- May 28, 2024
- Posted by: legaleseblogger
- Category: Related News
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****** just grabbed a
When i moved here I got 0.5x my salary in the US for the same job.
Now, many years later and with the exchange rate, I make 0.33x what I would in the States.
Making USD here in Japan. It’s lower than being in the US but with the weak yen and cheaper goods/services in general it’s still a lot better to be here.
Pay cut 25%, happiness up 250%
Got 2,5 times here than my previous payslip
In my home country, my savings rate was about 75% before I came to Japan. Here, in Japan, my savings rate has fallen to about 65% in yen terms.
For me it is about the same on paper (from the US). But when you consider all the benefits: work pension, employment insurance, paid time off for childcare, health insurance, free healthcare for kids, lower cost of childcare here, bonuses and extra allowances for work-related equipment, it is definitely a better set up here. The health insurance system in the US, that alone is enough to make it better here. The US tends to just pay your salary, maybe offer a low standard health insurance plan (with high deductible) and you are basically on your own for everything else. Childcare leave there is shameful.
I make the equivalent of 100k€ here at the current rate. The going rate for my position in France would be maybe 60-70k€, then more than half would go to taxes and cost of living in Paris is super high.
It’s possible to hit above 100k€ for an engineer IC like me in very few top companies but you’d be competing with a lot more people than on the Tokyo bilingual engineer job market.
I’d be making more back in my country of origin, but my lifestyle, workload, and purchasing power is a metric fuckton better in Japan
I make a bit over 6 times in my home country compared to japan. Different industries, but 6x has allowed me to build an asset base.
If it was like for like industries it would be about 4x
For my job, actual salaries are publically available in some states of the US. My exact job in the US would be 3x. But, lower cost of living here makes up for it somewhat.
Gross salary is kind of useless to compare because cost of living, exchange rate, and taxes vary. Disposable income you net after paying to maintain a similar lifestyle compared to back home is what matters.
US
13 mil yen annual gross
3 mil yen net
Japan
8 mil yen annual gross
1.5 mil yen net
Even though it is a lower amount and savings rate, I’d still pick Japan to live in.
Could transfer back to home country with the same company and instantly get 250% raise with lower taxes by the next paycheck.
Cost of living is much more expensive of course but you can live cheaper, you can’t pay less taxes.
I’d be making maybe 300% more in my home country. I can’t decide whether or not I want to move back, since I also value Japan at roughly the same 3x multiplier
When I came it was 1.5 times. It’s backslid since in relation to the US even though my salary almost doubled here over the years.
Stunning when considered in full.
Japanese company/local wage = 1x (30 year career)
US Based Company/Japan localized wage = 1.5x more (5 year career)
US Based Company/US based wage = 10x more (25 year career)
Three different people, but it similar roles in the same field/project. Granted, there is some exceptionalism here, as for the most part, there is little reason for a company to pay a Japan based employee at US based wages for the same role unless they are exceptional.
Although I would say one reason I don’t like these polls as they are averages… My recommendation is to not strive for the average.
When I came, it was almost like 1.5X in Japan..
Now it has become the same as I would make in my home country.
Still, Japan has its quality of life and other benefits which home country doesn’t, so…..
I make twice as much doing the same job
I make about 10–20 times what I’d make in Japan, but I’ve been fortunate with stock compensation.
Making 16% of what I made in the US in tech.
😐
It did not translate. I started working for a different company here, so it was not the same work.
I moved to Japan pretty much out of college, so it’s hard to say. But for someone with my skills and experience, I guess I can max out at 25% my current salary in Japan, but a more realistic number would be 20% what I’m making.