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Yes, but if we look at teacher salaries, the average in the state of New York is 79 637. In Sweden it's around 41550 SEK per month, which implies 498 000 SEK
by impossiblefork 2y ago
Yes, but if we look at teacher salaries, the average in the state of New York is 79 637.
In Sweden it's around 41550 SEK per month, which implies 498 000 SEK per year, which including the tax would be 647 400 SEK per year, i.e. 59 000 USD.
But Sweden has a per capita GDP of 56000 USD whereas the per capita GDP of New York State is 104343. It's not going to be incredibly competitive.
- weberer 2y agoYou need to subtract the tax rate, not add it.
- impossiblefork 2y agoNo. In order to compare a wage to GDP one should calculate the amount of money that the employee actually costs the employer. So tax is in. I need to compare the same kinds of things. The American numbers are also pre-tax. Here in Sweden though, the fully pre-tax numbers are rarely reported. Rather, what is reported is the wage minus a 1-1/1.3 tax, so I have to reverse that tax by multiplying by 1.3.