Just to be clear, I don't want to enter any kind of comparison between EU and US pension/medical systems here!
All I'm saying, is that contribution to e.g. a 401k will be done after the $150k (even though the employer will contribute with e.g. 1:1 ratio).
Whereas in EU the retirement contribution is already done before the 80k euro. Actually, MANY other contributions will happen before that 80k EUR.
Thus, you cannot compare _directly_ EU and US salaries, you need to adjust for a rough estimate of everything that was already deducted from the EU 80k!
This is why I mention that it is more _fair_ to compare EU super-gross against US gross, because both are expressed before the heavy medical/unemployment/retirement contributions.
Whereas in EU the retirement contribution is already done before the 80k euro. Actually, MANY other contributions will happen before that 80k EUR.
Exactly same thing is true in the US. 401k is on top of Social Security retirement benefits. Employees pay 6.2% of their salary (up to $127,000 cap) into Social Security, and the employers pay matching 6.2% on top of the gross salary. The 401k is in addition to Social Security benefits, and the Social Security benefits are already higher than the French retirement benefits.
All I'm saying, is that contribution to e.g. a 401k will be done after the $150k (even though the employer will contribute with e.g. 1:1 ratio).
Whereas in EU the retirement contribution is already done before the 80k euro. Actually, MANY other contributions will happen before that 80k EUR.
Thus, you cannot compare _directly_ EU and US salaries, you need to adjust for a rough estimate of everything that was already deducted from the EU 80k!
This is why I mention that it is more _fair_ to compare EU super-gross against US gross, because both are expressed before the heavy medical/unemployment/retirement contributions.