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27 votes
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How to match EU income to US salary?

For a general idea, I recommend this formula: CurrentSalary EUR * (EUR/USD Rate) * CostOfLivingIndexValue of SF or NY. If you make 50k EUR, that's about 57k USD as of December 2021 (with EUR = 1.15 ...
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17 votes

How to match EU income to US salary?

Of course, the salaries you're talking about here are gross (as in pre-tax), so obviously first step would be to calculate net salary. In US you have to components of the income tax, first the ...
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  • 2,258
13 votes

How to match EU income to US salary?

I do not exactly understand what you want to know, if you want to estimate the salary you need or you can expect in the US (which are 2 different things). But I can still give you clues about the ...
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  • 1,488
10 votes
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Can I keep H1B status if my employer cannot pay me because the company runs out of money?

To answer you question, being a former H1B myself. You are in valid h1b status because you are working. Your employer however has violated the H1B statutes and Labor statutes by not paying you. At ...
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8 votes

When people quote salary figures in Europe*, do they mean after or before income tax?

As the same gross salary can and will result in very different net payments to the employee, it does not make much sense to discuss salaries in 'net'. In any job description or offer, and in most ...
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  • 1,503
8 votes

What is my net salary on a gross salary of 3,000 EUR in Holland? Can I live on that in Amsterdam?

The proposed salary is almost spot on what is referred to as 'modaal inkomen', or the median income: the most common income in the country. Therefore, you should be able to live on this salary just ...
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7 votes

How to match EU income to US salary?

Here is how much a hypothetical above average (1.5x) software developer could save/invest after expenses and taxes in New York and Berlin. I think it is important to also include what your level of ...
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  • 199
6 votes

What is my net salary on a gross salary of 3,000 EUR in Holland? Can I live on that in Amsterdam?

You would be able to get by, but not save anything, I would think. As of 2018, I live alone, my salary is ~3,850 before taxes (not counting an annual allowance/bonus/vacation pay/etc.), I enjoy the 30%...
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  • 2,653
6 votes
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Take-home pay: US vs Netherlands

Here is one simulator you can use for that. You can find others by looking for things like “nettoloon” or ”bruto netto” together with “Nederland” (name of the country in Dutch, to get rid of results ...
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  • 17.3k
5 votes
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Doubt about salary

In most places in the world it is usual to quote salaries as gross (i.e. before any taxes or social security payments), simply because everyone's tax situation could potentially be very different. ...
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  • 3,213
5 votes
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How is USA salary calculated?

US salary figures are typically gross, and do not include bonuses, though a bonus may be mentioned in addition. Bonuses vary widely by industry and by the type of employer. Many jobs will have no ...
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  • 19.5k
4 votes
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In the Netherlands, am I obligated to refund a previous employer for missing deductions?

This is a very partial answer, because while I live in the Netherlands, all of my labor law experience is knowledge is from a different state and legal culture (Israel). Still, it might be useful to ...
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  • 2,653
4 votes

Can my german employer rollback my promotion?

Generally speaking, a promotion and a salary increase are extensions to your contract that must be accepted by both parties in writing. This is no big deal normally, both sign the extra page, the ...
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  • 1,969
3 votes

Doubt about salary

I've worked in a few EU countries, and in all of them common practice is to display your gross salary, either monthly, or yearly. When paying they will deduct the taxes you have to pay, and only pay ...
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  • 7,429
3 votes
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What is better choice living place or salary in Sydney?

Take the one with shorter travel distance. This exact issue has been disused on vlogbrothers by Hank quite recently Sources (taken from vlogbrothers): Homeownership doesn't increase happiness: ...
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3 votes

living cost in London

Information on the median income in the UK is available for 2013-2014. The data are for personal income and not household income. For the inner boroughs of London, an income of £30,000 would put you ...
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  • 4,138
3 votes

How to match EU income to US salary?

There is a huge difference missed by all the answers here - in the US your employment is generally high risk; i.e. you can be fired at any time and will receive no more than two week's of pay or ...
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3 votes
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Is earning $4000/month before tax enough to cover common expenses in Indiana, US?

Here are some tools you can use to compare the numbers with your expectations and goals: You can check the cost of living here, and calculate the expected tax deductions here. In case those links ...
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  • 346
3 votes

Salary comparison from SF to Amsterdam Data Engineer 2017

Firstly, Amsterdam is a fantastic city and the Netherlands is a great place to live. :-) EUR 52k per year gross is around EUR 2900 per month net. That's a decent salary in the Netherlands and ...
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  • 270
3 votes

How can a US company regularly pay an overseas contractor?

Your best bet is to create a Transferwise bank account. That gives you an American routing number which your customer can wire the money to (which should be straightforward for them). You can then ...
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2 votes

How to match EU income to US salary?

As a European who's currently living in North America, I feel that there's a lot of confusion over salary comparisons between different markets. Lets break it down step by step: Currency First of all, ...
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  • 2,304
2 votes
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Left the Netherlands in Aug '14, saw “Terug te krijgen" on tax file, tax refunds?

Tax rates are progressive, the higher your income over the whole year, the higher the tax percentage. The amounts that were deducted from your monthly income are always based on the assumption that ...
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2 votes

Swiss salaries compared to US salaries

I don't know how much are living costs in US, but I suppose, by the same salary, it's better to stay there. Switzerland is very expensive. The taxes (by such income) will consume about 1/3 of your ...
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  • 211
2 votes

Netherlands acquiring 30% ruling after two months of starting the job

I have had the experience of getting the 30% ruling a while after I started working - so retroactive requests are not a problem (though they might be if you cross the boundary of a tax year; not sure ...
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  • 2,653
2 votes

Salary structure in Canada

1) Is annual base salary the final amount? The annual base salary is pretty much what Dennis explained in his comment. The salary you will get will have CPP, EI (differs from province to province) ...
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  • 1,166
2 votes

How does $60,000 salary in Sweden translates to salary in Seattle (US)?

Here's a start: Comparison of living costs Stockholm vs Seattle I can't comment on taxes etc (I believe they are likely to be higher in Stockholm), but for pure costs it appears Seattle is about 14% ...
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2 votes

Net salary calculation in the UK

Assuming you are paying tax via pay as you earn (PAYE) indeed, the monthly net income should be the annual net income divided by 12. You seem to have been confused by the personal allowance. Yes, the "...
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  • 999
2 votes

Savings in Germany (Munich) or in Norway(Oslo)

This really depends. Taxes are lower in Germany but Munich has become very expensive to live in, even compared to Oslo. However, Norway includes its health insurance and better pension benefits in ...
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2 votes

Tax calculation in Norway for married couple

You can calculate your taxes using this webpage of the Norwegian tax authority: https://skattekalkulator.app.skatteetaten.no - switch to English in the upper right corner. This uses the same engine ...
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