Re:Remote work means anyone can take your job
by wildmanx on Thursday May 28, 2020 @02:38PM
(#23340768)
That strong social safety net does not fall from the sky. People in those countries just pay higher taxes instead, so if you want your employee to have the same net income, you need to increase the salary.
My American friends always rant about the high income taxes in Sweden. But my taxes include health insurance and I pay essentially nothing for kids' daycare, school and university. For people without perfect health and with kids, the total pay is worse in the U.S.
Currency exchange means some can work at a discount compared to USD
Government subsidies hoping to diversify their economy may even pay partial salaries
Strong social safety net in other countries means companies may not need to pay for health benefits for remote workers