Kein weiterer Kommentar von meiner Seite, wenn Sie schon seit einiger Zeit Teil dieses Reddits sind, Sie haben meine Meinung zur Kaufkraft der Gehälter von Finanzexperten gesehen.
https://www.reddit.com/gallery/1t6atkd
Von Aggravating_Board650
Kein weiterer Kommentar von meiner Seite, wenn Sie schon seit einiger Zeit Teil dieses Reddits sind, Sie haben meine Meinung zur Kaufkraft der Gehälter von Finanzexperten gesehen.
https://www.reddit.com/gallery/1t6atkd
Von Aggravating_Board650
16 Kommentare
linkedin should be thrown to vulcano, absolute garbage of the website
In the LinkedIn bubble. Doesn’t matter that that the source is unreliable, the data is wrong or that it’s all bullshit. They just want “engagement” to get more reach and feed their very own narcissist.
Lemme guess… minimum wage earners who live in FR/BE/DE aren’t accounted for in the LU figures?
While living in Luxembourg is high in terms of rent / real estate, I still have a strong sentiment that purchasing power is higher than some other places.
High salary and proximity to different countries that are more affordable is playing a key role.
It does not solve all issues including commuting but with a minimum salary that is almost twice what you get 50km further away. Purchasing power is increased, especially if you are mobile.
This doesn’t align with the CSL’s figures (a mean salary of roughly 5k)
That looks strange indeed, Luxembourg 3x France, hum…
But Luxembourg is on top regardless of that if I look at the ILO statistic.
https://ilostat.ilo.org/blog/the-true-value-of-a-paycheck-understanding-ppp-adjusted-income-statistics/
It’s mostly boomers who want to build some sort of clout in LinkedIn by throwing around buzz words like GDP/capita, lived reality is kinda different for most people out here
This is surely household income and based on mean salaries rather than median which would be more representative.
Europe (and particularly Luxembourg’s) adjusted PPP is very high vs US due to ‘social transfers’ such as healthcare, childcare, education and free public transport.
This LinkedIn post is 100% ai generated
The 9.3k salary, is it with us here in this room?
3,5 in Greece??😂😂😂😂 not at all!
What’s the PPP adjustment in this case? Presumably it’s in comparison to the USA, in which case our lower living costs are increasing the number. $9.3k is €7.9k. The mean salary in Luxembourg without PPP adjustment is €5.6k/month which implies a PPP multiplier of 0.71. According to the world bank the correct multiplier is 0.83, so yeah this graphic is bollocks. The correct number for Luxembourg would be €6.7k ie $7.9k.
Well the figures are accurate. It takes some digging around but the Luxembourg 2024 PPP figure there is on the ILOSTAT website.
Accurate doesn’t mean not misleading, but the visual there is not factually inaccurate, it even specifies that it’s taking data from different years for different countries.
[https://rshiny.ilo.org/dataexplorer61/?lang=en&segment=indicator&id=EAR_EMTA_SEX_CUR_NB_A&ref_area=LUX](https://rshiny.ilo.org/dataexplorer61/?lang=en&segment=indicator&id=EAR_EMTA_SEX_CUR_NB_A&ref_area=LUX)
It’s people working in the European institutions & NATO contractors, who pay no state income tax who inflate the housing costs in Luxembourg. Finance jobs pay about €85k gross on average, depending on age & experience, just over €7k Gross a month. So the comment that the Lux finance sector is the fundamental factor justifying the manipulated first place is delusional…!
LOL @ Belgium average salary. It is fake as hell
Wow people really don’t understand the concept of ppp in here