Babel is used by millions, so why are we running out of money?

Re:Babel is used by millions, so why are we running out of m... by rndude on Tuesday May 11, 2021 @04:19AM (#27115572)

$11k makes roughly €9k.

If you work for a company in Germany this would be gross salary of roughly €6.5k a month. The rest 2.5k would be ancillary wage costs for the employer. That finally translates to €4k net after taxes including health insurance etc.

I believe many good engineers make that amount of money in Germany.

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Re:Babel is used by millions, so why are we running out of m... by adflux on Tuesday May 11, 2021 @04:29AM (#27115641)

Really don't understand this logic. .. Very few engineers make 9k in Germany, simple. Why compare net wages to gross wages?

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Re:Babel is used by millions, so why are we running out of m... by rndude on Tuesday May 11, 2021 @04:43AM (#27115731)

Its 9k cost to employer. Its 6.5k gross salary which translates to 78k gross salary a year for the employee. A lot of engineers make that salary.

If you are receiving money as a freelancer you need to earn at least 50% more to get a similar net salary as an employee therefore a employee salary of 78k gross is roughly equal to a freelancer making 120k a year.

You have to compare net income as everything else does not make sense.

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Re:Babel is used by millions, so why are we running out of m... by CRConrad on Wednesday May 12, 2021 @04:29PM (#27134767)

There is nothing that says those 11K include ancillary costs. It's called salary, so compare to salary, not to salary + ancillary costs.

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