34 ms·
>> locally quite high $80k annual income (STEM PhD, 40yo) I love Europe, both for the lifestyle and the safety net. But the salaries are kind of shocking for
by georgeecollins 3y ago
>> locally quite high $80k annual income (STEM PhD, 40yo)
I love Europe, both for the lifestyle and the safety net. But the salaries are kind of shocking for an American.
- postepowanieadm 3y agoHealthcare, education and retirement/social security included.
- TheAlchemist 3y agoAnd no tipping ! It's hard to really compare between the countries, but I feel like one should almost x2 an EU salary, to get an US equivalent, in terms of quality of life offered.
- cassepipe 3y agoPlus, OP makes 6000 euros a month which really is not nothing.
- FirmwareBurner 3y ago6000 a month is huge by EU standards. Most of EU tech workers make way less than that. In Austria you can expect to take home about 3k a month. More is a rare outlier. Outside of big-tech and FAANGS, pay in EU is super weak compared to US, like orders of magnitude.
- ponector 3y agoIt is huge, but still peanuts considering cost of living and prices for housing. Many people just gave up to the dream of real estate ownership. Rent till the death. With 6000 monthly how many years they need to save money for down payment for small apartment? Buying a house is not an option at all for working people.
- dukeyukey 3y agoI don't think that's true. America's home ownership hovers around 65% - in Norway it's 80%; Swedeon 65%; Denmark 59%; Iceland 73%. If anything, a higher percentage of Nordic citizens own houses than Americans.
- ponector 3y agoSomeone can live with parents and in statistics they will go into "home owners" bucket. Anyway I'm talking about possibility to buy with current salary and current price. If you like statistics - search for house affordability index.
- dukeyukey 3y ago> Someone can live with parents and in statistics they will go into "home owners" bucket Funnily enough Nordic populations tend to leave home before Americans, so the American figure is even worse than they look. Don't just tell people to look up figures - cite them here please, and why they should overrule the figures saying as many or more Nordic people own their homes than Americans.
- tick_tock_tick 3y agoYeah but that pay is peanuts. None of that stuff costs even close to enough to justify taking less then half the pay. Don't get me wrong the safety net component is really nice but as long as the goings good it's a hard sell compared to the USA.
- em500 3y agoA lot of things that (especially progressive) Americans love about Europe are at least in part financed by those lower salaries.
- seper8 3y agoI work at said company with just a bachelors degree and make (way) more than that. I think its mostly PHD's that are paid shit comparatively to the US, lol. I've heard it's because there's little to no competition. If you have PHD's in certain fields, you can either work at ASML here or do something else unrelated to your PHD.
- pitkali 3y ago> I think its mostly PHD's that are paid shit comparatively to the US, lol. No. The salaries at all levels in Europe are lower than in the US, regardless of a few outliers. That part is indisputable.
- shiroiuma 3y agoBoth claims can be true (all salaries lower, PhDs paid poorly). I don't have a PhD, but from what I've heard in the US, PhDs are paid pretty poorly there too, compared to their level of education and the level of work they do compared to, for instance, a software engineer with a Bachelor's.
- seper8 3y agoThats exactly my point
- Hikikomori 3y agoDoes mcdonalds workers earn more than $20/h in the us? With 5 weeks of paid vacation.
- FirmwareBurner 3y ago>I work at said company Which company is that? Parent didn't mention a company.