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137 points pg_1234 | 348 comments | | HN request time: 2.756s | source | bottom
1. dotdi ◴[] No.37271077[source]
I'm shocked, I tell you. Shocked! /s

Is it a suprize to anybody that employees do not appreciate being exploited for financial gain?

2. cynicalsecurity ◴[] No.37271086[source]
As much as I like my vacations, I would rather prefer US salary over it.
replies(4): >>37271102 #>>37271114 #>>37271224 #>>37271600 #
3. lionkor ◴[] No.37271090[source]
> While the average American is lucky to get 11 vacation days

WHAT? Does that count sick days as well, or is that a myth?

Here in Germany, I get 30 vacation days per calendar year, plus any sick days, and thats fairly normal.

Edit: Sure the absolute salaries here are lower, but the cost of living is vastly different and the social support structures and healthcare are different, too. That should definitely be kept in mind.

I dont need to drive my car a lot, because my city is fully walkable/bikeable, and thats not a super rare thing here. There are a lot of factors.

I feel vacation days are just a basic requirement for happiness, whereas being rich maybe isnt

replies(17): >>37271104 #>>37271140 #>>37271164 #>>37271175 #>>37271182 #>>37271186 #>>37271257 #>>37271281 #>>37271340 #>>37271357 #>>37271399 #>>37271541 #>>37271581 #>>37272582 #>>37274311 #>>37275157 #>>37283389 #
4. jlnthws ◴[] No.37271096[source]
They first need to build European-style mindset to properly take advantage of this.
replies(1): >>37271172 #
5. unmole ◴[] No.37271099[source]
Did the survey ask if they wanted a pay cut to match European style wages?
replies(9): >>37271107 #>>37271111 #>>37271120 #>>37271132 #>>37271152 #>>37271153 #>>37271214 #>>37271227 #>>37271267 #
6. lionkor ◴[] No.37271102[source]
Does the US salary hold up against the benefits you get in a well-off EU country? Namely free healthcare, automatic payments into pension fund, strong social system if you're ever in trouble, etc.?

It seems to me that, as high as US salaries are, they arent that much higher compared to European salaries when you factor all this in, plus the face that a month of that work youre paid for youre OOO

replies(7): >>37271151 #>>37271170 #>>37271203 #>>37271220 #>>37271232 #>>37271309 #>>37271522 #
7. jacobgorm ◴[] No.37271104[source]
When I first joined a US startup, they said "you can take unlimited PTO -- we suggest starting with a week per year"... I negotiated that up to the five weeks that are standard here in Denmark.
replies(3): >>37271195 #>>37271286 #>>37271539 #
8. cpursley ◴[] No.37271107[source]
Fair question. I think many Americans in higher income brackets would say yes; it’s just that they’d never had the option. Ditto on a 4 day work week.
replies(1): >>37271141 #
9. NavinF ◴[] No.37271111[source]
I suspect the survey results will change drastically if each person was shown this table: https://en.wikipedia.org/wiki/Disposable_household_and_per_c...
replies(2): >>37271156 #>>37271285 #
10. nwoli ◴[] No.37271114[source]
Don’t think you’d say that if you understood the median quality of life in europe vs the us
replies(1): >>37271177 #
11. momirlan ◴[] No.37271120[source]
and taxes...
replies(4): >>37271139 #>>37271154 #>>37271334 #>>37276039 #
12. laserlight ◴[] No.37271122[source]
NPR's recent Planet Money episode on the topic: [0].

[0] Europe gets more vacations than the U.S. Here are some reasons why. https://www.npr.org/2023/08/17/1194467863/europe-vacation-ho...

13. kramerger ◴[] No.37271127[source]
It has been shown that you need around 14 days of interrupted rest to recover from stress etc.

The European laws are not some random thing we made up because we are lazy. It is to ensure workers are well rested and ready for a new working year. Hence in long term it will also benefit employers.

Some personal anecdata: I notice an immediate difference when I come back after a long vacation. The first 2-3 months I work at top efficiency, get probably done twice as much as I would do any other month.

replies(5): >>37271167 #>>37271184 #>>37271193 #>>37271282 #>>37271537 #
14. tyingq ◴[] No.37271132[source]
That's perhaps true at tech wage levels. I think it's less true as you move down the ladder, where things like American health costs, college costs, etc, eat into things.
15. formerly_proven ◴[] No.37271139{3}[source]
Taxes and levies don't seem to be that different, overall you always seem to pay about 50 % of gross income in developed countries.
16. pcthrowaway ◴[] No.37271140[source]
> Here in Germany, I get 30 vacation days

Does this include public holidays? Or do you have public holidays?

replies(6): >>37271146 #>>37271149 #>>37271160 #>>37271161 #>>37271190 #>>37271781 #
17. refurb ◴[] No.37271141{3}[source]
Americans with higher incomes likely have very good vacation policies.

I get 25 days per year.

replies(4): >>37271185 #>>37271248 #>>37271265 #>>37271598 #
18. pjmlp ◴[] No.37271146{3}[source]
Public Holidays come on top of that, pretty standard across Europe, public holidays don't count for vacation days.
19. ruszki ◴[] No.37271149{3}[source]
When Europeans talk about vacation days, public holidays are never included.
replies(1): >>37271181 #
20. Longhanks ◴[] No.37271151{3}[source]
For Germany: "Free" as in waiting for months to get an appointment with a specialist? "Pension fund" as in gigantic ponzi scheme that requires 30% of the state‘s yearly budget, with no party having any kind of plan how to save the system? "Strong social system" as in being taken advantage of with the world‘s second highest taxes?

Sure, I’d rather be super poor in Europe than in the US. But anybody above the poorest, anybody that can and wants to work for a living, I’d much rather try to find my luck in America.

replies(5): >>37271191 #>>37271201 #>>37271212 #>>37271213 #>>37271904 #
21. WeylandYutani ◴[] No.37271152[source]
What's the point of having money if you don't have the time to spend it?
replies(1): >>37271217 #
22. pjmlp ◴[] No.37271153[source]
Reaching 50 years old, never got this American complaint about our salaries.

The whole package is what matters.

We work to live, not live to work.

replies(2): >>37271171 #>>37271207 #
23. dopidopHN ◴[] No.37271154{3}[source]
I pay a month worth of salary per year in France and I pay the same in Louisiana. 1/12

But in France you get something out of your taxes

replies(2): >>37271493 #>>37271812 #
24. defrost ◴[] No.37271156{3}[source]
The US might have higher disposable income but there are less benefits to go with that.

I'll stick with the health care, education, paid vacation and sick leave, lower crime rates, lower incarceration rates, zero school shootings, etc.

25. Tomte ◴[] No.37271160{3}[source]
In addition to public holidays.

Depending on the state there are ten to thirteen public holidays (but some invariably fall on the weekend).

26. ◴[] No.37271161{3}[source]
27. bityard ◴[] No.37271164[source]
It depends greatly on the job. I have a fairly typical tech job in the US and have about a month of paid time off in total. Most white collar work is roughly the same, unless the company is managed by assholes.

Retail, service industry, and blue collar work is very different, though. Time off is not always guaranteed, and sick days are not always paid.

28. anoncow ◴[] No.37271165[source]
Water is wet?
replies(1): >>37271197 #
29. 1letterunixname ◴[] No.37271166[source]
Meanwhile, Americans don't know how bad they have it and are far more productive for more hours for less money. Perhaps Americans should unionize smartly more and insist on collective bargaining for workplace safety, proper healthcare, and livable wages to start?

Most Americans are living paycheck-to-paycheck and don't have much hope for their future. They feel like they're going to work until they drop without a plan or the resources to grow old with a shred of dignity.

30. renewiltord ◴[] No.37271167[source]
How long is that long term because there aren't that many great European companies.
replies(4): >>37271210 #>>37271294 #>>37271342 #>>37271907 #
31. ◴[] No.37271170{3}[source]
32. dagi3d ◴[] No.37271171{3}[source]
For some might not be the case when talking about the health insurance...
replies(1): >>37271447 #
33. WeylandYutani ◴[] No.37271172[source]
This is true. I used to think that having a life outside your job was normal. But that was before I became friends with Asian expats.
34. cloogshicer ◴[] No.37271175[source]
Exactly.

I live in a big European city. You basically don't need a car - pretty much anything within the city is reachable in about 30min, and public transit is comfy.

Also, I have a public transit ticket that allows me to travel the entire country for a year, which only cost about 1000€.

Yes, salaries are lower, but I also don't have to save anything to get my kids through university, or keep emergency funds for health issues.

Also, I can't just get fired without cause. And if I do get laid off, I have 3 months of grace period, plus potentially years of unemployment money.

Also, the government even pays for certain courses so I can find employment again.

The social system in Europe is amazing.

replies(5): >>37271219 #>>37271268 #>>37271333 #>>37271732 #>>37272157 #
35. kramerger ◴[] No.37271177{3}[source]
You can have private medical insurance or retirement funds on top of that. One does not exclude the other. In fact, most employers offer that as part of your benefits

What you refer to is basically lowest level safety net.

replies(1): >>37271218 #
36. bananapub ◴[] No.37271180[source]
what's wrong with the other 34%?
replies(1): >>37271244 #
37. dukeyukey ◴[] No.37271181{4}[source]
Depends on the country. I officially get 33 days off at work, which includes public holidays; if I wanted to, I could probably negotiate to have those become part of my standard PTO, especially if it meant they had someone who could reliably run support during public holidays.
replies(1): >>37318710 #
38. taurath ◴[] No.37271182[source]
A huge percentage of US workers don’t get paid time off at all.
replies(1): >>37271198 #
39. ghosty141 ◴[] No.37271184[source]
In Germany it is actually mandated by law that you take two consecutive weeks of vacation in a year!
replies(4): >>37271208 #>>37271234 #>>37271339 #>>37271416 #
40. objektif ◴[] No.37271185{4}[source]
What type of job?
41. pawelwentpawel ◴[] No.37271186[source]
Are the salaries really lower because people take more holiday or pay taxes?

Also, vacation days are not always used for fancy instagram post holiday. As random as life is, there are non-medical emergencies that one needs to attend to occasionally. Being able to see family is another one. Not everyone has their parents located within 1 hour driving distance.

My personal preference is to work as contractor and charge only for the days when I work. It takes away the feeling that the employer (or client) has a full control of your life and can dictate whether you will take 4 or 5 days off within a year or try to guilt trip you into working over weekends for no proper reason.

replies(1): >>37271576 #
42. isaacremuant ◴[] No.37271190{3}[source]
I'm assuming it includes public holidays.

For context UK can commonly have 20 to 30 working days and that won't count public holidays (which depend on the country, and should be around 9-11 days which includes new year's, xmas).

43. renewiltord ◴[] No.37271191{4}[source]
Sadly, you'll be waiting in America too if you're in SF. It's actually really poor customer service till you get the doctors.
44. switch007 ◴[] No.37271193[source]
> The European laws are not some random thing we made up because we are lazy.

In the case of the UK, much of the working hours, weekends, time off for bank holidays etc were hard-won agreements and rights from the Industrial Revolution era to the 20th century. The UK led the charge with many of these things too

I wish more people understood this. We had basically slave labour, workhouses, horrific factories etc

45. iteria ◴[] No.37271195{3}[source]
That is blowing my mind 2 weeks is generally considers standard for white collar work in the US, but companies that have unlimited PTO have a higher tolerance in my experience. I take off 5 weeks a year. I found that taking off a week a quarter and then whatever random emergency days was just right for me. It's why once I experienced unlimited PTO I never went back.
46. 0xDEF ◴[] No.37271196[source]
Other than the expensive healthcare one thing that really brings down American quality of life is the long working hours and lack of vacation.

Americans should also stop focusing on bullshit stats like "working two jobs or more". The percentage of Danish people who work two jobs or more is roughly the same as in the US. The real problem are the long working hours and lack of vacation in the US.

47. personomas ◴[] No.37271197[source]
I think actually more newsworthy here is that only 66% of Americans want extended holidays haha
48. morelisp ◴[] No.37271198{3}[source]
A smaller but still significant percentage of these still receive an allotment of "sick days", and if they exceed them (or have a job without them) just get fired.
replies(1): >>37271277 #
49. rightbyte ◴[] No.37271201{4}[source]
> "Pension fund" as in gigantic ponzi scheme that requires 30% of the state‘s yearly budget

Why is that a problem? At macro scale you can't really save money. As long as the pension payouts are somewhat balanced to pay ins each year it is kinda fine.

replies(1): >>37271362 #
50. BlargMcLarg ◴[] No.37271203{3}[source]
Free healthcare is not a given even in well-off EU countries. Besides a 'strong social system' (too vague given the dozen ways each country's system is leaking), the remaining points can be done by anyone who has the income to spare.

>automatic payments into pension fund

This is trivial to do if you spend a few hours researching. It's your money they are putting in at the end of the day, but now it's inaccessible to you until you're old. God forbid if you are an exceptional case (e.g. moving outside the EU), since the systems are getting more rigid by the day to save on labor costs.

>as high as US salaries are, they arent that much higher compared to European salaries when you factor all this in

Depends entirely on your job. High-skilled workers are higher at the end of the day. It's almost entirely a cultural/mentality issue for high-skilled workers, who have the money to take months off but are trained to be workaholics. The same way most Europeans are trained to do this '1 month off 11 months on with Xmas and a few random days free' dance, without realizing they can take off more if they have the money for it.

It's primarily to the benefit of low-skilled workers, who are guaranteed a better minimum in most of the EU rather than being at the mercy of the 'free market' in the US. And even that is debatable and case-by-case.

51. larusso ◴[] No.37271205[source]
I‘ve been to the US for a long vacation (4,5 weeks or with traveltime and rest day before and after a whole month). I was able to do this because I have 35 days of vacation (a bonus program from my employer, stay more then x years and your vacation days increase. I have the maximum after 7 years) While I was traveling through south California and Arizona I dreamed how awesome it would be to live here and be able to visit more awesome sites without a 11-13h flight and all the other costs. Then I realized: If I would live and work here I might not get the vacation days I‘m used to, to do all these things. Bubble bursted for the time being. Or are there exceptions? I also include a normal weekly hour rate. I work 40h a week and can be very flexible with these times.
replies(2): >>37271773 #>>37275976 #
52. speedgoose ◴[] No.37271204[source]
I’m concerned about the 21% who don’t want a better quality of life. What’s going on with them?
replies(6): >>37271271 #>>37271284 #>>37271288 #>>37271312 #>>37271316 #>>37271663 #
53. zer0tonin ◴[] No.37271207{3}[source]
I think Americans also are quite delusional about how low the European salaries are. Getting six figures in Europe isn't particularly hard anymore.
replies(5): >>37271295 #>>37271307 #>>37271369 #>>37271378 #>>37271461 #
54. osclarto ◴[] No.37271208{3}[source]
I've lived in Germany the last few years, I never heard of this, not saying it's not true but it's defo not enforced
replies(1): >>37271287 #
55. rpadovani ◴[] No.37271210{3}[source]
I count 10 European companies on this list, and 20 US.

Maybe is not as bad as you think?

https://en.wikipedia.org/wiki/List_of_largest_companies_by_r...

replies(1): >>37271549 #
56. ubercore ◴[] No.37271212{4}[source]
Healthcare in the US is super uneven. I had longer wait times for appointments in the northeast than I do here in Norway now with the public system.

You can get really lucky in the US and have a great experience, but you can also have really terrible ones _and_ pay quite a bit for it.

57. ghosty141 ◴[] No.37271213{4}[source]
Free as in I can get flown to the ER without having to worry to go bankrupt.

Strong social system as in you get 60% of your salary if you go unemployed for s year.

Im not sure you realize that lots of things you pay are for the chance something doesnt go as planned in your life. Ofc its better to live in the US from a financial standpoint if everything works out and you never get sick or unemployed etc

replies(1): >>37271252 #
58. edent ◴[] No.37271214[source]
The UK's minimum wage is £10.42 per hour. That's about US$13.

What's the minimum wage in the USA?

And, yes, if you're a full-time minimum wage employee in the UK you get a minimum of 28 days paid holiday.

59. sorwin ◴[] No.37271217{3}[source]
You know you can take unpaid vacations, right?
replies(2): >>37271325 #>>37271570 #
60. nwoli ◴[] No.37271218{4}[source]
Walkable cities, better culture, etc. Not just safety net
replies(2): >>37271348 #>>37271495 #
61. quonn ◴[] No.37271219{3}[source]
Parents have to pay for university in Europe unless they are poor. And while there are no fees, the costs are typically between 30k and 100k per child.

edit: In Germany. I‘m German and I have studied there. I should know.

edit2: Someone said this comment could be interpreted as the cost per year which is not the case. This is the total cost.

replies(12): >>37271237 #>>37271240 #>>37271243 #>>37271253 #>>37271256 #>>37271258 #>>37271275 #>>37271291 #>>37271301 #>>37271311 #>>37271344 #>>37271569 #
62. jakewins ◴[] No.37271220{3}[source]
I think you can do this math yourself pretty fast: US median software eng salary is about $170k/yr, German one is $80.

Both will include full health benefits etc.

With 5 weeks paid vacation in DE and 2 weeks in US, that would be $170k for 50 weeks if work vs $80k for 47 weeks.

Not counting US taxes being lower and looking only at gross pay, that’s about $1.7K/week in DE vs $3.4K/week in the US.

So after correcting for vacation, US engineers make about twice German counterparts

replies(4): >>37271671 #>>37271886 #>>37273324 #>>37273409 #
63. codr7 ◴[] No.37271222[source]
Forget about 4 weeks; I took 7 weeks off this summer, next year I'm going for 8.
64. ragebol ◴[] No.37271224[source]
Assuming you are a tech person with a high salary, you can probably afford to take some unpaid time off. But if you have a low or average salary, then you can't afford that and thus no time off at all? Sounds absolutely terrible.
65. ubercore ◴[] No.37271227[source]
Anecdote time, but I moved from a decent (non-FAANG) tech salary in the US to a (locally) good salary in Norway, and feel better off as a result. In outright terms my salary took a huge hit, but there are so many little things in the US that eat up your money you don't realize over time.

And the difference gets even more stark if you have children.

replies(2): >>37271500 #>>37276019 #
66. mmmmmbop ◴[] No.37271232{3}[source]
In tech, yes. If you work in a FAANG-adjacent company, you're likely to be a millionaire after 5-8 years of working, all while getting better health care and better pre-tax retirement accounts than in the EU. If you decide you want to take it easy afterwards, you can still move to the EU then.

In the EU, this type of job is much more rare, and even if you get one, after 5-8 years you'd probably be at around $400k-$500k.

replies(1): >>37271432 #
67. morelisp ◴[] No.37271234{3}[source]
I think you have this backwards, it was explained to me that the employer cannot refuse a consecutive vacation of up to 2 weeks, not that the employee has an obligation to take it as such.
replies(1): >>37271272 #
68. Teever ◴[] No.37271237{4}[source]
Tuiton in France is $500-600 USD/year for any European citizen. And degrees are only 3 years in France.
replies(2): >>37271622 #>>37271641 #
69. ubercore ◴[] No.37271240{4}[source]
How so? Isn't this quite dependent on country? As far as I understand here in Norway, there are no costs associated with University.
70. Etheryte ◴[] No.37271243{4}[source]
Higher education is free in many EU countries, you often only have to pay if you want to study abroad. The ones that are not free aren't anywhere near as expensive as you describe.
71. NamTaf ◴[] No.37271244[source]
They're the bosses
72. ghosty141 ◴[] No.37271248{4}[source]
What you call very good is almost the minimum (24) vacation days in germany plus you get public holidays ontop of which range from 10-12 (in a good year most of them are during the workweek).

Here people who have good jobs can get ~35 vacation days.

replies(1): >>37273724 #
73. jakewins ◴[] No.37271252{5}[source]
All US full time positions include health insurance, the insurance included with a good software job is, in my experience, miles and miles better than the one I now get in Scandinavia.
replies(3): >>37271480 #>>37271543 #>>37273911 #
74. tommek4077 ◴[] No.37271253{4}[source]
BS.
replies(1): >>37271402 #
75. xetifafa ◴[] No.37271255[source]
If anyone is interested in an anecdote from a US American mid level dev living in Germany:

I get 30 paid vacation days, 10 ish public holidays and my employer has to pay up to 6 weeks of sick leave a year (after that the public health insurance pays).

I make around 75k€ with a 38 hour work week and my take home is roughly 3600€ net. My living expenses are less than 1k (mid sized city, no car, split rent, no kids) so I am able to invest 2-2.5x my living expenses every a month.

replies(3): >>37271406 #>>37271415 #>>37271688 #
76. badpun ◴[] No.37271256{4}[source]
Depends on the country. All public universities (and these are the best ones) in Poland are free, for example.
77. ◴[] No.37271257[source]
78. rpadovani ◴[] No.37271258{4}[source]
Uhm, what?

If you live with your parents, and the university is free, where does that number come from?

And if you don't live with your parents, you live with others students, spending 600-1000 euro month for living, how do you reach that numbers?

replies(1): >>37271304 #
79. morelisp ◴[] No.37271265{4}[source]
25 days a year is not a "very good" vacation policy in Europe, I'd say that would be at least 35 + public holidays.
replies(1): >>37272004 #
80. catboybotnet ◴[] No.37271267[source]
If pay is the only concern, why not just take up contract work and refuse benefits to get the most pay? Ignoring the other variables at play, such as cost of living and benefits, and only focusing on pay is foolish.
replies(2): >>37271434 #>>37271608 #
81. nxm ◴[] No.37271268{3}[source]
Salaries are lower and taxes are significantly higher. Take your pick, but I’d rather take the American approach of a more dynamic job market. I wouldn’t want to deal with low GDP growth, public strikes (see France) and little ability to build wealth.
replies(7): >>37271306 #>>37271490 #>>37271509 #>>37271590 #>>37271629 #>>37271642 #>>37273223 #
82. 0xDEF ◴[] No.37271271[source]
If Americans want the same quality of life as we have here in Denmark they should tax the top 20% more so it doesn't surprise me that the top 20% come out against things like higher taxes and more worker rights.

I'm probably among the top 5% here in Denmark and I'm fine with paying high taxes.

replies(1): >>37271414 #
83. tommek4077 ◴[] No.37271272{4}[source]
No, the employee is also required to do that by law.
replies(2): >>37271302 #>>37271393 #
84. Aromasin ◴[] No.37271275{4}[source]
Places like the Netherlands and Switzerland generally pay around €2k a year for all students. The only place I know of anywhere near that price is the UK.
replies(1): >>37271555 #
85. larusso ◴[] No.37271277{4}[source]
That always baffled me. Yes one could say unlimited sickdays lead to a place where a worker might misuse it. But I feel that it does quite the opposite. That people don‘t call in sick and work under questionable health.

We have a similar issue in Germany when it comes to the time between calling in sick and when you need a doctors notice. A lot of companies want a sick note from the doctor from day one. Means if you feel just not great you have to haul your ass to a doctor. Others and my employer counts in wants a sicknote after or on the 3rd day. That is great as it gives you the ability to just rest etc. But that system could be misused. So if it is better to count in that some might misuse it but overall the health of the workforce stays in balance or to employ a strict system where workers are compelled to get into work until they feel really sick … I tend to preference the system with trust. But I can see that that might not work everywhere.

86. n_ary ◴[] No.37271281[source]
> Here in Germany, I get 30 vacation days per calendar year, plus any sick days, and thats fairly normal.

Sick days are fairly normal, but "30 vacation days" is not. Only bigCo/large places offer 30(some offered 35 days too). Usual is 25(state normal) with +1-2 days extra at most places. However, sick leave is godsend, no denying.

replies(2): >>37271332 #>>37271380 #
87. badpun ◴[] No.37271282[source]
> It has been shown that you need around 14 days of interrupted rest to recover from stress etc.

Do you have sources on that?

My anecdotal experience is that I need at least 3 weeks.

replies(1): >>37271483 #
88. db48x ◴[] No.37271284[source]
The survey didn’t ask about “quality of life”, it asked about paid days off. Many people would rather have more money to pay for the things that they want instead of more days off. It’s as simple as that; different people weigh the value of things differently.
replies(1): >>37271882 #
89. andrelaszlo ◴[] No.37271285{3}[source]
The difference is much smaller if you look at the median disposable income instead.

https://en.m.wikipedia.org/wiki/Disposable_household_and_per...

The big skewness (difference between the mean and the median) suggests that a lot of wealth is concentrated at the top and that many people are in fact worse off than Europeans.

90. FartyMcFarter ◴[] No.37271286{3}[source]
"Unlimited PTO" is a red flag for me. It means that PTO will be governed by pressure, self-pressure and shame.
replies(3): >>37271350 #>>37271410 #>>37275821 #
91. tommek4077 ◴[] No.37271287{4}[source]
It totally depends on the company. But if pull something like burnout, you should be careful to cover your story why you were not able to relax properly.
92. nxm ◴[] No.37271288[source]
They realize there is no such thing as free lunch. It’s an additional cost incurred by the employers that will translate into lower pay.
replies(2): >>37271819 #>>37275224 #
93. lqet ◴[] No.37271291{4}[source]
What? My parents send me the child allowance ("Kindergeld") they received for me for the 6 years I was at university, plus 100 EUR/month. I also had a regular job earning 450 EUR per month, so I had around 700-800 EUR of income per month with a 240 EUR rent. Tuition was 500 EUR per semester, so around 80 EUR/month. I was health insured for free via the insurance of my parents. I had around 300-400 EUR per month for food, electricity, and internet, which was more than enough for a single nerd. I financed vacations etc. via freelance work and savings from jobs I had when I was in school and my civil service. This was in Germany from 2008 to 2014.

Overall, I estimate that my university education cost my parents around 7000 EUR. And this wasn't even educational costs, but mostly living expenses.

replies(1): >>37271366 #
94. anonzzzies ◴[] No.37271294{3}[source]
Weird remark, but anyway; long term doesn't have to be 'great'. It can just be very long running companies. My company is 30 years old. I would say long term means something in that regard and there tons of mum and pop type places that are quite old. My old-aunts company was created in 1945 and still does very well today. Maybe we have less 'trillion$ or quit' mentality? I am happy if all my colleagues get a million euros a year for the rest of their life in my company; we don't need to be the biggest or greatest, we just need to be provide stuff people value and make money so we all can live.
95. nxm ◴[] No.37271295{4}[source]
Yes but what percentage of that ends up getting taxed?
96. nevon ◴[] No.37271301{4}[source]
There's no single policy that applies in all European countries. In a lot of countries there's no tuition fee (I live in one of them and went to university here), in some there's a token fee per year (a few hundred euros), and in some others students have to be fairly substantial tuition fees. Nothing close to the numbers you're quoting though. $10-20k per year is the highest I've ever heard of for public universities in Europe.
replies(2): >>37271314 #>>37271761 #
97. morelisp ◴[] No.37271302{5}[source]
Got some further info? I can only find reports that this is common misinterpretation.

https://www.rechtsindex.de/arbeitsrecht/490-jahresurlaub-mus...

98. quonn ◴[] No.37271304{5}[source]
Bachelor + Masters is 10 semesters usually. 1000 * 12 * 5 = 60.000. Well in the range that I quoted. And depending on the city the actual costs can be more.
replies(2): >>37271497 #>>37274463 #
99. ChatGTP ◴[] No.37271306{4}[source]
Anything but low GDP growth, the horror.
100. badpun ◴[] No.37271307{4}[source]
Probably as hard as getting $200k in the States though... "Six figures" just aren't what they used to be.
101. foota ◴[] No.37271309{3}[source]
My understanding is that yes, they generally do. The pay gap is too large. Levels.fyi says my role at the same company makes 360k USD total comp here vs 224k USD total comp in Germany, and that's with somewhat lower taxes.

Of course, the societal benefit of strong social systems though aren't really comparable to an individual's benefits in my opinion if we're just asking where someone will be better off. Individually, I'm not sure what it's worth to me either, although there is some level of private equivalents through disability insurance etc., though it's certainly not as comprehensive I imagine. I don't know how the pension works exactly, but my impression is that it's something like a 401K retirement plan in the US, where you put in some portion and your employer also matches some contribution amount.

So I'm not sure the different in benefits makes up for the 136k gap.

102. n_ary ◴[] No.37271311{4}[source]
> edit: In Germany. I‘m German and I have studied there. I should know.

I am also there and I didn't pay any monies anywhere for university(unless you mean fancy private university?). All state universities are free and we only paid some misely amount every 6 months for the city-ticket(free access to all public transport in the city, cool stuff). Also, state pays each child ~125/month until they are 25.

I believe you are in some different parallel universe entirely O.o

replies(2): >>37271337 #>>37271504 #
103. mmmmmbop ◴[] No.37271312[source]
It seems a bit disingenuous to frame it that way. Perhaps they are just mindful of the consequences, e.g. increased costs. There was a referendum in Switzerland on increasing the minimum annual leave from four weeks to six, and two thirds of voters rejected it. [0] The major argument against it was the anticipated cost to the economy.

[0] https://www.bbc.com/news/world-europe-17335444

replies(1): >>37271890 #
104. quonn ◴[] No.37271314{5}[source]
As I said in my comment it has nothing to do with tuition fees.
replies(1): >>37271394 #
105. k_kelly ◴[] No.37271316[source]
Strangely enough if you asked Europeans if they wanted high American Salaries they would also say yes.

The question is loaded and I guess 21% can think it through (or their company already gives them better).

replies(1): >>37271844 #
106. mrkeen ◴[] No.37271325{4}[source]
Unless you're hired 'at will'. Then your manager can fire you for taking vacation.
107. badpun ◴[] No.37271328[source]
It's also worth pointing out that, in many European countries (Nordics, Italy, probably Germany as well?) it's perfectly ok to just take say most of July or August off, along with everyone else. It's disruptive to the business (to the point that it's taken into account when planning things), esp. in complex companies, where a couple of key managers or architects missing means an entire initiative can stall for the duration- but it's part of the culture and business owners are just accepting this.

Also, even the senior key people are often not really expected to answers emails during vacation. It might be different at the director level and above, but they're pretty much all workaholics anyway, so they don't mind.

replies(2): >>37271426 #>>37271806 #
108. jjallen ◴[] No.37271332{3}[source]
Yes 25 is very common but still more than 2x what Americans typically get
109. emptysongglass ◴[] No.37271333{3}[source]
Salaries are so much lower than our American counterparts you'll be working right up until our government mandated retirement age, which is increasing. Our economic growth across the EU is stagnant. These are not things to be celebrated.
replies(4): >>37271471 #>>37271564 #>>37271577 #>>37271617 #
110. mrkeen ◴[] No.37271334{3}[source]
Americans do love their taxes. They still take a cut even if you live and work overseas.
111. mmmmmbop ◴[] No.37271337{5}[source]
I'm sure that the GP comment referred to total costs, not just tuition. Cost of living in a German city for 5-6 years can definitely add up to 30k-100k. Note that the costs of attendance typically cited by US schools similarly include cost of living, e.g. housing and meals (e.g. [0]).

[0] https://sfs.mit.edu/undergraduate-students/the-cost-of-atten...

112. ramblerman ◴[] No.37271339{3}[source]
Never heard that before.

I know this to be true in Switzerland, and only in banking. Where it has to do with detecting fraud in your absence.

113. Mordisquitos ◴[] No.37271340[source]
Also, I'm amazed at the very idea of having a specific number of available sick days which I understand is the standard in the US. How on Earth is that something that is expected to be planned and accounted for by the employee? How can one "run out of" sick days? How do I see stories about US workers "donating" their unused sick leave days to a colleague with cancer or other long illness?

I'm too lazy to look up the details, but here in Spain the rules are something like no pay for the first 1–3 days of continued sick leave (if not a work accident, in which case you are paid from day 1), followed by a partial payment per day off (40% of base rate?) with gradual increase as the sick leave is prolonged (15 days maybe?) with the payment being gradually reimbursed to the employer by Social Security, I think up to 75% of the employee's base rate. Businesses may of course choose to top it up from their own purse.

Other than the business legitimately suspecting abuse of sick leave, the only special case breaks into effect when sick leave exceeds 365 continuous days, at which point long-term disability may be considered.

I cannot say how dystopic the idea of having limited sick days sounds to me. I am someone who very rarely gets sick, so I very rarely need to call in sick, but I simply know I am protected if I need to as a basic right. And some years ago I did have to make use of it unexpectedly (of course!).

Through no fault of my own I was involved in a traffic accident over a weekend which resulted in, among other minor injuries, a severe traumatic brain injury which could have killed me or left me disabled if it weren't for the emergency brain surgery I received. I spent a week in the ICU, another week in the main hospital wing, months of rehabilitation, and around 10 months of "sick leave" until I was able to work again. I was decently paid this whole period and at no point did I have to worry about losing my job (nor about "medical bills" of course!), being able to fully focus on myself and making a full recovery. I can only imagine how awful it could have been had I not had these basic protective rights as a worker and a citizen.

replies(3): >>37271751 #>>37271755 #>>37276758 #
114. bestham ◴[] No.37271342{3}[source]
There are companies in Europe that are older than the US. I do sincerely think that “long term” is a viable time frame when talking about European companies. When companies grow too large the often fold. So size is not a good measure of long term sustainability.
115. morelisp ◴[] No.37271344{4}[source]
By your logic then this is also "the cost of having a job."

Nobody discusses costs like this.

replies(1): >>37271387 #
116. db48x ◴[] No.37271348{5}[source]
Many cities in the US are walkable and have any kind of culture you want. It’s weird when people paint the US with such a broad brush; it is far more diverse than any single European country.

The city I live in now has about four dozen restaurants within a mile of my home and is perfectly fine to walk in. Granted, there are more parking lots in that radius than I would prefer, but overall it is walkable. The city I lived in before that had fewer parking lots and a better street grid, making it more walkable still.

117. lotsofpulp ◴[] No.37271350{4}[source]
Also you do not get paid for leave you have accrued when you are terminated or quit.
replies(1): >>37271392 #
118. peoplefromibiza ◴[] No.37271357[source]
> I feel vacation days are just a basic requirement for happiness, whereas being rich maybe isnt

Not only that, they are a requirement to make a good worker, that consequently make a good company. If you burn out your employees you fall behind schedule pretty quickly, so you have to rely on high turnover, which isn't a great option either.

Take the example of Japan

With a new law taking effect in April 2019 requiring employees who are due 10 days or more of paid vacation to take at least five days off per year

Working too much can have tremendous social consequences

Japan has long had a reputation for being one of the most overworked countries in the world. The term karoshi, or death by overwork, emerged in the 1990s when an increasing number of Japanese professionals were dying from heart attacks and strokes. Recent years have seen an epidemic of suicide, in part because of work-related stress: of 30,000 suicides in 2011, 10,000 were believed to be related to overwork, according to the police.

replies(1): >>37271481 #
119. lotsofpulp ◴[] No.37271362{5}[source]
It is a problem once the ratio of money in to money out diverges from previous projections, such as due to unbudgeted increases in proportions of non working and/or lower earning populations.

Then you have to start adjusting the money in (higher taxes) and money out (reduced benefits), and different people in different ages/income/wealth levels start having different opinions.

120. quonn ◴[] No.37271366{5}[source]
Here is a realistic estimate for Munich.

A room costs minimum 350 Euros or may easily cost 1000.

Food and going out costs at least 100 Euros or healthy food 200-300.

The subway ticket at that time cost 70 per month.

There are some additional costs such as health insurance etc.

Tuition at that time was 500 per semester for me.

Spending a semester abroad as is common is usually far more expensive.

And by law your parents have to pay. You are not required to even work.

On average parents are required to finance housing and food with 930 per month.

Source: https://www.verbraucherzentrale.de/wissen/geld-versicherunge...

replies(3): >>37271433 #>>37271456 #>>37271687 #
121. 0xDEF ◴[] No.37271369{4}[source]
Europe is not one country. I live in Denmark and some of the things I have witnessed in (eastern) Germany almost felt 3rd worldish.
122. emptysongglass ◴[] No.37271378{4}[source]
I am European: our wages are much, much lower than our American tech counterparts, without taxes double, with taxes we're on average making a third of them. And that's same cost of living.
replies(1): >>37282174 #
123. peoplefromibiza ◴[] No.37271380{3}[source]
> Usual is 25(state normal)

plus another ~10-15 days of National holidays

124. quonn ◴[] No.37271387{5}[source]
If you are a parent you need to save this money and pay it. Some students sue their parents for that every year in Germany (most know they have an obligation). Google it. For the family this is a real cost.
125. bradleyjg ◴[] No.37271392{5}[source]
That’s the entire reason for such policies. If it was coupled with coupled with truly top of market expectations (ie six weeks, including an annual 3 week vacation) I think it would be a fair trade off. But it often is not.
126. stop50 ◴[] No.37271393{5}[source]
The only case i encountered a rule like this was at a bank that is a customer of my employer. full-time employees must take 2 weeks of consecutive vacation and they are not permitted to access the systems in that time(for this period logins are disabled). But thats an company policy, that was introduced after an scandal.
127. nevon ◴[] No.37271394{6}[source]
Then what exactly is your point? That people require money to live? My parents spent exactly $0 on my education, as every student gets a grant of around €3000/m, and you can get a low interest student loan for the rest.
replies(1): >>37271512 #
128. cantremember26 ◴[] No.37271399[source]
click the hyperlink in that very quoted sentence and you'll get your answer (no the figure doesn't include sick days)..
129. quonn ◴[] No.37271402{5}[source]
Some sources:

35.000-45.000 for the Bachelor alone.

https://www.verbraucherzentrale.de/wissen/geld-versicherunge... (Verbraucherzentrale, semi-public consumer protection agency)

10.000 per year:

https://m.faz.net/aktuell/finanzen/meine-finanzen/frag-den-m... (one of the top quality newspapers in Germany)

36.000 und 75.000 per child:

https://www.sparkasse.de/pk/ratgeber/bildung/studium/studien... (Sparkasse, pretty much the largest credit union)

Up to 133.000 (1851 per month):

https://www.studis-online.de/studienkosten/

But sure, believe what you want.

replies(1): >>37276100 #
130. FirmwareBurner ◴[] No.37271406[source]
That's a very good wage for mid level dev. Which City?
replies(1): >>37271451 #
131. morbia ◴[] No.37271410{4}[source]
Exactly, I got into quite a heated discussion with a company that offered me a job with "unlimited PTO". They wanted me to sign in the contract with a clause along the lines of "you have unlimited PTO within reason". The whole point of contracts is that you have to explicitly define what is deemed "reasonable". I insisted they put a number to it and they refused.

Needless to say, I didn't accept the job in the end.

replies(1): >>37273323 #
132. memefrog ◴[] No.37271414{3}[source]
You can't tax your way to wealth. Taxing the rich more won't make the quality of life of the average person better. The rich already pay the OVERWHELMING majority of tax.
replies(1): >>37271915 #
133. stop50 ◴[] No.37271415[source]
Consecutive sick days. If you got in the icu because of corona for 5 weeks and the month after that because you got into a car crash for 4 weeks the employer has to pay for all the 9 weeks.
replies(1): >>37271458 #
134. hadrien01 ◴[] No.37271416{3}[source]
Sort of the same in France, or at least the employer is largely pushed to do so. If you don't take 12 consecutive days of vacations between May and October (among other conditions), you get 2 extra days of vacations, for free. It's called 'jours de fractionnement'
135. stop50 ◴[] No.37271426[source]
Some german companies may do this, but at most i saw comapnies to give prio to parents and if there is still free capacity its given to the others.
136. jtakkala ◴[] No.37271432{4}[source]
On top of that, there are roles in FAANG companies and Silicon Valley that give ~5 weeks PTO. For example, Facebook historically has had a fairly good PTO policy in the US, and for the past several years gives at least 23 days (plus there's the whole extra month off every 5 years). I heard that as a result of that, Google had to increase their PTO in recent years.
replies(1): >>37271567 #
137. maccard ◴[] No.37271433{6}[source]
Your comparison is completely wrong. Not getting into specifics of rental prices, or student eating/socialising habits,

> Tuition at that time was 500 per semester for me

This is the number people talk about when they're talking about tuition costs for Americans. Everyone needs shelter and to eat, whether they're a student or an engineer at a FAANG.

It's $5-10k fo r community college depending on in or out of state. It's $10-$20k per year for a university for most, and if you look at a "top" university, it's significantly more.

University of Boulder which is a top-50-USA-university is just shy of $40k per year for tuition. Stanford is $55k, and UPenn (Which was the most expensive I could find) is $61k per year.

replies(1): >>37271468 #
138. unmole ◴[] No.37271434{3}[source]
Higher pay gives you options like being able to take unpaid time off and still coming out ahead. That's more appealing than nebulous benefits.

Contract work is a fundamentally different proposition and equating it to employment is foolish.

replies(1): >>37271652 #
139. pjmlp ◴[] No.37271447{4}[source]
Most countries have it free from the state, even if it has several issues, way better than the US situation, where even the Red Cross had to set up camp on the poorer states.
140. xetifafa ◴[] No.37271451{3}[source]
Don't want to give too many details but it's in NRW close to Cologne.
replies(1): >>37271774 #
141. EoinB ◴[] No.37271452[source]
I was born and educated in Scotland, worked in the UK for a decade or so, then moved to the US and worked for big tech for 15 years while living in the US and becoming a US citizen. I then chose to move back to Scotland, where I continue to work for the same US big tech company but get paid UK wages with UK employment benefits. So, I've lived significant portions of my life on both sides.

Here in the UK, I get 29 days paid vacation plus ten or so (not sure) public holidays. If I am sick on vacation, I can claim those days as sick days and regain the vacation time. Edit: plus, my contract is for 35 hours per week whereas in the US it was 40.

Regarding money, I am doing the same job that I was doing in the US (same team etc.) but took, what was at the time, a 25% reduction in gross salary. However, by the time you add in the higher taxes, my take home pay (from my salary - my stock awards are the same) is about 40% lower than it was in the US.

Now, I am nearing 50, my corporate career progression is plateauing/settled (by choice, btw) and I have a teenage daughter. A big reason for coming back to Scotland was so she could be educated here and experience European life and culture during her formative years. The other big reason was to have a better work-life balance. I have so much non-work time here, I can actually pursue non-work interests; whereas my US work colleagues seem to always be Slacking and "checking in" while they are on vacation; never seeming to have an identity beyond their job.

I have also lost 13kg (29lb) in weight.

For us techies, the US is the place to get rich, but, in my experience, there are significant lifestyle compromises that you must make in order to do so.

Edit: I was curious about the numbers, so I did a little arithmetic to work out the hourly wage I earned in the US and the hourly wage I earn here in the UK, taking into consideration the vacation days.

My UK gross per hour wage is between 11% and 15% lower than my US salary, depending on the (volatile) exchange rate. Of course, UK tax is much higher (my marginal rate is 49%). So, the difference in take-home pay is more than that.

replies(2): >>37272128 #>>37273316 #
142. lqet ◴[] No.37271456{6}[source]
> And by law your parents have to pay. You are not required to even work.

That may be true in theory. In practice, many parents are in an income range which makes the child not eligible for educational support (Bafög), but which also does not allow supporting the child with 1000 EUR/month. The thought of telling my parents "you are required by law to send me more money, do it!" never occurred to me. They had a house to pay off. Both my mother and father worked more hours per week then I did for university (around 4-5 hours per day, at most, and only during the semester - I did nothing for university for around 4 months during the semester vacations). When my father was the same age as I when I started university, he had already worked for 7 years and paid rent and food money to his parents. So I think paying at least the rent, tuition, and food myself was the least I could do.

replies(1): >>37271488 #
143. xetifafa ◴[] No.37271458{3}[source]
Yes, but my employer can fire me (in some cases) if I am sick for more than 30 days in a year.

https://www.wirtschaftsforum.de/tipps/welche-anzahl-an-krank...

replies(1): >>37272428 #
144. unmole ◴[] No.37271461{4}[source]
Tech salaries in Europe are a joke. The median IT salary in Germany is less than what I'm paid in India. That's in absolute dollar terms. Factor in the difference in cost of living and the disparity becomes comical.
replies(1): >>37272092 #
145. quonn ◴[] No.37271468{7}[source]
The comment I replied to did not mention tuition costs. The claim was that incomes can be low because there is not cost for letting students study. And the costs are absolutely there.

The fact that some of the best US universities have outrageous tuition is neither new nor surprising nor does it invalidate my claim. I drew no comparison to the US, you are drawing that comparison.

replies(1): >>37274862 #
146. Moldoteck ◴[] No.37271469[source]
Regardless of what you think, in the best path is being an eu citizen, work in us(some high paying job like IT) for 5-10 years, return in eu with huge cash, buy a home, work some more chill years for minimal pension and happily retire. Eu is nice to retire if you are eu citizen and have enough cash(by either working some years in us or remotely for us conpanies but a bit less pay)
replies(3): >>37271536 #>>37271656 #>>37276060 #
147. orwin ◴[] No.37271471{4}[source]
We not only have a better life expectancy (6years for men?), we also have a better 'good health' expectancy.

Economic growth is stagnant because energy production and energy import are stagnant. This has little to do with policy. It's 2011 all over again, when we heard all sort of 'southern Europeans are lazy/corrupt' and other shit. I even bought it like a good child. No. Southern Europeans economies used to depend a lot on north sea and Sahara oil and gas, and the reserves (and production) started declining in 2008 and 2010 respectively. Only oil producers, Russian clients and 'nuclear-based' economies managed to avoid crisis.

What is funny now that everybody speak about how Germany economy is in crisis. Well yeah. Same causes, same consequences.

I really don't see how it seems no one gets it. I understand politics wanting to grandstand and explain how growth is caused their policies, but I mean, the data is available. And we have panda. Look at oil import data from Italy then look at growth, from 2010 to 2012,its obvious one of the two is driving the other. Check the other 'PIGS', it's the same.

replies(1): >>37272760 #
148. Moldoteck ◴[] No.37271480{6}[source]
The question is would you keep the job and as consequence the insurance if you get seriously ill?
replies(1): >>37271619 #
149. BlargMcLarg ◴[] No.37271481{3}[source]
>If you burn out your employees

Burn out in Europe is still omnipresent and rising these days. This includes Germany, the 'chosen child' every proponent points at in these discussions. A few weeks off barely makes a dent in this and vacation days / time off hasn't been that noticeably different since the 70s/80s.

>Japan

That's just a law that pushes them to use it and keeps companies from going 'ah yeah difficult'. It's barely anything when work culture chains employees down to the whims of employers, or risking to be seen as dysfunctional for trying to get out of that 'I belong to my company' trap.

Surprise, that's the same culture that exists in most EU-countries. Just less hardcore.

replies(1): >>37271708 #
150. winternewt ◴[] No.37271483{3}[source]
Agreed. The first week you're winding down, the last week you're winding up. So with three weeks you get one week of quality restorative vacation.
151. quonn ◴[] No.37271488{7}[source]
Well. I‘m just telling you what is required by law. In some sense the fact that you feel like they could not easily pay the costs just supports what I was saying. Namely that it is a cost not be neglected by saying „oh it‘s free here“.
152. Mordisquitos ◴[] No.37271490{4}[source]
What are your personal challenges in dealing with low GDP growth? I myself have found no need to deal with low GDP growth when it is happening.

Now what I wouldn't like to deal with is with lack of paid holidays, having to deal with masses of insurance paperwork and co-payments in case I need healthcare assistance, or deal with running out of sick days over the course of a year if I'm unlucky.

I suppose with enough wealth I wouldn't need to worry about the problems above, but I believe very few Americans have succeeded in that regard under their system. So, I prefer to stick to the generally European approach of protecting the basic rights and wellbeing of all our citizens, and will strike to defend it if necessary.

153. unmole ◴[] No.37271493{4}[source]
What's the VAT rate in Louisiana? /s
154. Moldoteck ◴[] No.37271495{5}[source]
In California you can get a somehow walkable city, live there for 5-10 years and save enough to retire in eu with own home and pension. How many years an eu citizen (me) should work in avg dev salary to buy a home/3 bdroom apt?
155. rpadovani ◴[] No.37271497{6}[source]
Ah, but then your first comment is highly misleading, because when you talk number, readers assume cost per year.

You are basically saying that living in Europe in a university city cost anything between 6000 and 20000 euros each year.

Maybe a bit high, but I think I can agree.

But living is a cost all around the world, and universities in Europe add a very low overhead on top of it, while universities in US can easily triple your cost of living, so I still don't see your point

replies(1): >>37271533 #
156. lordnacho ◴[] No.37271500{3}[source]
This is what I don't get about the US system. You can get paid a lot of money, but it is unthinkable for someone with a good job in America to not send their kids to college, which costs a heck of a lot of money. 2.5 kids is going to cost many years of earnings to put through college, and you don't even know what amount that is since the price is flying away.

In Norway you can have 10 kids and all they have to do is be diligent about doing their homework, and they will get into university.

replies(1): >>37274039 #
157. quonn ◴[] No.37271504{5}[source]
Good for you. I paid around 70 per month and it only covered the subway network between my apartment and the university. Or whole network for 85. That‘s not exactly cheap.
replies(1): >>37271662 #
158. pydry ◴[] No.37271509{4}[source]
I think this is what John Steinbeck meant by a working class that sees itself as temporarily embarrassed millionaires.
159. quonn ◴[] No.37271512{7}[source]
Which country? I should have clarified that I‘m talking about Germany which is certainly part of Europe. And for sure nobody here gets 3000 per month.

In Germany students receive no grant (other than the regular Kindergeld for children) unless their parents together earn less than 40k before taxes.

replies(1): >>37271558 #
160. armitron ◴[] No.37271522{3}[source]
I've lived in both USA and Germany. For highly skilled tech labor, US is so much better that there's no point comparing. Still, let me attempt to:

- Salary caps in the USA are orders of magnitude higher than in EU. You can easily find senior engineers that make 400K a year in total compensation and principals/staff engineers 700K+. These numbers are unheard of in EU.

- Income tax rates range from lower (even in high-tax states like California) to vastly lower (Texas, Washington state). Even if you find that unheard of European job paying 400K euro a year, you'll be donating 50% of that income to the tax man. In the US, you could be looking at 25% for the same income.

- Employer-funded health insurance is generally good across the board and can be absolutely top notch.

- Private pension schemes like 401K are partly funded by employers with generous rates and are 100% owned by you. There can be no "means testing" or "reduction of benefits" by the state in the future.

- In addition to private pension schemes partly funded by employers, there's social security which can be seen as a public pension that's funded by federal taxes. Current social security payouts given typical tech salaries exceed every European public pension scheme I'm aware of. Even if social security completely disappears in the coming decades, a good engineer in the US will be a multi-millionaire by retirement time.

- Early retirement in one's 40s or early 50s should be an option for a significant percentage of USA software engineers. This is unheard of in EU where one's expected to work until one reaches retirement age.

So there's really nothing that a well-off EU country can compete in vs USA, benefits-wise.

161. quonn ◴[] No.37271533{7}[source]
Really? I never thought that could possibly be interpreted as cost per year. I can clarify that.

My point is that the statement that salaries can be low because university has no cost is wrong. The cost is significant even without tuition and therefore salaries absolutely matter.

And without even a shred of doubt, a US tech salary of supposedly around 150k compared to perhaps 80k in Germany more than balances the extra costs for university over a time of 20 years that the kids grow up.

replies(1): >>37273436 #
162. mmmmmbop ◴[] No.37271536[source]
Agreed. It's a good strategy to benefit from the "free" education for both you and your kids.
163. veave ◴[] No.37271537[source]
>The European laws are not some random thing we made up because we are lazy. It is to ensure workers are well rested and ready for a new working year.

If that was true Europe would have the highest productivity of the world, but it doesn't.

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164. prepend ◴[] No.37271539{3}[source]
For unlimited PTO, I always like to ask “what are the median number of days taken?”

If they don’t know, that’s a red flag. Id expect it to be about 20-25 if it also includes sick leave. 30-40 means people really take the policy seriously.

165. flohofwoe ◴[] No.37271541[source]
Important to note though that the minimum in Germany is "only" 20 days annually for 5 working day weeks.
166. basisword ◴[] No.37271543{6}[source]
That’s great until you get laid off. The added stress of job hunting while also hoping nothing happens to your health until you’re fully employed again can’t be easy.
167. veave ◴[] No.37271549{4}[source]
I only count 6. Switzerland and the UK are not part of the EU. (The article is about the EU, not Europe)
replies(2): >>37271762 #>>37276715 #
168. tpetry ◴[] No.37271553[source]
Everyone starts to compare quality of live and salaries in America vs. Europe.

But you are missing the biggest point! Not everyone is working in IT. And a ton of people do not make $200k+/year.

We're in a group that is very well paid. But most are not. And for them European vacation policies or a social system that doesn't ruin you when you are ill are a big difference.

Everone working it IT is speaking from within an ivory tower.

replies(1): >>37271582 #
169. olddustytrail ◴[] No.37271555{5}[source]
That would be England and Wales. The countries of the UK have different education systems.
170. nevon ◴[] No.37271558{8}[source]
Sorry, that was a typo. I meant to write €300/m. Just looked up the numbers, and the exact amount is €360/m as a subsidy, and up to another €700/m in a low-interest loan (0.59%). This is in Sweden.
171. maccard ◴[] No.37271564{4}[source]
While all the sentences you wrote are technically correct, your point is wrong.

> you'll be working right up until our government mandated retirement age

As will an american, unless they're going to go without healthcare? Unless you're doing some _wild_ saving, paying for health insurance as you age is going to necessitate working. Health insurance for a couple (assuming you can get it and it covers anything that you might have wrong) is about the same cost as my mortage here in the UK.

It's also not a government mandated retirement age, it's the age that the government will provide financial support to you. It's feasible for someone on a median income in the UK (where I live) to retire before they hit 66, as long as they prepare. Someone making a median income in the US is unlikely to be able to.

> which is increasing

Again, technically true but also misleading. It's not just steadily increasing, there's only so far it can go. The equivalent age in the US is already 70, fwiw.

> Our economic growth across the EU is stagnant

The horror. Personally, I'll take stagnant economic growth over statistics that get pumped by tech firms that are richer than entire countries in europe - Microsoft and Apple are individually worth more than Italy.

> These are not things to be celebrated.

US cost of living is skyrocketing (they're behind us at the moment, but their COL was already higher so the comparison is tough). Inequality levels in the US are still wildly higher than anywhere in europe (even the UK), the US has massive social problems that don't exist on the same scale here, etc.

These are not things to be celebrated either.

replies(2): >>37271640 #>>37271785 #
172. basisword ◴[] No.37271567{5}[source]
23 days isn’t good though. The fact that that’s being held up as a shining beacon says everything. 25 days + about 10 public holidays is the average here. I’m at a company that’s offering 30 days + 10 public holidays + 4 company wide days.i would much rather the days than a higher salary. At a certain point the extra disposable income isn’t worth it when you don’t have time to enjoy it.
replies(1): >>37273159 #
173. bjelkeman-again ◴[] No.37271569{4}[source]
In Sweden you get a student loan and a grant to pay for housing, food, transport etc from CSN. [1] The grant is about 1/3 of the total sum.

I studied at university and my parents paid nothing. Even as an adult student could I go back and get the grant part. In Sweden the state pays for you to study.

[1] https://www.csn.se/languages/english/student-grants-and-loan...

replies(1): >>37274926 #
174. jtwaleson ◴[] No.37271570{4}[source]
Afaik: you have a contract where you promise to work X hours per year. Some companies include clauses for unpaid leave but if not, they are not obliged to grant it.
175. flohofwoe ◴[] No.37271576{3}[source]
> and charge only for the days when I work

The point of vacation days is that they are fully paid by the employer. Unpaid time off usually isn't a problem (depends on the type of work of course), as long as the employer can plan around it (e.g. I currently work 4 days a week at 20% pay cut at a German company).

176. ohgodplsno ◴[] No.37271577{4}[source]
>Salaries are so much lower than our American counterparts

But then again, you don't blow half your salary in health care, don't risk having to claim for bankruptcy every time you get in an ambulance, you have access to the highest quality of education for basically free, and many others. You are also in an incredibly privileged job. In the real world, the US has a higher poverty rate than Germany does.

>you'll be working right up until our government mandated retirement age

So will most americans. And many of them will keep working past that age, because their pensions does not afford them basic living conditions. Just because you work in an extremely privileged sector where some of us can retire at 40 and do cocaine all day long doesn't mean the rest of the world can. Have some empathy.

>Our economic growth across the EU is stagnant.

growth growth growth must growth growth good growth necessary. This is the behaviour of cancer, not of an organised society.

>These are not things to be celebrated.

If you are unable to see anywhere past 5 meters in front of you and half an hour in time, indeed. For anyone with an inkling of reason an empathy, Germany is, objectively, a better place to live in in average than the US. And this is coming from a neighbour that can find plenty of reasons to shit on Germany.

replies(1): >>37273845 #
177. maccard ◴[] No.37271580{3}[source]
Productivity, the thing that is so reliably easy to measure.
178. panda888888 ◴[] No.37271581[source]
The even crazier part is maternity leave, or the lack of it.

The US government requires that women who have been at their job for more than one year get 12 weeks of unpaid time off. But many people can't afford to not be paid, so they don't take the full amount.

Women who have been at their job for less than one year legally get 0 days off.

Less than 25% of US women have any type of paid maternity leave.

replies(1): >>37272773 #
179. maccard ◴[] No.37271582[source]
I'd rather make £75k in most parts of the UK than $200k in most parts of the US.
180. ohgodplsno ◴[] No.37271590{4}[source]
> public strikes (see France)

You mean the ones that are getting ignored and violently repressed with police behavior that Iran considers overly violent ? Don't worry, we're getting to the American approach of a job market: work, or die.

> little ability to build wealth.

France is the third country in the world with the most millionaires.

181. arepublicadoceu ◴[] No.37271593{3}[source]
> If that was true Europe would have the highest productivity of the world, but it doesn't.

Maybe productivity should not be the metric we should strive for?

I lived/worked in the US and Europe and my quality of life and overall happiness was way higher in Europe even if my salary was higher in the US.

182. maccard ◴[] No.37271598{4}[source]
I get 25, plus 8 bank holidays, plus an office closure for 10 days (which is technically 7 because there's 3 bank holidays during that time period) during the holiday period, and we closed for a week during Summer this year too.
183. ChatGTP ◴[] No.37271600[source]
Of course you're probably on a great salary but imagine a single mother who would like to have time to spend with her children, I bet she'd like 4 weeks off a year to spend with them and have some time for herself to recover?
184. jtwaleson ◴[] No.37271608{3}[source]
I switched to freelance earlier this year and now make 6x compared to before. Granted, I was underpaid for the market because I was CTO in a small startup.

Contract work is for when you can take the risks. You also need to have a good network and be able to sell yourself so you have a steady stream of work. Finding new work takes considerable time which you should factor in.

I personally love the freedom right now, but I’m using this as an in-between period until I discover what I really want to focus on.

185. flohofwoe ◴[] No.37271617{4}[source]
Even in my poor East German home village I know plenty of people with entirely normal jobs who retired early (mid-50's to 60). But TBH what's the point of early retirement if you are still physically and mentally fit, like your job and enjoy working with people you have known for decades?
186. thiht ◴[] No.37271618{3}[source]
> If that was true Europe would have the highest productivity of the world, but it doesn't.

Depends on how you measure productivity. Per hours worked, the top 10 most productive countries is almost only European. Per capita the results are different.

187. jakewins ◴[] No.37271619{7}[source]
The disability insurance that was included with my US job was significantly better than the one I have now.

If I was let go I would retain health coverage through COBRA.

Let’s be clear: The US health system is a shit show, it’s just not - mostly - one that impacts high salaried employees (if it did it would have changed long ago..)

188. ohgodplsno ◴[] No.37271622{5}[source]
> And degrees are only 3 years in France.

Uh, no, France follows the European-wide bachelor's master's doctorate system when it comes to granting european credits. Which means that, yes, you can follow the normal cycle of 3 years (license/bachelor's), 5 years (masters), 7 years (doctorage), and these will basically count if you're looking to study abroad.

Some of my coworkers have 2 years of studies (IUT/BTS). Some have 4 (M1). Some of the PhDs in my company have 9 years, other 11, others are both working and researching at the same time. There's no mandatory 3 years.

replies(1): >>37278082 #
189. lordnacho ◴[] No.37271629{4}[source]
It seems like Europe is optimized lower-percentile outcomes, whereas the US is optimized for things going smoothly.

In the US if things go as planned, you have a house, two cars, health insurance, and you can pay for college for your kids. If they don't go well you can be in real trouble depending on what exactly went wrong.

In Europe if they don't go as planned, you still have access to housing and healthcare, and your kids can still get a degree. If things go as planned, you are paying for the people who weren't so lucky.

190. armitron ◴[] No.37271640{5}[source]
> As will an american, unless they're going to go without healthcare? Unless you're doing some _wild_ saving, paying for health insurance as you age is going to necessitate working.

In the US, most highly-skilled senior engineers will be multi-millionaires in their 40s which means that they can immediately retire and pay out of pocket for private health insurance covering the entire family without even making a dent on their principal. Even if that wasn't an option, one can get health insurance via one's spouse or work a few hours part-time for an employer that provides it.

I retired in my 40s and spent the last 10 years living in both the US and multiple European countries (with a lot of time spent in Germany as I have family there). While I've so far enjoyed living in Europe, the worsening downward slope in quality of life is more obvious here than in the US. Unrestrained immigration is a big problem that's going to get a lot worse in the next decades and is already rapidly eroding the much praised European social safety nets.

Ultimately, US offers optionality which means that one isn't chained like a slave to a grossly inefficient disintegrating socialist state for the rest of one's life.

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191. dfawcus ◴[] No.37271641{5}[source]
European citizen, or EU citizen?
replies(1): >>37275081 #
192. flohofwoe ◴[] No.37271642{4}[source]
> I wouldn’t want to deal with low GDP growth, public strikes (see France) and little ability to build wealth.

Have you ever been personally affected by something as abstract as "low GDP growth"? Or public strikes except maybe a bit of inconvenience? And what do you need "wealth" for except to reduce financial risks that are much lower in a civilized country to begin with?

replies(1): >>37273246 #
193. maccard ◴[] No.37271652{4}[source]
> That's more appealing than nebulous benefits.

Benefits aren't nebulous, they're concrete things. My employer offers a pension(401k) contribution, health insurance (which is a queue skip really here), income protection for long term sickness or death in service, and a "perks card" which is 95% crap but gives me a 25% discount on the largest gym chain in my area. That's just monetary.

On the "non-monetary" side, I'm guaranteed 33 days _paid_ time off (and promised 40 this year), have an option to take a month _unpaid_ with notice, I have employment rights and can't just find myself without a job with no notice or dismissed for no reason. There's also the "overhead"/admin work of managing a business and handling the tax affairs. Sure it's straightforward, until HMRC decide it's audit time.

> Contract work is a fundamentally different proposition and equating it to employment is foolish.

That, I agree with.

194. ChatGTP ◴[] No.37271656[source]
Do you pay tax in Europe while in the US, or just do the parasitical thing?
replies(1): >>37272320 #
195. rpadovani ◴[] No.37271662{6}[source]
Beginning 2013, there is the semester tickets for students, which is twenty euros per month.

Before that, 70 euros? Where were you living, Freising?

Two external rings were around 50 euros at the time, and many students rent inside the (old) 4 inner rings, or the first external one if you study in Garching

replies(1): >>37275420 #
196. maccard ◴[] No.37271663[source]
Some number of them may already have an equivalent amount of PTO.
replies(1): >>37271815 #
197. flohofwoe ◴[] No.37271667{6}[source]
> Most capable senior engineers...

What about the less capable though? Do we just forget they exist?

replies(1): >>37271799 #
198. ChatGTP ◴[] No.37271671{4}[source]
You do know that the majority of Americans aren't software engineers on ridiculous packages right?

Real actual engineers who build roads and power grids make way less money and have way less benefits while IMO doing much more important work than 90% of software engineers even understand.

Please take into account the real world before commenting on how good things are for everyone?

replies(1): >>37272300 #
199. flohofwoe ◴[] No.37271687{6}[source]
> Here is a realistic estimate for Munich

Munich is the most expensive Germany city, just saying...

200. jdthedisciple ◴[] No.37271688[source]
Most likely the average dev in the US with your level of skill still makes 2-4x more than you without 2-4x the expenses.

Germany may be good to live and get by but not great to actually grow, financially. The whole system is still designed so that you depend on your 800€ gov check in your senior years.

Unless your parents already built some wealth it is barely possible to do so in your own lifetime in Germany.

replies(1): >>37271993 #
201. maccard ◴[] No.37271690{6}[source]
> One has optionality and isn't chained like a slave to a grossly inefficient socialist state for the rest of one's life.

I don't think this conversation is worth continuing if you consider the US a bastion of freedom and the entirety of europe being entrapped to socialism.

202. peoplefromibiza ◴[] No.37271708{4}[source]
> Burn out in Europe is still omnipresent and rising these days

From what I know, I work for a very large insurance company, it's mostly healthcare department due to consequences of COVID. Which shouldn't have happened, but it id.

> This include Germany, the 'chosen child' every proponent points at in these discussions

I'm not German and I do not particularly trust Germany, in fact I think it's one of the worst Western European country to live and work.

> A few weeks off barely makes a dent

But it makes a difference, that's the point.

I was simply pointing out that paid vacation it's a tool that's very useful for companies too, as for the 70s and th 80s, I was there, it was much worse than today.

My parents worked for the national healthcare in my Country, in 12 hours shift, 5 consecutive nights. Now it's 8 hour shifts for a maximum of two consecutive nights and then you get mandatory 36 hours off and morning shifts for a week.

Try working 6 days a week for a month and then 5 days a week for a month and see how much those "only few days" make a dent in your well being.

> Surprise, that's the same culture that exists in most EU-countries. Just less hardcore.

I work 220 days/year and I'm off 145 days, it's pretty standard here if you have a standard contract, so no freelance, no contractor, no off the books, etc. (230 work days might be closer to the average, I got +10 days of holidays for thermal treatment, to cure my chronic sinusitis, yes, we have that too and the State also pays for the treatments)

Which is not exactly a "few weeks".

Could be better, but could be US style or Japan style.

p.s. the law in japan just forces employers out of work at least for a few days to counter their extreme workaholic culture, which is nothing like what we have here in Europe.

From Wikipedia (https://en.wikipedia.org/wiki/List_of_minimum_annual_leave_b...)

Minimum mandatory paid vacation days, normalized for a five-day workweek:

Japan: 6–10 days

My Country: 23–28 days

replies(1): >>37272205 #
203. jdthedisciple ◴[] No.37271711[source]
I'll take 5x the salary over a measly 20 extra vacation days any day, thanks. 70k a year for a highly skilled software dev is an absolute joke.

At least that allows me to generate wealth and retire 20-30 years sooner compared to your average German.

replies(1): >>37271770 #
204. h0l0cube ◴[] No.37271723{6}[source]
> In the US, most highly-skilled senior engineers will be multi-millionaires in their 40s

I don't think workers' rights movements and government policies that promote said rights are really centered around uplifting highly-skilled senior engineers. Certainly if you have in-demand talent, migrate to whatever country pays the most for it. You have that luxury

205. throw0101b ◴[] No.37271732{3}[source]
> Also, I can't just get fired without cause. And if I do get laid off, I have 3 months of grace period, plus potentially years of unemployment money.

Which causes companies to be very slow in hiring people, because if business turns they have less flexibility. European countries have some of the highest (youth) unemployment rates in the OECD:

* https://data.oecd.org/unemp/youth-unemployment-rate.htm

* https://www.oecd.org/employment/unemployment-rates-oecd-upda...

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206. leksak ◴[] No.37271751{3}[source]
I've had three or four, it's honestly hard to count at this point, mental health crisises with associated sickleave of varying durations. Living in Europe that has been "fine". Judging by what I read I'd presumably be homeless and destitute in the USA.
207. apexalpha ◴[] No.37271755{3}[source]
You don't run out of sick days, if you're sick you're sick.

You just run out of paid sick days. The employer will just drop you.

replies(1): >>37273013 #
208. em-bee ◴[] No.37271761{5}[source]
in austria the tuition fee for foreigners was (or is if they haven't changed it) dependent on how much an austrian student would pay for tuition in that foreign country.
209. ◴[] No.37271762{5}[source]
210. apexalpha ◴[] No.37271770[source]
German retirement age is 66. So unless you are very young I guess you're retired now? How's that going?

Also congrats on the $350,000 salary as a dev at the age of 30. There's no one in Europe making that as dev, not even in the Netherlands or Switzerland, not even close!

replies(2): >>37271824 #>>37272265 #
211. mutex_man ◴[] No.37271773[source]
I get ~28 vacation days per year in the US, and I've only been with my company for 5 years. It's going to heavily depend on your industry and level of experience. Even outside of vacation I also have a pretty relaxed work/life balance. If I want to visit family for 2 weeks but not take a bunch of vacation my boss isn't going to care if I work half days remote the whole time.
replies(1): >>37271995 #
212. FirmwareBurner ◴[] No.37271774{4}[source]
Aren't rents there insane?
replies(1): >>37272029 #
213. lionkor ◴[] No.37271781{3}[source]
public holidays are not included iirc
214. emptysongglass ◴[] No.37271785{5}[source]
You don't need to do _wild_ savings to retire at an age where you can enjoy your health in the US, as a tech worker.

Cost of living is skyrocketing where in the US and to what degree higher than its EU equivalent? The EU has borne the brunt of inflation so I'm having a hard time seeing where EU citizens are paying less to live than Americans.

> The horror. Personally, I'll take stagnant economic growth over statistics that get pumped by tech firms that are richer than entire countries in europe - Microsoft and Apple are individually worth more than Italy.

Ok. Economic growth is not a vanity metric for pumped up tech firms to move the needle on. Economic growth has direct effects on comparative quality of life. Trying to make some other, vaguely conspiratorial, equivalence is ignorant at the least.

replies(2): >>37273196 #>>37283434 #
215. maccard ◴[] No.37271799{7}[source]
Or the capable engineers who can't/don't want to up and move to thousands of miles away from their lives.
216. vikaveri ◴[] No.37271806[source]
One company I worked for enforced vacations. If someone from work absolutely had to call you on your vacation day, ask a question or password, anything, you'd get a do-over for your day. No one ever called anyone on vacation without a damn good reason. Checking and answering emails on vacation was discouraged as well
replies(1): >>37275255 #
217. 0xDEF ◴[] No.37271812{4}[source]
You only pay 8.3% in tax in France? That sounds unrealistic.
replies(1): >>37363105 #
218. speedgoose ◴[] No.37271815{3}[source]
That would be very selfish.
219. speedgoose ◴[] No.37271819{3}[source]
Can’t they afford holidays? They are the world first economy with a descent margin.
220. jdthedisciple ◴[] No.37271824{3}[source]
Meh, $350k is good but comparatively not even too much in some areas of the US, like NY or SF.

> There's no one in Europe making that as dev, not even in the Netherlands or Switzerland, not even close!

Exactly! Which is ridiculous! And people always bring up "free healthcare!" as a counter but it doesn't really offset this vast discrepancy for someone with a generally healthy lifestyle. How are people in Europe wage-slaving like that all their life?

Edit: Lest it is misunderstood, this is not to demean the people. Rather, it is meant to critique the system. Free healthcare shouldn't mean having to give up indefinitely more in other regards. Furthermore, I'm sure European corporations too make millions and billions of €€ every year, so why can't they afford to pay competitively? Lastly taxes are obviously way too high and the pension rates are ridiculous for working 40-50 yrs. In short I'm critiquing the whole system.

Just imagine, you have the same skill, same daily struggles, same effort, same trouble waking up in the morning... but you make in a day what your mirror in another place makes in an hour.

replies(1): >>37271872 #
221. speedgoose ◴[] No.37271844{3}[source]
We are talking about a few weeks of holidays, it’s something they can afford. Europeans can. The people that already have better and don’t want the same for everyone are selfish and not thinking much about what could happen to them in the future.
222. apexalpha ◴[] No.37271872{4}[source]
It's not that bad. I make roughly €80k in the Netherlands as a medior ethical hacker.

I pay 33% in taxes on that income. But that 33% includes healthcare, retirement, school, university, etc... I'm currently enjoying 20 weeks paid time off this year to spend with my newborn. Also I only work 4 days a week, on top of the 5 weeks holiday every year.

I'm sure some devs in the US could also set this up for themselves and still come out on top, but in the Netherlands everyone gets this (not the 80k, but the society benefits). Which is worth something, too.

What is there to do except 'wage-slave' like this? We're just born here and make the best of it. :)

Plus you have to take into account that the difference is much smaller when accounting for PPP. Still you won't hear me complain to get all this AND a US salary, perhaps something remote in the future.

replies(1): >>37272051 #
223. speedgoose ◴[] No.37271882{3}[source]
I’m concerned about the life priorities of such people.
replies(1): >>37274159 #
224. lionkor ◴[] No.37271886{4}[source]
In germany you can be a cashier and be healthy, have a good work life balance, etc. its not all about software devs
225. speedgoose ◴[] No.37271890{3}[source]
Thanks, now I’m concerned about the Swiss population too. They are already collecting wealth so much in their OP position on the map and they are too cheap to take more holidays?
226. lionkor ◴[] No.37271904{4}[source]
The specialist waiting times are a pain, yeah, but its free. If I break my leg in an accident, need to go to hospital by ambulance or heli, get my leg fixed, followed by rehabilitation, thats also free, except for having to pay a maximum of 5€ on meds you are prescribed when you buy them.

Strong social system just means that whatever happens to you, you can live in a home and eat food, as long as you try to get government benefits of some kind. Or for example, as a student, your costs of living are covered by Bafög, which is a kind of loan you pack back 50% of.

227. kramerger ◴[] No.37271907{3}[source]
That's a fair point.

But as a worker, do I care where companies have their headquarters? All major tech companies have offices in Europe anyway

228. speedgoose ◴[] No.37271915{4}[source]
The rich wouldn’t be rich without poorer people. Also I’m a bit dubious about your statement, it goes against what I can quickly search for but I would gladly be proven wrong.
replies(1): >>37277337 #
229. janosdebugs ◴[] No.37271934{4}[source]
In Austria AFAIK one can get fired without cause, but if I'm reading this correctly, there doesn't seem to be a massive difference in unemployment against the EU baseline. (Am I reading this right?)
replies(1): >>37272398 #
230. janosdebugs ◴[] No.37271957{6}[source]
Dunno, I've met several senior engineers whom I would consider highly skilled and while they were well off, it didn't look like they are multi-millionaires. Also, given the trend of firing senior engineers and hiring only juniors lately, I wouldn't count on that trend continuing.
replies(1): >>37272181 #
231. ohgodplsno ◴[] No.37271991{6}[source]
>engineers

Alright, very small proportion of the population

>senior engineers

even smaller

>highly-skilled senior engineers

I cannot even begin to tell you how small of a proportion it is. By the way, you forgot a factor:

>highly-skilled senior engineers that happen to live in the right area (read: SF or NYC) and that are in the right domain

cool cool cool, so a few thousand people per generation can retire comfortably at 40. I'm sure the other 300 million of americans are happy to hear about that. Anything as long as you got yours, right ?

232. xetifafa ◴[] No.37271993{3}[source]
According to levels.fyi (if we assume its unbiased) a median dev income is around $82k in Germany vs $168k in the United States. Let's assume the mean is near that as I can't find any stats on median CoL. Also Let's compare two MCOL(?) hip cities: Portland OR and Leipzig.

$82k is $4.1k take home (with healthcare) as a single in Germany.

$168k is $8.8k take home as a single in Portland.

Let's say monthly expenses are $1.5k as a single in Leipzig. According to numbeo I would need $2.5k for the same standard in Portland.

So in Portland I can save $6.3k or 2.5x my expenses and in Leipzig I can save $2.6k or 1.6x my expenses.

Healthcare is included in the net pay for Leipzig, but not Portland. Employer 401k contributions and other benefits are also not considered.

Other things to consider are safety, unemployment, workers rights, tenant rights, quality of healthcare, cost of elderly care, government retirement plans, PTO, sick leave, maternity and paternity leave, cost of childcare, etc.

Really comes down to what's important to you IMO.

replies(3): >>37272071 #>>37272095 #>>37272583 #
233. larusso ◴[] No.37271995{3}[source]
Ok nice to hear that it is possible ;) See with the overall generalization one thinks in Europe we are constantly on holiday and in the US the people work 50-60 hours a week and have to count the days until the next vacation.
234. refurb ◴[] No.37272004{5}[source]
I’m very happy with 25 days plus another 13 bank holidays. That’s a total of almost 2 months off per year.

And in trade for not getting another 10 days I get 2-3x the compensation as the EU.

That’s a trade I’m happy with.

235. xetifafa ◴[] No.37272029{5}[source]
Not as bad as Berlin, Munich or Hamburg. I split around 1k€ (warm) for a newly remodeled/renovated 60m2 apartment in a very hip area close to the city center.
replies(1): >>37272135 #
236. jdthedisciple ◴[] No.37272051{5}[source]
I'm sure it's comfortable and works for most people.

To me there is just a difference between comfortable and great.

> What is there to do except 'wage-slave' like this? We're just born here and make the best of it. :)

To put it concisely: Becoming independent and doing what you truely want to do without having to worry about opportunity cost, monetary compensation, or societal repercussions for "wrongthink".

replies(1): >>37276089 #
237. seanmcdirmid ◴[] No.37272071{4}[source]
> Healthcare is included in the net pay for Leipzig, but not Portland.

What devs are getting hired for $162k/year without a decent group plan with only a fairly token employee contribution?

replies(1): >>37272473 #
238. pjmlp ◴[] No.37272092{5}[source]
Ah, that is why all TCS, Infosys and Wipro folks I work with, rather get a way to stay in Germany than go back home, what a set of fouls giving up on such salaries.
replies(1): >>37272133 #
239. jdthedisciple ◴[] No.37272095{4}[source]
So an extra ~4k take home.

Invest that on the side and you'll have built a fortune within a decade and a half, while your German friend has nothing significant in savings and is still living hand to mouth.

And we haven't even mentioned the differences in career steepness: After a few years it's not 80k vs 160k anymore, but more like 90-100k vs 200k+.

Also if you compare the best places in each country than you are looking at something like 100k vs 300-400k.

Again, I have been trying really hard to see if all the benefits you mention really offset this monetary discrepancy, but it's just too huge.

replies(1): >>37272870 #
240. glimshe ◴[] No.37272128[source]
I work in a major tech company and never check email outside work hours, which I cap at 40 hours a week. I never work weekends, never check work during weekends or vacations.

I make much more than my European peers, have a better car, better weather and bigger house. I have 25 days of paid vacation. While this is better than the US average, I don't know a single person in my friends group wanting to trade the US for Europe, including my Europe-born friends.

replies(2): >>37272696 #>>37279012 #
241. unmole ◴[] No.37272133{6}[source]
Right, because it's not like there are FAAG development centres or a home grown startup ecosystem in India. Oh, wait.

The fact that you work with WITCH companies says more about your situation than anything else, TBH.

replies(1): >>37272271 #
242. FirmwareBurner ◴[] No.37272135{6}[source]
So the total rent is 1k or 2k?
243. FirmwareBurner ◴[] No.37272157{3}[source]
In which country?
244. mmmmmbop ◴[] No.37272181{7}[source]
I've noticed the opposite trend. Right now, it's hard to find a position as a junior, whereas seniors are still in demand.
245. FirmwareBurner ◴[] No.37272205{5}[source]
>I work 220 days/year and I'm off 145 days, it's pretty standard here if you have a standard contract

Where is that, that you get 145 days of vacation?

replies(1): >>37272496 #
246. mmmmmbop ◴[] No.37272265{3}[source]
In Switzerland, top companies will pay $350k+ for senior engineers and above.
replies(1): >>37272280 #
247. pjmlp ◴[] No.37272271{7}[source]
Right, because it's not like there are FAAG development centres or a home grown startup ecosystem in Europe. Oh, wait.

The fact that you have expressed prejudice against people in WITCH companies says more about your situation than anything else, TBH.

replies(2): >>37273281 #>>37274508 #
248. jdthedisciple ◴[] No.37272280{4}[source]
Right, with simultaneously lower tax rates.

None of the alleged benefits in Germany offset or justify the discrepancies to similarly developed countries.

249. jakewins ◴[] No.37272300{5}[source]
Before you write these holier-than-though, I-know-the-plight-of-the-common-man comments: check your intuition, are the things they told us in school growing up in Northern Europe still true?

I used SE salaries because this is HN. What does a ”real world” worker actually make?

If you look up the national median salaries you will find the median US worker makes more than the median German household, or more than twice the individual German worker for the same job.

So the exact same math I just did applies on the national statistics as well. Maybe it’s worth thinking about why it feels so important that this isn’t true, that northern EU workers surely must be much better off than their suffering US counterparts. The truth is much more complex than that.

replies(1): >>37272640 #
250. mmmmmbop ◴[] No.37272320{3}[source]
How would you go about paying tax in Europe while in the US? The European countries I'm familiar with will not consider you a tax resident while living abroad, so they won't allow you to pay taxes.
replies(1): >>37281366 #
251. FirmwareBurner ◴[] No.37272398{5}[source]
That part is true, in Austria and afaik in Switzerland and Denmark too, you don't need a reason to fire someone.

You just give them their notice period whenever you feel like it and you're done with them, no need to PIP them or look for reasons to let them go.

252. stop50 ◴[] No.37272428{4}[source]
Not for beeing sick for 30 days in a year.
253. hdjjhhvvhga ◴[] No.37272449{4}[source]
> Which causes companies to be very slow in hiring people, because if business turns they have less flexibility.

This is not entirely true. They are more considerate in hiring which means layoffs, including mass layoffs, happen more rarely as they have consequences.

But they can fire people (and they do) when things go bad. This is one of most common reasons for firing people. What they cannot do is to fire me today and tomorrow hire someone else to exactly the same things that I was doing unless I was doing something wrong and they justify it.

replies(2): >>37274934 #>>37275949 #
254. xetifafa ◴[] No.37272473{5}[source]
I don't know enough about US health insurance to make a good comparison. In Germamy co-pays for doctor visits arent a thing and co-pays for meds are capped at 5-10 EUR.

Also if I go to the hospital and get a surgery or something I don't have a deductible or percentage I have to pay out of pocket.

My understanding of US insurance is that these are almost always a reality plus potentially a monthly premium.

replies(1): >>37272670 #
255. peoplefromibiza ◴[] No.37272496{6}[source]
I've said that I'm off 145 days, not that I have 145 days of paid vacation.

It includes weekends (52 of them), sick leave (paid), thermal treatments (paid), national holidays (paid, unless on a non-working day) and vacation (24 days, paid)

I also get 8 hours of paid permits per month, but I can take at max 4 consecutive hours per day. They are valid for a year, if I haven't used them after that, they get paid and the counter resets.

all of that in Italy.

256. TrueGeek ◴[] No.37272582[source]
A lot of these comments are saying they get sick days. I’m a senior dev in the US and only one company I’ve worked at in 24 years has given me sick days. One company justified the combined bucket of vacation / sick days by saying it’s more fair to employees that have chronic illness because they don’t have to tell anyone. One company only gave 10 days total (vacation and sick) until you had been there 5 years.

My current company gives me 20 days (combined vacation and sick) but we only get 6 paid holidays.

257. mmmmmbop ◴[] No.37272583{4}[source]
There are a few inaccuracies in your analysis. You're applying the levels.fyi median for Germany, which will skew heavily towards jobs in Berlin and Munich, towards Leipzig, a city in East Germany with way less high paying jobs. While levels.fyi doesn't provide a median for Leipzig, only 2 out of 25 entries there are (slightly) above $82k, so I greatly doubt that $82k is a reasonable number for an average engineer in Leipzig.

If we compare the median numbers for Portland and Munich, cities that actually have enough entries to have percentiles on levels.fyi, then the median compensations are $164k vs. $84k. That's $8.7k vs. $4.2k take home. Looking at Numbeo, the equivalent of $2.5k in Portland would be $2.1k in Munich, so that's $6.2k savings in Portland vs. $2.1k in Munich.

To me, that seems pretty significant.

There are two other aspects that can widen the gap. First, at the higher percentiles, the compensation in the US grows much higher than in Germany. Second, US engineers have the option of getting a significant increase in compensation by moving to the Bay Area, Seattle, or NYC, whereas in the EU you can't really go much higher than in Munich.

replies(1): >>37272853 #
258. ChatGTP ◴[] No.37272640{6}[source]
I wasn't talking about Northern Europeans, I was talking about the fact software engineers in America have some of the most cushy, out of touch with reality packages in the world...I was responding too:

So after correcting for vacation, US engineers make about twice German counterparts

"Both will include full health benefits etc."

What I'm saying is that for a lot of people In America this isn't the case and it's those people who would benefit from more time off, especially because there job consists of more than sitting on HN for 50% of the day...

259. anotherhue ◴[] No.37272645{4}[source]
In Ireland at least, there's a probationary period of up to six months where you can be fired at will.

https://www.citizensinformation.ie/en/employment/employment-...

260. mmmmmbop ◴[] No.37272670{6}[source]
Basically, good health plans like the ones you would get in a tech job will have either no or very low monthly premiums ($0-$50/month), and pretty low deductibles ($1k) and out-of-pocket maximums ($2k-$2.5k), meaning no matter what happens, you'll never pay more than $2.5k for your healthcare in a given year.
261. auselen ◴[] No.37272696{3}[source]
Then you have SOs, kids.. do they have the same standards, and is that guaranteed to stay?
replies(1): >>37273192 #
262. pleoxy ◴[] No.37272760{5}[source]
> Economic growth is stagnant because energy production and energy import are stagnant. This has little to do with policy.

I can't think of an area of the economy anywhere that is more policy based than energy.

replies(1): >>37276600 #
263. curiousWaste ◴[] No.37272773{3}[source]
Yet, birth rate in USA is significantly higher than in Finland for example
replies(1): >>37274201 #
264. xetifafa ◴[] No.37272853{5}[source]
Thanks for your feedback.

The goal was to compare MCOL cities. Maybe Leipzig wasn't the right one for that, but Munich is one of the most expensive cities in Germany.

Munich vs SF, Seattle or NY might be a fairer comparison.

Switzerland generally has higher pay than Munich.

Also how hard is it to get a $168k dev job in Portland vs $84k in Munich? I think $84k in Munich is significantly easier.

replies(1): >>37273182 #
265. xetifafa ◴[] No.37272870{5}[source]
Yep that's definitely true. Just comes down to what's important to you. You can fall hard and fast in the states but that's a lot less likely to happen in Germany.

The 4k extra take home is more significant if you move to a LCOL place once you have acquired your fortune, not if you stay in the States. I would argue things like FIRE or Lean-FIRE are only slightly easier to achieve in the US than in Germany because of the comparably HCOL.

266. Mordisquitos ◴[] No.37273013{4}[source]
Do you mean "drop you" as in stop paying for you while you're off sick? Or is it "drop you" as in simply show you (an emailed picture of) the door and terminate your employment?

Both sound bad to me, but I can to a certain extent understand the logic behind the first option in terms of the financial interests of the company. I can definitely see a "Sorry Ashley, you're out of paid sick days so we won't be paying your salary this month, we can't afford paying for nothing. I hope you recover and can come back to work with us soon!". The way we make up for this in Spain (and I'm assuming in varying similar ways in other countries) is by having the Social Security start taking charge of growing percentages of the employee's salary during sick leave as it prolongs in time, so as to reduce the impact on the business.

The second "drop you" sounds much worse though. You have an illness or an accident bad enough that it exhausts your paid sick days, so your employer simply sacks you out of impatience? And what happens to the employment-dependent health insurance which (I assume) was what was covering you on your long sick leave? "Sorry Ashley, you're out of paid sick days so we're firing you. I hope you recover enough from your severe TBE before your savings run out so you can find a new job. Also I hope you weren't depending too much on our health insurance plan for rehab. Good luck!".

replies(2): >>37273350 #>>37273394 #
267. jtakkala ◴[] No.37273159{6}[source]
I left out the company-wide holidays, which in 2022 amounted to 4, and the 10+ public holidays.
268. mmmmmbop ◴[] No.37273182{6}[source]
With the same calculation, it'd be $9.2k monthly savings in San Francisco vs. 2.1k savings in Munich.

I forgot about Switzerland. Arguably it's not EU, but it's still a place that EU citizens can easily go to.

Given that both Portland and Munich have 1000+ entries on levels.fyi and the given numbers are the calculated median, I'd say it's a fair assumption that getting the median comp in both locales would be equally hard.

269. glimshe ◴[] No.37273192{4}[source]
Nothing in life is guaranteed. I have contingencies in place to withstand life events, but there is no place on Earth where you can guarantee your future.
replies(1): >>37273357 #
270. danaris ◴[] No.37273196{6}[source]
Ah, yes; because the only people we should consider in these discussions are Silicon Valley tech workers, who consider making $150k a year to be "on the low side".

Do you ever give a thought to the vast majority of Americans who make less than you? Or even to the vast majority of tech workers who make less than you?

replies(2): >>37273944 #>>37275794 #
271. bitcharmer ◴[] No.37273200[source]
The number of delusional Americans with strong exceptional vibes on this thread is pretty frightening.
replies(1): >>37275319 #
272. bitcharmer ◴[] No.37273223{4}[source]
> Take your pick

I guess this is what it really boils down to. Here in Europe we don't have to establish college funds, go bankrupt because of a heart disease, become homeless due to being out of work or get our kids shot in a primary school. We prefer to take a less materialistic approach to life and priorities at the cost of not being so fixated on "wealth".

Americans are just built differently

273. shrimp_emoji ◴[] No.37273281{8}[source]
What are WITCH companies?
replies(1): >>37275206 #
274. bitcharmer ◴[] No.37273316[source]
Thanks for sharing your experience. I like how you put it. To me American culture is a bit too obsessed with wealth and their economy operates in a very dehumanised way. I'd never want my children to grow up with such "values" around them.
275. tasuki ◴[] No.37273323{5}[source]
Eh I also wouldn't take that job. But why, really? If you're used to 35 days of PTO, and you take the same 35 days off at your new job, who are they to claim that whatever you're used to is unreasonable?
276. shrimp_emoji ◴[] No.37273324{4}[source]
The median is $120k. https://money.usnews.com/careers/best-jobs/software-develope...

And that's selecting for a particularly senior role. Most people are what that site calls "computer programmers", whose median is $93k.

277. 93po ◴[] No.37273350{5}[source]
Yes, if you have an illness that takes you well beyond available paid sick days (usually around 5 to 10 days a year depending on employer), it is common that you will be fired and lose your job entirely. Some workplaces are more compassionate than others but not many

When this happens you lose your insurance too, usually at the end of the month. You can pay around $800-1200 a month to keep it though, more if there’s a spouse or kids

278. auselen ◴[] No.37273357{5}[source]
it helps with everything when there are lots of safety nets in society…
replies(1): >>37273735 #
279. logosmonkey ◴[] No.37273394{5}[source]
They will first stop paying your sick days and depending on what job you are in they may allow some additional time before they eventually fire you. If you are in a lower paying job it's likely you will be terminated earlier than someone in a higher paying white collar job.
280. laboratorymice ◴[] No.37273409{4}[source]
Do you have a source for either of the numbers? Not sure a credible source even exists for the figures we are looking for, but I would be surprised if they showed the difference to be that large nationwide. A quick search gives me significantly lower medians for the US (maybe you wanted mean?).

Even with reliable figures, you definitely cannot just "do the math yourself pretty fast". You are ignoring a whole bunch of things like cost of living differences, working hours, working environment, anything that comes on top of the "gross" like employer pension and insurance (not just health) contributions. For example, the average working hours in developed Europe is 10-20% lower than in the US[1].

Also, as others have mentioned, you can't really take one specific profession and extrapolate. The European labor market is definitely less free-market and by design slower to adapt to shifts. There is a cultural preference for more equitable pay even at the expense of the so-called meritocracy. Software developer salaries in the US have perhaps increased faster than other professions, and less so in Europe. Maybe that's unfair, but the inequality that results from allowing labor markets to move at market-speed causes its own problems.

[1] https://en.wikipedia.org/wiki/List_of_countries_by_average_a...

281. thfuran ◴[] No.37273436{8}[source]
>Really? I never thought that could possibly be interpreted as cost per year. I can clarify that

Well, 30k-100k is about right for the annual cost of undergrad in the US and school costs are much more commonly discussed as per year than in total around here.

>My point is that the statement that salaries can be low because university has no cost is wrong. The cost is significant even without tuition and therefore salaries absolutely matter.

That seems a bit misleading as well. Almost all of that cost is unrelated to university attendance. People incur costs for food and rent regardless of whether they're university students.

282. brational ◴[] No.37273724{5}[source]
Right but I (and I assume others) wouldn’t trade 100-200k usd per year for 5-10 more days.

Not to mention most in that environment have plenty of flexible work arrangements as well.

I also CAN take unpaid extra days and most years do, in essence doing that trade for a better price (~1k per day), but I recognize it’s not that common in the US.

283. Longhanks ◴[] No.37273735{6}[source]
That’s just offloading the responsibility to the public / to the government.
replies(3): >>37273790 #>>37277008 #>>37277232 #
284. auselen ◴[] No.37273790{7}[source]
Not everyone equally able.

It takes a village to raise a child.

I wonder how much of is about with what kind of ideologies you grow up with.

285. snapplebobapple ◴[] No.37273845{5}[source]
There's a couple things to address in your comment but I will only address the most egregious as it will take a couple paragraphs:

Comparing economic growth to cancer is extremely incorrect. Cancer grows unchecked causing pain and then death due to a failure of the body's regulatory system. Economic growth happens broadly because your population is growing and you are keeping up production per unit of labor and/or because you develop technology/business improvement that increases production per unit of labor. The latter causes abundance and better life for everyone (even when an outsized portion of the benefit is captured by the creator of the benefit) and the former keeps the standard of living possible for everyone and are very good things. If you want to talk cancer in economic terms that would be market power abuse, not growth. Market power abuse comes in the form of monopoly/oligopoly and the pricing power that situation allows and almost always slows growth (as the monopolist/oligopolist raises prices and decrease production to maximize profits).

In the context of a functioning regulatory system growth is extremely good. Right now governments fail at regulating by regulating both too much (try getting a new drug through the FDA for example) or too little (why hasn't microsoft, google, amazon, facebook, etc. all been broken up by antitrust regulation???). It is correct to lay blame on the regulator and incorrect to lay blame on growth.

286. theshrike79 ◴[] No.37273911{6}[source]
Include health insurance … for hospitals and doctors who are in network.

Do you have the wits to determine a all times what hospital you can go to and still get it covered by insurance? Even with a broken femur and a concussion?

287. seanp2k2 ◴[] No.37273944{7}[source]
Just for some additional context here, look at average housing prices for a single-family home, not even something nice, I mean like 1000sqft 2/2 in a neighborhood without a drive-by shooting once per week. Calculate the mortgage payment on that with the current 7-8% rate. Calculate how much you bring home net on $150k after taxes. Now you’re on your way to seeing why that’s basically “low income” (technically $104k/yr for a single person living alone): https://www.sfchronicle.com/bayarea/article/low-income-media...

Wait until you find out about Prop 13 and how that new 80 year old $1.5m house you bought costs 10x in taxes what everyone else on the block pays because they got there in the 70s and 80s.

288. acuozzo ◴[] No.37274039{4}[source]
We just saddle our children with private student loan debt.
289. db48x ◴[] No.37274159{4}[source]
You shouldn’t be. They’re different from you; get over it.
replies(2): >>37275765 #>>37275811 #
290. oliwarner ◴[] No.37274201{4}[source]
Quite high in Somalia too. I'd suggest there are more factors than paid maternity leave.
291. acuozzo ◴[] No.37274248[source]
It amazes me how few of these comments are about neighbors. I'm a Software Engineer as well, but most people are not.

The EU system helps ensure you're not surrounded by people made entirely miserable by their wage slavery. Who would want to be surrounded by miserable fucks?

I live in the US state with the highest median income: Maryland. I feel lucky to have pursued a career here because I didn't grow up here and I didn't know much about Maryland beforehand.

I now feel as though I couldn't live elsewhere within the US. I was surrounded by exhausted, overworked, miserable people growing up in NJ and I see so much less misery here even though I interact with people from many different socioeconomic backgrounds; up and down the ladder.

292. jimmydddd ◴[] No.37274311[source]
And in the US they have a new racket that's even worse. They provide "unlimited paid time off." However, it has to all be approved by your manager. So now, instead of saying "I still have three PTO days left for this year, so I guess I'll take them this week," you have to beg your manager, so in reality, people end up taking fewer days.
293. ◴[] No.37274463{6}[source]
294. danaris ◴[] No.37274862{8}[source]
> The comment I replied to did not mention tuition costs.

It absolutely did:

> Tuition was 500 EUR per semester, so around 80 EUR/month.

Possibly it was edited in after you wrote your comment, but it's there clear as day.

295. paulmd ◴[] No.37274926{5}[source]
And this is in fact a good thing because the state benefits from higher tax revenue as a result of a skilled workforce.

The American obsession with making children pay their own way for everything is counterproductive at a social level and frankly revealing (and sickening) in terms of what it says about us as a people. God forbid someone (a literal child!) “gets something for nothing”.

This is really the core problem with America: a significant chunk of the population is literally mean and cruel and antisocial, in the sense that they oppose the idea of helping others as a concept in itself. People will search for reasons to justify their inherent belief that it should not be done. In fact in many cases they will actively promote cruel and counterproductive policies because it makes them feel better!

And as a result there's really not a single social system in america that is not rotted to the core even if it exists. Social Security is an insane mess to be on. Programs like food stamps are thrown to the states who underfund them in the best of cases, and in many times actually sabotage or deliberately shrink them, even when it results in receiving less money for the programs. That's the goal!

296. flashgordon ◴[] No.37274934{5}[source]

  Talent in Australia etc is just as awesome and doesn't burn itself out while being productive.  Having sane and "fair" working conditions goes a long way.
I was having a conversation with a senior director about 5 years ago about why not opening an office in Sydney. Plus points being high levels of professionalism and reasonable TC (stock comp being unheard off at the time). His retort was well if stock is not there people won't be incentivized. For folks talking about meaning and impact I was shocked how he couldn't fathom the idea that may be people just wanna do an honest day's work for an honest day's pay! Oh well
297. Teever ◴[] No.37275081{6}[source]
I think European Citizen, it's been a while since I checked but they specifically mentioned Swiss citizens in the documents that I read.
298. sershe ◴[] No.37275157[source]
Hmm, housing in Europe is more expensive than in the US, especially per square meter. Not needing to drive a car is a preference and Americans clearly don't have the same one, it's not an economic advantage for most, and cars in US are cheaper to own. From my vacation experience groceries etc in Europe are much more expensive.

I mean they have disposable income measures that account for all that as well as welfare programs. In the end disposable incomes in the US make half of the first world look like third world:

https://data.oecd.org/hha/household-disposable-income.htm (click table, and pick gross including transfers)

You can also see % of that spent on housing, US is lower than most EU countries

299. pjmlp ◴[] No.37275206{9}[source]
https://aitechtrend.com/the-indian-witch-companies-redefinin...
replies(1): >>37276619 #
300. paulmd ◴[] No.37275224{3}[source]
efficient-market hypothesis is a joke, particularly right now of all times when profit margins are soaring for businesses.

it's the old "if we pay mcdonalds employees a living wage, the cost of your hamburger will double!" canard. no, it won't.

301. paulmd ◴[] No.37275255{3}[source]
this is actually required in some finance-centered fields in the US, because historically many frauds/ponzis/etc have fallen apart when their key players happened to be out-of-office or incommunicado for a few weeks, and a fresh set of eyes got to look at the books. "wait, that doesn't look right... hmmm..."

https://www.fdic.gov/regulations/safety/manual/section4-2.pd...

> Vacation Policies

> Banks should have a policy that requires all officers and employees to be absent from their duties for an uninterrupted period of not less than two consecutive weeks. Absence can be in the form of vacation, rotation of duties, or a combination of both activities. Such policies are highly effective in preventing embezzlements, which usually require a perpetrator’s ongoing presence to manipulate records, respond to inquiries, and otherwise prevent detection. The benefits of such policies are substantially, if not totally, eroded if the duties normally performed by an individual are not assumed by someone else.

> Where a bank’s policies do not conform to the two-week recommended absence, examiners should discuss the benefits of this control with senior management and the board of directors and encourage them to annually review and approve the bank’s actual policy and any exceptions. In cases where a two-week absent-from-duty policy is not in place, the institution should establish appropriate compensating controls that are strictly enforced. Any significant deficiencies in an institution's vacation policy or compensating controls should be discussed in the ROE and reflected in the Management component of the Uniform Financial Institutions Rating System (UFIRS). Note: Management should consider suspending or restricting an individual’s normal IT access rights during periods of prolonged absence, especially for employees with remote or high-level access rights. At a minimum, management should consider monitoring and reporting remote access during periods of prolonged absence.

302. dang ◴[] No.37275319[source]
You posted nationalistic flamebait several times in this thread. That's not ok, regardless of which country you have a problem with. Please don't post like this to HN again.

https://news.ycombinator.com/newsguidelines.html

replies(1): >>37275358 #
303. quonn ◴[] No.37275420{7}[source]
Munich. And TUM is at Garching. And I paid 70. I know what I paid. It was 70 every month, year after year.
replies(1): >>37276739 #
304. ◴[] No.37275765{5}[source]
305. Freedom2 ◴[] No.37275794{7}[source]
Is there any surprise in an American having such a narrow view where they only consider their own circumstances?
replies(1): >>37275988 #
306. speedgoose ◴[] No.37275811{5}[source]
Sometimes it can be beneficial to the society to understand why some people think the way they do. Everyone is different but not everyone is right. I’m often wrong on many things and people correct me. I’m concerned about their need to get a little bit more money if they don’t have time to profit from it. I guess they don’t know that life can be better with more free time. Or they don’t enjoy free time, but that doesn’t sound healthy.
replies(1): >>37280568 #
307. mmcnl ◴[] No.37275821{4}[source]
Exactly, ambiguous contractual agreements are always in favor of those with more power.
308. ballenf ◴[] No.37275949{5}[source]
I don't think you showed any part of the statement being untrue.

Kinda seems like you're just arguing that being very slow to hire has big advantages.

replies(1): >>37281349 #
309. GaryNumanVevo ◴[] No.37275976[source]
While you might be able to find a good company that offers a lot of vacation (relatively compared to other US firms), culture is ultimately the biggest roadblock for people actually taking the time they need. I've worked at many places that have "unlimited time off" but in reality people worked more on average because it can be difficult to negotiate that time off with your manager.
310. emptysongglass ◴[] No.37275988{8}[source]
I'm European.
311. GaryNumanVevo ◴[] No.37276019{3}[source]
Social mobility is also a lot higher in the Western EU. I moved with my wife to the Netherlands 3 years ago. I was working a FAANG job, I took a 30% pay cut (after factoring taxes, etc). But the flip side is that the relative salary of a global tech worker in the Netherlands is MUCH higher than the average. My wife and I now have 5 separate rental properties now and growing, something we could only dream of doing in the Bay Area unless one of us hit the startup lottery.

Of course I could have worked remotely for a similar pay cut and bought a bunch of rental properties in the Midwest or something, but instead we're living in a vibrant international city and have enough cash flow to pay our bills.

312. GaryNumanVevo ◴[] No.37276039{3}[source]
As an expat who used to work in California and now works in the Netherlands, tax wise it's about the same. With the 30% ruling + a lower overall income I've actually been able to offload a lot of stock and diversify into real estate without being over taxed. So ymmv
replies(1): >>37276072 #
313. GaryNumanVevo ◴[] No.37276060[source]
This is currently what my wife and I are doing. We're both American citizens, but we're 2 years from naturalization in the Netherlands. Through rental properties we've invested in here we're super close to FIRE. I took all my FAANG bucks and invested here, I'm literally just working my job to get naturalization + partial pension
314. GaryNumanVevo ◴[] No.37276072{4}[source]
I've been able to leverage our FAANG bucks into a lot more real estate over here in 3 years. To get the same amount of property in the bay it would have taken me more than 10 years even making FAANG money.
315. GaryNumanVevo ◴[] No.37276089{6}[source]
> Becoming independent and doing what you truely want to do without having to worry about opportunity cost, monetary compensation, or societal repercussions for "wrongthink".

Ironic considering there's very few paths to FIRE in the US (work in tech, be born rich). Whereas the average person in the EU has a safety net that "independent" people in the US have to slave for.

replies(1): >>37277237 #
316. tommek4077 ◴[] No.37276100{6}[source]
You are mixing live costs with tution costs. That way even jobs are costing you money. So it stays: BS
317. orwin ◴[] No.37276600{6}[source]
Electricity is 50% of the energy France use. That is policy-based, maybe. hydro is maxed out, we can't install more renewable because producers in Asia are at capacity. The only part we really control is nuclear power. So 30% of French energy depends on policy.

Area more depending on policy: construction, food production, Healthcare, education, military.

318. mrkeen ◴[] No.37276619{10}[source]
> The Fall of US FAANG

I didn't realise they fell.

319. mrkeen ◴[] No.37276715{5}[source]
> The article is about the EU, not Europe

The thread you're commenting in is about whether workers can still do good things even if they get breaks, not whether they're currently a member state.

A cursory googling says that Swiss workers get 4 weeks and UK workers get 5.6.

320. rpadovani ◴[] No.37276739{8}[source]
I believe you paid 70 euros. I just wanted to highlight that, beginning 2013, that's not a problem anymore thanks to the semesterticket.
321. pandaman ◴[] No.37276758{3}[source]
"Sick days" means the company will pay you for that number of days missed being ill, if you are ill for longer then you will have to make a claim against your short term disability insurance and long term disability after that. So it's kinda like Spain except you get paid for the first 1-3 days (namely the "sick days" from your company) and then get paid in full eventually cutting down to 60% by the insurance.
replies(1): >>37280929 #
322. dang ◴[] No.37276884{4}[source]
Of course not. Note the word "regardless" above.
323. sn9 ◴[] No.37277008{7}[source]
Do you go through life without insurance?
324. danaris ◴[] No.37277232{7}[source]
Yes; that's what we call "civilized society".

Humans take care of each other. It's what makes us strong.

325. jdthedisciple ◴[] No.37277237{7}[source]
And it is precisely said safety net that holds you back. Yes you are safe, just kind of like a sheep or cow can be safe. You are not free.

Few paths to FIRE in the US? Well definitely still more than in the EU.

The primary reason people aren't all going FIRE in the US is stupidity. Seriously, how can some people make 300k a year and not be a millionaire within a decade, then retire for the rest of their life in some LCOL place at 35??

You would have to force me to somehow blow that much money on retarded nonsense, as most of them seem to do.

For anyone who is not completely clueless about money FIRE is relatively attainable in the US.

replies(1): >>37279563 #
326. memefrog ◴[] No.37277337{5}[source]
"High-Income Taxpayers Paid the Majority of Federal Income Taxes. In 2020, the bottom half of taxpayers earned 10.2 percent of total AGI and paid 2.3 percent of all federal individual income taxes. The top 1 percent earned 22.2 percent of total AGI and paid 42.3 percent of all federal income taxes."

https://taxfoundation.org/data/all/federal/summary-latest-fe...

In New Zealand, about 12% of individuals pay about 50% of personal income tax, and the top 3% pay about a quarter. That doesn't take into account the amount they are taxed indirectly through GST or through company tax on companies they own shares in.

replies(1): >>37280205 #
327. Teever ◴[] No.37278082{6}[source]
I'm not sure how anything you said refutes what I said.

Can you clarify?

328. wldlyinaccurate ◴[] No.37279012{3}[source]
Hopefully you realise how lucky you are, and that your situation is the exception in the USA rather than the standard.
329. GaryNumanVevo ◴[] No.37279563{8}[source]
> For anyone who is not completely clueless about money FIRE is relatively attainable in the US.

Of course, the average US citizen is closer to homelessness than being a millionaire. The US savings rate is abysmal.

> Move to a LCOL area

That's the beauty of those "terrible" safety nets, after a certain age anywhere in the EU becomes a LCOL area.

330. speedgoose ◴[] No.37280205{6}[source]
But income tax is not all taxes at all.
replies(1): >>37280298 #
331. memefrog ◴[] No.37280298{7}[source]
Income tax is by far the largest and most significant tax, and I gave examples of other taxes in which the rich pay far more.

Do you really think the poor pay the most company tax?

replies(1): >>37280555 #
332. speedgoose ◴[] No.37280555{8}[source]
Alright. I’m not very aware of the taxes in USA. In France VAT and company taxes are more important.

Rich people don’t pay company taxes either. Companies pay companies taxes.

replies(1): >>37286967 #
333. db48x ◴[] No.37280568{6}[source]
Are you seriously trying to argue that you know what is best for other people? That vacation time is objectively better than money? That the choice shouldn’t be left up to the individual, but they must take your own preferences over theirs? That is the most idiotic thing I have heard all month.
replies(2): >>37280629 #>>37280701 #
334. wizofaus ◴[] No.37280629{7}[source]
Very few choices in life are truly entirely up to the individual. Virtually nobody votes for political candidates that offer the ability for individuals to have absolute control over the money they earn or contract terms of the jobs they hold.
335. speedgoose ◴[] No.37280701{7}[source]
Yes, I do think that having slightly more money is not better than having more free time for most people. You will always have a few exceptions and some outliers, but 21% sounds like a lot.

Incomes correlate to happiness, but once you have enough to live happily, it’s perhaps time to enjoy your time left alive.

Of course, if you lack money to live happily, you may be forced to work a lot. But enforced paid vacations don’t sound like a bad deal anyway if you are in such a situation.

We unfortunately can’t let some workaholic ruin life for everyone else. Our societies need a minimal vacation amount because otherwise, there would be too much abuse and social injustice.

336. Mordisquitos ◴[] No.37280929{4}[source]
Ah, thanks. It sounds like the logic of short term disability insurance from Social Security works similarly in both countries. The main difference appears to be that in the US the onus is on the worker to expressly make the claim and do the paperwork to receive payment from disability insurance, while in Spain the process is transparent for the worker, who superficially continues to receive payment from their employer even though the funds are ultimately coming from SS.
replies(1): >>37283560 #
337. hdjjhhvvhga ◴[] No.37281349{6}[source]
Sorry for being unclear: my point was about the "if business turns they have less flexibility" part (apart from, as you noticed, being of the opinion that overhiring is not a good business practice).
338. ChatGTP ◴[] No.37281366{4}[source]
I get this way of living is personally advantageous but it's pretty shitty right?

Work in the USA, pay lower tax there and get higher salary, fly back to Europe and take advantage of everyone's contributions to get yourself free healthcare while having contributed nothing yourself ?

replies(1): >>37294165 #
339. zer0tonin ◴[] No.37282174{5}[source]
It's absolutely not the same cost of living.
replies(1): >>37305506 #
340. gymbeaux ◴[] No.37283389[source]
I’ve been a software engineer for around 8 years and have had 5 different employers. One (Allstate) allowed us to buy more than the 15 vacation days, and gave us a few sick days I believe. They upped you to 20 after the first year, which is somewhat common in my experience. But no other job I’ve had, including 2 startups, gave sick days.

Microsoft, motherfucking Microsoft, starts you off at 15 days of PTO per year. I’m not really sure why people are itching to work there.

341. gymbeaux ◴[] No.37283434{6}[source]
Even software engineers are not guaranteed a cushy retirement. Everyone assumes the stock market averages a return of 7-9% per year, but there have been periods of a decade or more where the return was 0 or negative, not just in other countries stock markets, but the US as well. If the stock market, for whatever reason, stays flat for the next even 10 years, which has happened before, it will severely limit even SWE retirement savings by the time they reach 55 1/2 years old. Part of the issue is there are so many limitations to retirement savings. How much you can contribute. Whether you can contribute (if you are not provided a 401k from your employer, you can’t put away anywhere near $20k/year for retirement). Then there’s social security. “Everyone” says that won’t exist in 30 years, so why am I paying into it? Why am I forced to pay into it? I should be able to opt out if I’m maxing out my 401k every year. It’s a broken system to be sure.
342. pandaman ◴[] No.37283560{5}[source]
SSDI is not a short term, short term disability is a private insurance, usually provided as a benefit, but also available for purchase yourself.
343. mmmmmbop ◴[] No.37294165{5}[source]
If you were just trying to make that point, your previous comment comes across as a snarky leading question. From the HN guidelines:

> Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes.

In any case, it doesn't seem fair to frame it the way you did. If a high-earning engineer spends 5-10 years in the US to build wealth before returning to Europe to work at a 250k€ job for 7 more years before finally retiring, they'll still have contributed more in income taxes and social contributions in their home country during those 7 years than the median employee during their lifetime. At the same time, they will receive much lower state pensions since they only contributed for 7 years, and they will never take advantage of the unemployment benefits they contributed to.

This is ignoring other contributions such as VAT on their personal consumption (which will likely be higher than average) and on the consumption of their relatives they may support. There's also the non-negligible aspect of bringing highly specialized knowledge and expertise back to their home country, which may increase the country's productivity by second order effects.

Finally, at least in the two European countries I'm familiar with, Switzerland and Germany, you'll still have to pay monthly premiums for the "free health care" until retirement age.

344. emptysongglass ◴[] No.37305506{6}[source]
I don't know where you're living but in Copenhagen, yes it is, 100% the same COL as LA or Seattle.
replies(1): >>37308975 #
345. zer0tonin ◴[] No.37308975{7}[source]
Copenhagen is probably one of the most expensive city in Europe and hardly representative of the continent as a whole. Even then, a quick Google search estimates that cost of live in Copenhagen is 15-25% lower than Seattle/LA, without even accounting for the absurd american healthcare costs.
346. ruszki ◴[] No.37318710{5}[source]
If it’s not standard PTO, then what is it? We talked here about standard PTO.
347. dopidopHN ◴[] No.37363105{5}[source]
Exact figures : https://www.service-public.fr/particuliers/vosdroits/F1419

It’s progressive, from 0% to 45%. A rule of thumb is “a month of salary”