Saturday, August 10, 2013

Comparing Salaries: USA vs. France

When you're looking for a job worlwide, it's not easy to compare salaries, taxes and social benefits from one place to the other. However, it's a good time investment to do so, there can be quite surprising results. Herebelow, a comparison of income for the same job advertised for $100,000 in France and in the USA. Although the net salary is lower in France, the whole of salary + benefits is far higher in France than in the US with the same advertised job.
(calculations are for a single, no children, with a sample state tax of 10%, and may not be perfectly accurate, they're made to give a comprehensive view)

USA  Amount France France in €
6,200 $  employer contribution to social benefits 63,139 $ 47,338 €
100,000 $  advertised job salary 100,000 $ 74,973 €
17,250 $  federal income tax as a single 13,365 $ 10,020 €
10,000 $  typical state tax as a single 0 $ 0 €
7,650 $  social benefits 23,001 $ 17,244 €
13,850 $  TOTAL social benefits 86,140 $ 64,582 €
75,100 $  TOTAL net take home salary 63,634 $ 47,709 €
88,950 $  TOTAL salary + benefits 149,774 $ 112,291 €

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