Or rather why Europe pays so bad.
I wonder whats the reason behind many american companies being able to pay 200-400kusd a year while its hard to get past 100k usd in the richer countries of Europe (Germany, Scandinavia, UK, etc.). A junior in USA gets more than a senior in Europe. And after 10 years the american may get 2-4x the salary of the european counterpart. In contrast life in USA is often even cheaper.
- Are european companies greedy?
- Are european companies less competitive?
- Are the high taxes and equality in Europe pushing companies to not try harder to reward talent while USA rewards the high performers as they can see the benefits it brings?
The US companies still pay quite more in Europe and not only the FAANG ones.
All these benefits come out of my taxes. The before taxes salary is still higher in USA for most people. Whether your government is inefficient is another question but your companies pay more even here.
You are correct, we do on average make more here. I just don’t think you realize the extent of financial parasites in talking about. I’m not just talking about government taxes. I’m talking about constant, consistent payments you have to do for being poor here for everything. There’s no accountability for proper business conduct here unless you have money.