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Re:German digital bank N26 is facing outcry from its staff o... by luckylion on Friday August 14, 2020 @06:26AM (#24156106)
Very accurate. And even if you're making good money, you're paying significantly higher taxes, will usually not own a house etc.

Might still be worth it for the benefits, but it should be mentioned.

Re:German digital bank N26 is facing outcry from its staff o... by WJW on Friday August 14, 2020 @06:52AM (#24156298)
Home ownership in the Netherlands is 69% vs 65% in the USA. Also the taxes actually pay for things like a public health system and police that have enough training to adopt a "talk first" strategy vs the "shoot first" strategy that seems to be so common in the states.
Re:German digital bank N26 is facing outcry from its staff o... by luckylion on Friday August 14, 2020 @07:12AM (#24156433)
Interesting, my experience is from Germany where it's much lower, barely breaking 50%.

As I mentioned: it might still be worth it, but I really dislike this whole style of "look, everything is the same, only we have X, Y and Z". It's not, there are trade-offs. If somebody likes those trade-offs (e.g. better job security for lower compensation), then they'll prefer it that way, and that's completely valid. But to pretend that there are no trade-offs (that is: to only mention one side of the trade-offs) is misleading.

Re:German digital bank N26 is facing outcry from its staff o... by smcl on Friday August 14, 2020 @07:27AM (#24156526)
Germany is famously a bit of a European outlier over renting vs ownership: https://qz.com/167887/germany-has-one-of-the-worlds-lowest-h...
Re:German digital bank N26 is facing outcry from its staff o... by wott on Friday August 14, 2020 @08:27AM (#24156995)
> Interesting, my experience is from Germany where it's much lower, barely breaking 50%.

It is not (only) a matter of capacity, it is (also) a matter of culture/habits.

In fact, if you look at various European countries, that's funny, because house ownership rates kind of go the opposite way of average wealth/income per capita.

Re:German digital bank N26 is facing outcry from its staff o... by moooo99 on Friday August 14, 2020 @08:28AM (#24156999)
Yes, home ownership in Germany is much lower thanks to urbanization, incompetent politics and other factors. Right now its at around 51%. Germany is last place in Europe and an extreme outlier. The comment you replied to for example referred to home ownership in the Netherlands which offers the same if not better employee protection and benefits, while surpassing the US in home ownership. Oh, and also the Netherlands is more representative of home ownership across EU countries, here are some numbers https://www.statista.com/statistics/246355/home-ownership-ra...
Re:German digital bank N26 is facing outcry from its staff o... by emn13 on Friday August 14, 2020 @06:56AM (#24156329)
It's not accurate at all - in comparison to the US. Obviously management having a pay disparity is common (which is in itself interesting, and economically not that obvious - more likely a social effect of a hierarchy), but the disparities in the US are larger. (The US has fairly extreme inequality compared to other wealthy countries, generally regardless of what you're looking at, so it comes as no surprise that it's the case here). Furthermore, the actual statistics likely under represent the issue, due to how stocks and capital gains.

If you mean to say the inequality in NL or Germany is unreasonably high - sure! But the US is even less equal.

Edit: https://www.cnbc.com/2019/08/16/ceos-see-pay-grow-1000percen... also looks at older income inequalities, and the development is pretty stark.

Re:German digital bank N26 is facing outcry from its staff o... by luckylion on Friday August 14, 2020 @07:10AM (#24156414)
> It's not accurate at all - in comparison to the US.

What? US SWE don't make significantly more money than EU-based SWEs? That's news, I'd love to see sources.

Re:German digital bank N26 is facing outcry from its staff o... by emn13 on Friday August 14, 2020 @09:38AM (#24157756)
The pay differential between CEO's and workers in the US is larger than that in the Netherlands, which is larger than that in Germany.

In general, high earners earn more in the US, which includes both CEO's and SWE (but the point about how easy it is to fire people and about inequality was more general, not specifically about SWE).

Re:German digital bank N26 is facing outcry from its staff o... by jakobbuis on Friday August 14, 2020 @06:44AM (#24156227)
Citation needed. Most engineers I know in The Netherlands (around 200) have bought their home.
Re:German digital bank N26 is facing outcry from its staff o... by moooo99 on Friday August 14, 2020 @08:30AM (#24157011)
His claim is simply false, see https://www.statista.com/statistics/246355/home-ownership-ra...

Even most blue collar workers I know own their house.

Re:German digital bank N26 is facing outcry from its staff o... by coldtea on Friday August 14, 2020 @08:54AM (#24157239)
>you're paying significantly higher taxes

For much better public services, benefits, access to health, etc...

>will usually not own a house etc.

The Netherlands have a higher home ownership than the US (67.8% vs 65.3%).

Re:German digital bank N26 is facing outcry from its staff o... by markus92 on Friday August 14, 2020 @06:48AM (#24156261)
Even most blue collar workers I know have bought a house, what are you talking about.