Posted on 08/29/2009 11:04:58 PM PDT by bruinbirdman
Which of the globe's workers fatten their wallets most?
Residents of Swiss financial center Zurich know that their country has more to offer than world-class chocolate and precision watches. They can now brag that, on the whole, they earn more than anyone in the world. Zurich-dwellers rake in $22.60 per hour in average net pay, according to a wage survey released August 19. The runner-up city is less than 200 miles southwest: Geneva, where jobs pay $20.40 per hour.
Though the Swiss cities provide the most cash to workers, they are not the most expensive locales for employers to set up shop. Laborers in glittering Copenhagen command the highest gross pay, at an average of $32.80 per hour.
Employees in Zurich and Geneva not only take home top dollar, they can buy the most with their earnings. When you factor in local prices, they blow away any other international city in terms of what workers can get for their money.
In Depth: The World's Best-Paid Cities
Working life in Mumbai marks the other end of the spectrum. Because of its $1.20 average hourly wage, the impoverished urban center trails the list of 73 cities compiled in the Prices and Earnings report, released by UBS (UBS) every three years.
UBS arrived at its rankings by studying the wages, taxes and working hours of 14 occupations across 73 world cities. Schoolteachers have a very different lifestyle in Berlin, where they earn an average of $35,800 per year after taxes, than they do in Bucharest, where the same work nets them only $4,100. A female factory worker brings in $18,200 in Chicago, but less than a tenth of that--$1,800--in Cairo.
To accurately measure each city's quality of life, the researchers looked not only at gross salaries, but what workers brought home after taxes,
(Excerpt) Read more at forbes.com ...
the gluttony on display here is sickening, these terrorist-lovers need a big wake up call, it will come because they have ignored the warnings that we have given them of the threat of islam.
they have many socalists in those countrys.
The Swiss are well armed, and jihad would have a snowball’s chance in hades of making any progress there. The other locales may well be in great danger.
“A female factory worker brings in $18,200 in Chicago, but less than a tenth of that—$1,800—in Cairo.”
Give it a little time, the traitors in DC will get us there.
Interesting that no Chinese city seems to be on the list. Isn’t China supposed to be the up-and-coming economic power of the 21st century?
Rice is cheap in China.
The wages cited for Mumbai include large numbers of uneducated people at the bottom of society, which other countries simply don’t have. If you have a good job, you can live very well there - except for the horrible traffic.
A computer guy - not a brilliant programmer, but just a corporate hack, can make $15-20K a year there easily. This doesn’t sound like much, but he can rent a 3-bedroom apartment for $250-300 a month.
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