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That sounds much less onerous than paying for your employees' healthcare in the United States.
by stochastic_monk 7y ago
That sounds much less onerous than paying for your employees' healthcare in the United States.
- pfortuny 7y agoIn Spain it is essentially 30% of the salary (for standard salaries). Say the minimum is at least like 300€ (and you are not going to start a startup with 1000€ salaries. Edit: that is: you have to pay the salary and, apart, 30% of that amount to the soc sec.
- benhurmarcel 7y agoHowever in Spain you get an engineer for half the before-taxes salary compared to the US. Even if you add 30% it's still a lot cheaper. Cost isn't the reason.
- jen20 7y agoDepending on where in the US, even half is pushing it in most of Europe. For juniors, probably 20% of the cost of the US is more reasonable - especially in the 'startup land' of the Bay Area for example.
- Roark66 7y agoTrue, but when you're just starting out and you and your co-founders are the only employees you have a choice not to pay anything extra in US. I don't envy US healthcare arrangement. The healthcare insurance is the only one of those compulsory taxes I don't mind here.
- devcpp 7y agoThe difference is paid in taxes.