that the U.S. is a huge outlier. I suppose that's subjective. But it certainly looks like an outlier in this summary of average wages of OECD countries: https://data.oecd.org/earnwage/average-wages.htm https://data.oecd.org/earnwage/average-wages.htm Average wages in the U.S. are, in fact, the highest among all OECD countries--and much higher than all but a few very small countries (Luxembourg, Switzerland, and Iceland). I wonder, though, how well this holds up if you look at the lower quintiles of the income distribution in each country--i.e., if you compare poorer workers instead of average workers. I would not be surprised if the bottom quintile earners in the U.S. make less than their counterparts in the EU, and perhaps elsewhere. Edit: OECD also provides average earnings by activity and if you look at average earnings in "industry," the U.S. is, indeed, far from the top, with many countries in Eastern Europe ranking quite highly. Of course, that could just as easily be an effect of the types of industry located in each country, more than anything. You may still need to pay an American far more to build an iPhone than a Slovenian, which is a question I don't think this data meaningfully addresses. https://data.oecd.org/earnwage/employee-compensation-by-activity.htm#indicator-chart https://data.oecd.org/earnwage/employee-compensation-by-acti...
- deleted 4y ago[deleted]
- rocgf 4y agoThere are too many to name, it's basically the entire developed world, which is basically NA, Western Europe, Australia, Japan, South Korea. Not saying the US is not more expensive, but it's not a "huge outlier" by any means.