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by olabyne
1379 days ago
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Hey french here. You are speaking of raw income, right? I don't think we are content with lower wages. It's just that you cannot really compare EU-US just like that.
You need to compare cost of living, entirely. Paid leave. Public holiday. College fees. Working time. But also what I call 'peace of mind'. In Europe, you have retirement from the state. You will never have crazy, 6 figures hospital bills. My employer fires me ? I don't care, I will stay get paid through unemployment insurance. Getting sick ? Still paid. However, even if you can't compare US-EU numbers, in Europe engineers are underpaid, and it's good that you try to raise your voice through your colleagues.
I think we are also a bit shy about sharing numbers in the office, which only benefits to the employer |
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It's true you can't really compare directly like that, but just as an example let's normalize the data on the point of vacation/holidays. EU: 52 wk / yr * 5 day / wk = 260 days / yr 35 holiday / yr = 225 working / yr 260 / 225 * 65 = 75.1k per year normalized
vs USA: 10 holiday / yr = 250 days / yr 260 / 250 * 160 = 166.4k per year normalized
Here we can see how even when considering something like holiday: the difference is still not even remotely close.
You're absolutely right about the 'peace of mind' aspect. This is something that I really love and will definitely miss... But let's not fool ourselves. For example it's common knowledge in Germany that the state retirement will only cover about 50% the cost of living. Not sure about the situation in France, but this means I still need to do a huge amount of self-saving and investing just to live at the bare minimum.
In the end I completely hear your argument and can understand it.... It's just everything in life is pretty gray and situational.
Note: if anything I have said is wrong, definitely let me know! Nobody is perfect!