| You are comparing the best the US has to offer with the standard for European employees. Here in Germany, you have health insurance, no student debt, multi-month paid maternity/paternity leave, 30 days of vacation per annum, paid sick leave, multiple bank holidays. Notice how I didn't specify a company or location? Because this is the standard for every full-time employee in the whole country, irrespective of location or profession. The German model has two draw-backs: Pay never reaches the levels in the US and it is relatively hard to land your fist job. Also, some gig economy jobs fall through the cracks. For an honest comparison and a complete picture, you can't take a software engineer from SV and compare it to a software engineer from Berlin. At least not just. For a complete picture, you should also compare a software engineer from Boise to a software engineer from Düsseldorf. And a call center employee from Oklahoma with a call center employee from Mecklemburg-Vorpommern. The ones who "made it" will always be better off in the US. But everybody else, not so much. |
Or, to use your words - the Germans will always be better off in Europe. But everybody else, not so much.