You are leaving out employee benefits. Free, hot lunch every day. Generous pension savings. Free insurance of various kinds covering not just the employee, but also the family. Free phone + subscription. Subsidized gym memberships. Massage. The list goes on.
If you factor in all the employee benefits the result is a much higher "salary."
You are leaving out employee benefits. Free, hot lunch every day. Generous pension savings. Free insurance of various kinds covering not just the employee, but also the family. Free phone + subscription. Subsidized gym memberships. Massage. The list goes on.
If you factor in all the employee benefits the result is a much higher "salary."