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by foldr
2335 days ago
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>so multiply a normal 'pre-tax' salary by 1.16 I don't follow the logic of this. The amount of your quoted salary that you get to keep (for a typical SE salary) is going to be somewhat higher in the US than in the UK. (Not massively higher - Americans often inaccurately apply the stereotype of high tax Europe to the UK.) Whether the deductions are for employee or employer taxes is moot from a financial point of view. |
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It's not fully pre-tax, but we call it pre-tax, just pointing that out.