Why are average salaries in UK and EU looks much less compared to US for similar role, even with higher tax rates? Is it factoring in benefits such as free healthcare, education etc? Or is it just a matter of demand/supply?

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It's because Americans are objectively higher value ๐Ÿ˜Ž๐Ÿˆ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿฆ…

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Because the socialist safety nets in the EU mean the cost of business is higher and itโ€™s much harder to get rid of the talent. That means firms must hold more cash in reserve and pay the people less.

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Why is no one talking about cost of living?

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Hey fishes,

I got an offer from a company below is the compensation layout. Can you all tell me what will be the in-hand salary per month, will it be 49k?
I can see that EPF for employer is also deducted from my salary so this is not correct based on the EPF Act, is there some other thing which is not correct in the given Annexure?

Thank you!

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Need suggestions please.

I have accepted the offer with tcs (12lpa) and my joining date is 2nd of November.

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Skill: Aws

Relevant experience: 4 years and Overall experience 6.5 years

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