Originally Posted by
Hindenburg
Careful when you compare European salaries to US.
Usually, European salaries include pension (although crapy), health insurance and unemployment insurance.
In general you can deduct around 40 to 55% from the gross pay to get the net pay. This applies especially to the northern states like Germany, Denmark, Sweden. Applied Tax alone can be up to 43%. UK is much less.
While net salaries in the US might appear huge in number, still medicare or 401K have to be deducted. Taxes are significantly lower tough. Unemployment insurance? What´s that?.
Medicare yes. But all decent US majors now do a 15% DC which should be sufficient for retirement if you have 25+ years and will upgrade. So out of pocket not required unless you want to go above and beyond.
The current reality...
I know personally numerous dual citizens who have recently returned to the US for legacy/big six jobs. From LH, AF, EK, and a several Asian carriers.
This too shall pass of course, but right now the US is the place to be. Although parts of Europe are very nice, and some of their airlines will still provide a great living at home. Can't fault anyone for that.