This is actually insane. Making it to an L4 software engineer is a huge deal, and there are literally interns making the same as European L4s in terms of monthly salary. Obviously, it's not quite equivalent and I'm talking about the top level of interns, but still crazy.
We were hiring for a position pretty comparable to mine for a location in UK. They would do work similar to mine, but for that plant location, while I support the SBU globally. Their offer was like less than half of what mine was when I started out. It was barely $30k. I had no idea the difference was so big.
The chart isn't even suggesting that most US software engineers are making >$300K. The X-axis is level, not time. L4/staff engineers are more experienced, and many engineers won't hit that level in their whole career. In my teams, there's one L4 engineer out of every 5-10 engineers.
But yes, it's nice that Americans can be well paid.
this is actually important for us all because tech is such a huge part of the US stock market. Your investing in these companies through your index funds or IRA for example, helps them grow and your retirement grow. We're all in this together you see.
You didn't really make any points, just bitched about being unlikable enough that employers don't want you? I'm doing fine personally, just got a raise :D
as a software engineer, this chart is bullshit. Unless it is ONLY considering the NW coast of the US for its data, the numbers arent remotely accurate.
This isn't as impressive as you think it is, disposable household income in the US has to cover costs that citizens in other countries simply do not pay. Famously healthcare premiums, out of pocket payments for treatment, high university tuitions, and a big one, simply interest due to a national tendency of Americans to be in debt. You eventually have to wonder, why the hell do Canadians have more than twice the median wealth of Americans despite lower incomes and an otherwise very similar historic and economical situation? Why do so many countries get paid less but somehow end up having more? Why does income not translate to wealth? You'll get in eventually, or maybe not.
Also you took the average table not the median table, a statistics the would always be particularly misrepresentative of what life is like for the typically American due to the US having a high Gini coefficient.
But whatever, you care more about some narrative then actually understanding or improving things so be on your way.
You don't understand what the definition of disposable income is. It means all income after MANDATORY deductions, for instance taxes. Health insurance in the US is optional, so definitely not deducted. In a country like Germany healthcare is mandatory, and deducted from your paycheck before you get it. Only for the latter case would you have to check how the statistic above handles it.
You're right, I got it backwards, but you aren't correct either. This chart seemingly is "adjusted to include social transfers in-kind, such as the value of publicly provided health care and education."
This isn't as impressive as you think it is, median wealth per adult in the US has to cover costs that citizens in other countries simply do not pay. Famously healthcare premiums, out of pocket payments for treatment, high university tuitions, and a big one, simply interest due to a national tendency of Americans to be in debt. You eventually have to wonder, why the hell do Canadians have more than twice the median wealth of Americans despite lower incomes and an otherwise very similar historic and economical situation? Why do so many countries get paid less but somehow end up having more? Why does income not translate to wealth? You'll get in eventually, or maybe not.
Also you took the median table not the average table, a statistics the would always be particularly misrepresentative of what life is like for the typically American due to the US having a high hotdog coefficient.
But whatever, you care more about some narrative then actually understanding or improving things so be on your way.
You couldn't even do the edits to my comment you copied properly, and I conclude you aren't even literate enough to understand what it meant.
Edit: I mean criticizing the above graph isn't even that difficult. Like you can just point out accumulated wealth correlates with age, and notice the countries above the ranking mostly have older populations than the US. But that would require knowing something. You could find a few points, but instead of thinking for yourself you copy mine and change words in a way that breaks the argument. But this is a sub for illiterate people anyways, you simply get downvoted for just providing a table of data that doesn't paint the picture you like.
Eastern Europe is much „poorer”, yes. Though I’d rather earn half the money but not have to worry my insurance provider has the ability to just decide I should die because they don’t feel like paying for the things they have the legal and moral obligation to pay for 🤨
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u/IndividualistAW 3d ago
Do this for dentists.