4 ms·
> paying people If you are not in the US, there can be a lot of surprises in these comparisons. You might see that you make $X in tech and in Silicon Valley s
by jjav 3mo ago
> paying people
If you are not in the US, there can be a lot of surprises in these comparisons.
You might see that you make $X in tech and in Silicon Valley someone makes $3X for same job and that sounds awesome on paper.
But how much is health care coverage, both insurance and out of pocket after insurance? In SV I pay over $20K in insurance and the additional out of pocket depends on what happens but can be $10K-$20K. But if you have some catastrophic health problem, can be in the millions of dollars. Compare this with health expenses outside of the US.
How much is daycare, school and university for the kids? The costs in the US are mind-blowing, vs. either free or cheap in other countries. Here in SV I pay ~$45K/year just for high school, university will probably be a lot more.
Home insurance? If you can even get it, will be outrageous. Car insurance, think 4K-10K year depending on details.
And so on.
Don't compare gross salary, compare net leftover salary after ALL required expenses.