81–90 of 166 posts
Location is huge. I live in Michigan and make considerably less than friends that live elsewhere. My rent is also almost 1000 dollars cheaper per month.
Depends on where you live. I paid $1200 for a studio apt. in A2, and it can go even higher the closer to downtown you live.
I just graphed the data: http://imageshack.us/photo/my-images/839/unledwte.png/
This poll exemplifies the problem with all of these polls: it doesn't say what it's measuring. I would put in vastly different numbers for base salary vs base salary + bonuses + shares + other benefits. I see the same on Glassdoor on elsewhere. The bigger problem is the people volunteering such information have differing views on what to put making such information mostly useless. Also, if life has taught me nothing…
Agree totally. For instance, I could never figure out if these American polls take pension deductions into account. Where I live, the employer pays additional ~20% on top of base salary into various pension/saving funds, but since everyone gets it, it isn't taken into consideration when comparing salaries. I always wondered if seeing a quoted $100K salary in the US - does it include these pension payments or not.
However, there's something called 401k which is a type of retirement account. You can contribute to it through pre-tax contribution directly from your paycheck. It's fairly common for employers to match a certain amount to what employees contribute. Some might match 100%, some 5%, some up to a certain amount, some have some vesting period, etc.
So that's one thing that is worth taking into account when comparing job offers, because if you plan on contributing $15k a year to your retirement account, if a company matches 100%, that more or less means an extra $15k a year.
So some people might include that if asked of their overall benefits, some might not…
This poll exemplifies the problem with all of these polls: it doesn't say what it's measuring. I would put in vastly different numbers for base salary vs base salary + bonuses + shares + other benefits. I see the same on Glassdoor on elsewhere. The bigger problem is the people volunteering such information have differing views on what to put making such information mostly useless. Also, if life has taught me nothing…
I just graphed the data: http://imageshack.us/photo/my-images/839/unledwte.png/
Earlier quoted context omitted.
From the numbers people seem to put in their gross income. I would find it interestin to see how much is taken away by the goverment for different salaries and locations. In Germany, the government takes away roughly 50% of your income.
Last line is bs. Its not "the government". Taxes are much less. It includes all kinds of insurances included (medical, unemployment, retirement, etc.)
I pay 42% taxes on income.
I pay medical insurance on my own.
I dont have unemployment or retirement insurance.
You might be interested by this:
* as a high score / pissing contest result. Then whatever the figure, you'll never be satisfied: either you don't mak enough, then you'll feel terrible; or you're making more than your reference group, but then you'll soon change the reference group you're comparing yourself to, and you'll go back to step one until you find yourself feeling terrible.
* as a genuine measure of your well-being, presumably to estimate the appropriateness of changing jobs. Then you probably underestimate non-monetary factors. First, you probably have fun working: that's worth a couple hundreds K$ IMO. Then, the ways money goes out matter at least as much as money coming in: I make a bit more than 50K€ in Europe, which is below the American average for my skills; but I don't have a student loan to repay, I won't have to pay for my kids' education either, I have world-class "socialist healthcare", I can get a nice house for about 250-300K, there's little criminality to be afraid of, I'd need to kill then rape my boss' kids to get fired, I work about 210 days a year...
What kind of conclusions do you expect to draw from this poll?
You might be interested by this:
* as a high score / pissing contest result. Then whatever the figure, you'll never be satisfied: either you don't mak enough, then you'll feel terrible; or you're making more than your reference group, but then you'll soon change the reference group you're comparing yourself to, and you'll go back to step one until you find yourself feeling terrible.
* as a genuine measure of your well-being, presumably to estimate the appropriateness of changing jobs. Then you probably underestimate non-monetary factors. First, you probably have fun working: that's worth a couple hundreds K$ IMO. Then, the ways money goes out matter at least as much as money coming in: I make a bit more than 50K€ in Europe, which is below the American average for my skills; but I don't have a student loan to repay, I won't have to pay for my kids' education either, I have world-class "socialist healthcare", I can get a nice house for about 250-300K, there's little criminality to be afraid of, I'd need to kill then rape my boss' kids to get fired, I work about 210 days a year...
What kind of conclusions do you expect to draw from this poll?
Not everyone works in the US - fairly narrow minded view of the world?
Cost of living varies dramatically across the globe as does currency value. To make it truly a global poll, I suppose he should have asked how units, x, of a mixed basket of local goods, b, could you buy per year worked. xb = only possible correct statement of income. You come up with b and repost the poll if you so desire.