Why Salaries In Europe Are So Low?

Which country pays highest salary to workers?

LuxembourgAccording to the OECD Global Report, the country which pays highest salary in the world is Luxembourg, here a workers gets average salary of Rs.

40 lacs per year.

After this country USA is on the second spot which pays Rs.

37.85 lacs per year..

Is 80k a good salary in Munich?

Yes, this is indeed a very good salary to make a decent living in Munich. … “Is EUR 80k a year a good salary in Munich for a family of 4?” Yes it’s not bad. Not many people earn that amount of money.

Is 60000 euros a good salary in Germany?

60,000 Euros will get you far in rural East Germany and a good standard in most cities in Germany. … 60,000 euros is good salary, easy to survive for one family and can save around 1000 euros, if you have normal life.

Who is highest salary in world?

2017 listRankNameTotal1Cristiano Ronaldo$93 million2LeBron James$86.2 million3Lionel Messi$80 million4Roger Federer$64 million6 more rows

Which job has highest salary?

List of Top 10 Highest Paying Jobs in IndiaMachine Learning Experts.Blockchain Developer.Full Stack Software Developer.Product Management.Management Consultant.Investment Banker.Chartered Accountant.Marketing Manager.More items…

Which country is best for money?

Top 10 Countries for Expats to Earn More MoneyChina. … Hong Kong. … Bahrain. … Singapore. … Vietnam. … Saudi Arabia. … Canada. In the HSBC Expat Survey Canada was ranked in the top 10 countries for disposable income and financial stability. … United States. As the USA is huge, the income can vary across different states.More items…•

Why are salaries in France so low?

Why are wages so low in France compared to the US? … The overall cost of a family living well is, in most cases, lower in France at the end of the year, and the quality of life is considered so good by average Frenchman that they forgo the possibility of higher nominal wages elsewhere in most cases.

Why are salaries so low in Netherlands?

It’s the most expensive tax system. … This is on top of income tax that you pay. To make the situation worst in Netherlands employers also pay social security for each employee they hire. Thus making salaries lower and lower to employees.

Is 100k euro a good salary in Germany?

Yes, very good. Salaries in Germany are in general unbelievably low compared to cost of living expenses as German companies try to squeeze their employees to beat the market. They earn their international success on the back of their employees. Germany is a “Billiglohnland”.

Is 80k a good salary in Germany?

80,000 is a very good salary in Germany. But not all cities in Germany have similar living cost. For example the Munich area is very expensive, sometimes twice as expensive compared to other cities. … For two people a 70–80sqm apartment will cost around 750–950€ depending on the location.

Is Berlin or Munich better?

Munich vs Berlin? Berlin. If you are looking to drink beer and eat traditional food Munich is the place for you, and ideally during the exciting Oktoberfest. However, if you want a taste of an exciting, diverse music scene then Berlin wins hands down as the most exciting city in Germany.