Google Munich vs Google Zurich TC

Jun 5 20 Comments

How big should I expect to be the difference for L4 (7 yoe) of TC between Munich and Zurich?

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TOP 20 Comments
  • Google oqeY
    lmao, why would you ever consider Munich over Zurich? The pay is shit in comparison, taxes are ridiculous and your QoL is going to be so much higher in Switzerland.

    Expect to take home at least twice as much in Zurich as in Munich.
    Jun 5 7
    • Google oqeY
      I'm German. There's a bunch of reasons I prefer living in Switzerland. If you read my comment again, you might notice I've mentioned QoL. You also must have missed the part where OP explicitly asked about TC.

      You do realize that the 42% tax bracket is for any Euro earned above ~56k€, yes? That's very different from California. And then there's the money you have to waste on the federal pension system (which is another reason to leave Germany, lol).
      Jun 5
    • Google / Eng hоcuspocus
      Swiss pillar 1 and 2 is waste of money too, how is German system worse?

      Top marginal tax rate in Zurich is also around 40%+, although it kicks in from about 150-200k incomes
      Jun 5
    • Google oqeY
      You know you can get the money out of your second pillar, right? The German system is worse because you pay in a lot more and get way less out of it.
      Jun 6
    • Yelp / Eng yelpparty
      I was traveling in Switzerland and everything is like at least twice expensive compared to Germany... heard rent is insanely high as well
      Jul 19
    • Google / Eng gMrE85
      You can get a nice apartment in the center of ZRH for CHF2000 (with 2.5 rooms and 70+sqm2) which is similar to MUC. Google provides food during the weekdays so you only need to cover your own meals on the weekends. So in the end the take-home savings is at least doubled if not tripled in ZRH.
      Sep 7
  • Google / Product
    bmy2012

    Google Product

    PRE
    PayPal, Google, Accenture
    bmy2012more
    You'll be financially better off in zrh. Higher base, higher COL, lower taxes
    Jun 5 0
  • Microsoft giffy
    Zurich atleast 150 base, but in Munich not much.
    Cost if living in Zurich is higher.
    Jun 5 0
  • Google USApotato
    OP: you should expect like 100k Eur in MUC And maybe 150k francs in ZRH. Just know that 1 eur=1.1 francs
    Jun 5 3
    • Google oqeY
      More like 250k CHF.
      Jun 5
    • Google / Product
      bmy2012

      Google Product

      PRE
      PayPal, Google, Accenture
      bmy2012more
      USApotato, OP is asking about TC, not base
      Jun 5
    • Google USApotato
      Oops my bad
      Jun 5
  • Google / Eng hоcuspocus
    About 20-30%
    Jun 5 2
    • OP
      You wanted to say 200-300%?
      Jun 10
    • Google / Eng hоcuspocus
      Of course not. Google pays pretty generously in Munich too, way above average. Pity it mostly goes to taxes tho
      Jun 10
  • OP
    For me there is a black hole 🕳 of informations regarding costs and taxes in Zurich. I am well aware of the taxes from Munich. And taxes are just ridiculous in Munich. Yes, I agree everything is cheaper in Munich compared to Zurich. Can anyone share some info how taxes vary according to salary in Zurich?
    Jun 10 1
    • Google oqeY
      Mind you, not everything in Munich is cheaper and a lot of things aren't that much more expensive in Zurich (e.g. housing).

      Taxation is relatively straight forward throughout the year. You're taxed at source and your GSUs are taxed at the standard withholding rate (~39%). You can find the tax rates for your monthly salary here: https://www.steueramt.zh.ch/internet/finanzdirektion/ksta/en/spezialsteuern/quellensteuer/arbeitnehmende_arbeitgebende/tarife.html - your tax rate for your base salary should be below 15%. At the end of the tax year, you'll have to file a tax return where the actual tax rate is calculated (only if your income is >120k). Depending on your expenses etc., you might end up getting a refund. This is also where the actual tax rate of your GSUs and your bonus is calculated.

      Even with a TC of 360k, you'd be looking at a <25% effective tax rate (and <20% for 240k).
      Jun 10
  • OP
    I am curios what should I expect as high costs for Zurich when:
    - already married
    - wife also in IT
    - kid is 5 years old
    Jun 11 0