[zmb_]

> But also before you consider healthcare, transportation, higher cost of living in some desirable areas, lack of time off, lack of any employee protections, dismal social safety nets if you fall on bad times. And for people who need that, no maternity leave, expensive childcare, etc.

Let me try to add some more concreteness to this. I work for a major US tech company in Western Europe in a "second class" tech hub (i.e., not London or Zurich, but with most of the major tech companies present). Total compensation is low six figures, which is over 1.5x what I was offered by large European companies.

On my payslip, my net is about 55% of the gross. I then pay 25% of the net as my half of the rent, and 20% for childcare (in theory you could get it much cheaper, but in practice there are no available spots). On average I've paid 10% of net out-of-pocket for extra healthcare costs not covered by the mandatory insurance (which costs 15% of gross).

Compared to my previous job, my gross is now 2x but net 1.4x. My lifestyle is not meaningfully different than when I was making half the gross, I just accumulate some modest savings instead of breaking even. I still have no chance to own a home anywhere near the city I live in. I don't know how I could "work my way to a great lifestyle" here. Maybe I'm just doing it wrong.

Overall, my peers in the US have a significantly better lifestyle than me. What I do get that my peers in the US don't (AFAIK) is 30 days of paid holidays. Also my wife can get a year of maternity leave with reasonable benefits.

The worker benefits are pretty theoretical, since in practice I have to work well above the tracked hours to be competitive on the career track. I can also still be laid off on reasonably short notice if the company decides to cut costs. I would get 60% of my salary for a year from the state as unemployment, but I would typically not get any severance from the company.