Is there an approximate calculator/formula where you can see what a US salary would be in europe (particularly Germany)? E.g.: “a PM that makes 120k in the Bay area would earn x in Germany.” Looking for a website or source like that. Glassdoor and indeed barely have any records for certain roles in Germany/Europe so that didnt work.
Pay is less in Europe but you get better benefits, and several weeks of paid vacation are mandated by law.
PM makes about 70-80K euros in Munich. You'll pay about 40% of it in taxes. However, you'll have state-sponsored health insurance, free childcare starting from the age of 3yo for your kids and legal right to workpart time if you're a caregiver. And after 6m probation period, it’d be very hard for the company to fire you, and if they do your severance would be 1.2 months for every year of service, but no less than 3 months. Also, they often provide you with a car, it's a very popular benefit option in Germany
x=shit
😂
US$60k equivalent pretax income. In other words the USA worker keeps US$95k, the German worker keeps US$45k but the socialism is so great especially for young people . NOT !!! I experienced this as a tech worker in Canada. It's why you have so many foreigners working alongside you at work . Nurses and bus drivers made the same as me ... I am not kidding I wrote a tax model for both countries to determine how poorly I was paid I could give you an exact figure to the dollar in the year I did it.
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My friends that moved to Germany make about half of what they made in SF
Thanks that’s already very helpful!
Is that gross salary or net of taxes?