Tax impact on a €60,000 salary
There´s a striking chart comparing labour costs across Europe that is causing sensations on X, Redit and many other discussion forums. Based on a reference salary of €60,000 per year, it breaks down what the employee takes home (net), how much is deducted, and how much extra the employer has to contribute.
France Comes First
The standout figure? France, where the total employer cost reaches a whopping €95,303 — for the employee to receive just €39,301 net. That’s a difference of over €56,000 in deductions and contributions. Close behind are Italy, Slovakia, and Estonia, with total costs ranging between €88,000 and €81,000.
On the lower end, Romania, Denmark, and Lithuania have the lowest overall labour costs — all under €65,000.
What do citizens get in return?
A deeper, and increasingly global question emerges: what do people get in return for this fiscal burden? In Latin America, it’s widely accepted that in addition to taxes, formal employees often need to pay for private healthcare and education. Is the same trend appearing in Europe?
This chart does more than present numbers. It opens an essential debate on the balance between what’s paid in and what’s given back.
Quadlux can help you navigate the complexities of European labor. Contact us at 📩 hello@quadlux.com | 🌐 www.quadlux.net
Chart source: Boundless.com
🔎 What do you think — are high labour costs sustainable if citizens perceive declining value in return?