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> You can pay that much for a factory worker in eastern/south Europe You'd be well bellow the gross average everywhere in the EU, even the poorest countries. O
by Bayart 4y ago
> You can pay that much for a factory worker in eastern/south Europe
You'd be well bellow the gross average everywhere in the EU, even the poorest countries. Outside of the EU you might have a shot in Albania or Moldova, but you'd lack all the infrastructure and stability you'd need for large scale manufacturing.
- rapsey 4y agoA factory worker is living on minimum wage. Nowhere near average.
- nmarinov 4y agoThey don't seem to be minimum wage workers in China[1] and India[2]. And are in fact much closer to median than minimum. Europe's minimum wages are much higher in comparison[3]. [1]https://en.wikipedia.org/wiki/Minimum_wage_in_China https://en.wikipedia.org/wiki/Minimum_wage_in_China [2]https://www.india-briefing.com/news/guide-minimum-wage-india-2022-19406.html/ https://www.india-briefing.com/news/guide-minimum-wage-india... [3]https://en.wikipedia.org/wiki/List_of_European_countries_by_minimum_wage#Minimum_wages_by_country_2 https://en.wikipedia.org/wiki/List_of_European_countries_by_...
- rapsey 4y agoI don't understand your point. Google says Chinese manufacturing jobs pay $11k per year in 2020. This is a salary level of a south/east European factory worker.
- michpoch 4y agoThat's the salary. Now, you have employers costs, which will be much higher in socialistic countries in EU.
- marcus_holmes 4y agonot so much - US employees need very expensive employer-provided health insurance. In the EU that's covered by taxes instead. I couldn't find a direct comparison (hard because it varies by state & country), but it seems to be a wash: https://topsourceworldwide.com/international-salaries/ https://topsourceworldwide.com/international-salaries/ note that China is 40% of salary as a payroll tax, which tops the list.
- pwinnski 4y agoQuite the (wrong) assumptions, in service to a preconceived narrative. What you term "socialistic" countries handle government services via taxes more than levies on employers. It looks like the employer cost in China is 40.92%[0], while the highest percentage in Europe is 32.4% in Italy, and Switzerland imposes only 9.5%. 0. https://topsourceworldwide.com/international-salaries/ https://topsourceworldwide.com/international-salaries/
- nmarinov 4y agoMy point is that in general manufacturing jobs aren't minimum wage. And those levels are below minimum wage in most European countries. I just checked job postings in Bulgaria(the poorest EU country) and $11k is just a bit above entry level salary for unskilled uneducated manufacturing workers. It's higher with taxes, experience, etc. and there's a lot of better options at that level. And the truth is even if you can find cheap employees in Albania, Bulgaria, Belarus, Macedonia, infrastructure is not there and investment wouldn't make much sense because there's not a lot of people here that are okay with such low wages.
- gambiting 4y agoAverage is a really bad way of measuring what people get paid though. The average pay in Poland is currently 6700PLN/month , and that's a crazy amount of money for that country. Like, teachers are paid 2000-3000PLN, just to show you the disparity between the average and "real" pay of real people. A factory worker will make much closer to 2000PLN a month than 6700PLN.
- Darge 4y ago> Like, teachers are paid 2000-3000PLN Can you please provide some sources for that claim? For example [1] says that the lowest, starting salary is already over 3000. And the salaries for teachers grow with work experience. [1] https://notesfrompoland.com/2022/10/12/polish-teachers-among-lowest-paid-in-europe-shows-eu-report/ https://notesfrompoland.com/2022/10/12/polish-teachers-among...
- gambiting 4y ago>>Can you please provide some sources for that claim? Family who are teachers - but I guess the bottom of the scale has increased now, that's my mistake. Also observe how the top of the scale is 64578PLN/year, and according to the article, teachers reach that level in about 20 years on average. So even after working in the profession for 20 years, you don't reach the average wage for your country when working as a teacher.
- Darge 4y agoThe "average salary in Poland" you are mentioning is a very specific measurement based on companies that have 10 or more employees. This measures only a subset of workers: in particular, it does not measure the salaries of school teachers. The true average salary in Poland is lower than that. I suspect that you do reach the average salary as an experienced teacher.
- michpoch 4y agoYour data is a bit dated - the minimum wage in Poland is 3010 PLN and it'll be 3490 PLN starting 1st Jan 2023. The unemployment rate is very low, so to be able to hire factory employees you'd realistically need to offer at least 5000 PLN (~1000 USD) in gross salary. You'd have a much better chance to open such factory in Spain or Portugal, the salaries are similar, but you'll have an easier time hiring + green energy from sun.