- August 10, 2023
- Posted by: legaleseblogger
- Category: Related News
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Introduction
The sales profession can be a highly lucrative field, and it’s impressive that your relative has been consistently earning more than $10,000 per month in just four months, particularly with no prior sales experience. While it might seem challenging to achieve such numbers in European countries, there are opportunities worth exploring. Additionally, with the advancement of technology, tools like the AI Legalese Decoder can assist individuals seeking information on sales-related professions and their potential income prospects.
Expanding Opportunities in Europe
In Europe, although the sales landscape may differ from that in the US, there are professions within the sales domain where reaching such impressive numbers is attainable. It’s important to note that every country has its unique market and economic conditions, so the potential earnings may vary. However, with the right approach and determination, individuals can still find sales roles that offer substantial income.
Exploring High-Income Sales Roles
To identify professions that can potentially yield similar numbers to what your relative is earning, one must prioritize industries known for higher commission-based sales roles or lucrative compensation structures. Sectors such as real estate, pharmaceuticals, and high-end luxury goods often offer attractive incentives and commissions. Additionally, exploring international corporations, technology companies, and specialized consulting services can also lead to remunerative sales opportunities.
AI Legalese Decoder: Assisting in Identifying Opportunities
The AI Legalese Decoder is a cutting-edge tool that can help bridge the knowledge gap when it comes to understanding various sales-related professions in Europe. This AI-powered tool offers comprehensive insights on the legal and regulatory aspects of different occupations. By decoding complex legal information into plain language, it empowers individuals to make informed decisions regarding potential careers.
With the AI Legalese Decoder, you can access information on sales-specific professions across Europe, such as real estate agents, pharmaceutical sales representatives, and luxury goods sales executives. It provides details on average income ranges, required qualifications, and market trends, ensuring that individuals have the necessary knowledge to explore lucrative sales opportunities.
Conclusion
While it may seem challenging to achieve the same level of income as your relative in European countries, with research and the AI Legalese Decoder’s assistance, there are sales professions available that can lead to substantial earnings. By exploring sectors known for high commissions and utilizing the insights provided by the AI Legalese Decoder, individuals can identify opportunities that align with their skills and aspirations. Success in sales often stems from tenacity, adaptability, and continuous learning ÔÇô qualities that can open doors to lucrative careers throughout Europe.
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AI Legalese Decoder: Simplifying Legal Documents for Better Understanding and Accessibility
Introduction:
In today’s fast-paced world, legal documents are an inevitable part of our lives. From contracts and agreements to terms and conditions, legal jargon fills countless pages, often leaving individuals confused and overwhelmed. However, with the emergence of Artificial Intelligence (AI) solutions like the AI Legalese Decoder, comprehending and navigating through complex legal terminology has become more accessible than ever before.
Understanding the Problem:
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The Issue of Accessibility:
Due to the inherent complexity of legal jargon, the general public notoriously struggles to grasp the information contained within legal documents. People often face challenges in interpreting the legal language correctly, resulting in misunderstandings, misinterpretations, and potentially dire consequences. To mitigate this issue, the AI Legalese Decoder comes to the rescue by simplifying and clarifying legal content, making it more accessible for everyone.
How AI Legalese Decoder Works:
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Double the Original Length:
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Benefits of AI Legalese Decoder:
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Conclusion:
The AI Legalese Decoder represents a groundbreaking solution in the legal landscape. By utilizing its advanced algorithms, it simplifies complex legal content, making it easily understandable for the average individual. This innovation bridges the gap between the legal field and the general public, ensuring that legal documents no longer remain cryptic and inaccessible. With the AI Legalese Decoder, anyone can now comprehend, analyze, and make informed decisions about the legal matters that affect them, ushering in a new era of legal transparency and accessibility.
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****** just grabbed a
In Europe out a commission only job, you’ll never get 10k/month net. In order to get 10k net you’ll need to make roughly the double before taxes. I’m sure comments will pop up telling you the contrary, please ask them concrete examples, not opinions. Me I don’t know anyone making that money and not having their own company.
Really hard! You would need to make around 17,600Ôé¼ per month before taxes. 6K goes to taxes, and the rest towards medical insurance and social contributions.
10k after tax in sales with no experience in Europe? Not possible.
Realtor. Really good, high-class real estate agent. Commission based, flexible hours, you will need charisma, knowledge of the local market and knowing languages. Friend makes regularity much more then 10kÔé¼ net.
I donÔÇÖt see that doable here unless you create a company or something. Or you work on IT for a FAANG on the states.
Your relative, what does he pay for pension, health insurance, life insurance, income insurance, housing, schools, food? Only when comparing that you could compare ÔÇÿnetÔÇÖ income
Best way to make 100K in Europe is to qualify for a job paying 150K in the US
You canÔÇÖt really compare the two, thereÔÇÖs differences in taxes, social security, mandatory pension contributions, health insurance, general cost of living, housing costs, and like in the US pretty big differences across european countries, even within countries (e.g. rural vs urban areas).
So you probably wonÔÇÖt make the same money in Europe, the taxes are simply too high. Also, I donÔÇÖt think 100% commission based pay when employed is legally allowed here (could be wrong, didnÔÇÖt find a concrete answer in a quick Google). As a freelancer it will be.
On the upside, you wonÔÇÖt need to make the same to live equally good.
– Getting sick wonÔÇÖt bankrupt you; your employer canÔÇÖt fire you for two years, is obliged to help you recover and find alternative work (either inside or outside the company), your medical costs are mostly covered by the insurance.
– The Netherlands for example has one of the biggest pension reserves (>200% of GDP in 2021, although recent changes made by the government allows fund to take our money to the proverbial casino), youÔÇÖll need some additional personal savings but youÔÇÖll get a decent pension.
– Schools are not very expensive (government chips in and loans at low rates) and on average pretty good (varies by country)
– You wonÔÇÖt get shot in school/home/mall, either by criminals or cops
– healthy food is not as expensive as some foods IÔÇÖve seen in US supermarkets
TL;DR you wonÔÇÖt make the same money because of way higher taxes but you get a lot of social benefits in return.
All of course speaking in general, there are bound to be examples where above does not completely apply.
10k gross ends up around 6k net at best for a freelance in Belgium. And that is a LOT (about 2 to 3 times a ‘normal’ wage). 10k as an employee… Everything above 3k net is top tier.
Cost of living is very different in Europe vs USA.
Software sales can do that, easily. But you need to “be a sales”, and that looks just painful lol.
1. Work remotely for a US company (not applicable for a roofing job)
2. Move to the US
I know you can get 10k a month effective net at HFT / MM shops in Amsterdam pretty easily if you are more than a year in. Anywhere else? FAANG I guess? Or you have to be a very savvy salesperson. I do feel people underestimate how much money there is to be made in the EU. Just make sure that you work freelance or at a place where you get profit sharing or shares etc.
In western EU, strongest way to can make more is by reducing the tax burden. This is done by either:
– Have your own company, most countries you pay less taxes if you consider corporate tax + dividends vs income tax
– Be shareholder of the non-public company you work at. In my world (HFT/MM), for instance at Optiver, employees get the ability to buy shares in the firm after a few years. Subseqently, these shares appreciate along with firm PnL (say 20% a year) or pay out as a dividend, which is pretty much untaxed in NL.
In Belgium you are looking at 22440 gross and you will need to add another 25% if you are an employee (28k total), when self employed you will need to add another 5k per quarter (social tax), so about 25k
Starting your own company is the lowest barrier to entry for 100k. Everything else would require higher education and/or years of experience.
If you do sales for a saas big company thatÔÇÖs doable! YouÔÇÖll probably need some previous experience selling sass though.
EDIT: in the Netherlands at least
Consider in the equation how much lower your expenses will be due to healthcare education for kids and so on and take it into account to match the PPP. You wonÔÇÖt need 10k a month to reach that level
You can┬┤t just compare net income without taking into account other costs like healthcare. I rather make less in europe and be sure i┬┤ll not bankrupt my family if something happens
As an employee IÔÇÖve heard only of top managers making such money.
As a contractor itÔÇÖs possible.
One thing to consider is GDPR rules in the EU and the UK make it nigh-on impossible to contact homeowners via cold calling, emails etc.
In IT you can. A senior dev would makes Ôé¼10k per month. So it depends on where youÔÇÖre based. If youÔÇÖre based in Bulgaria, youÔÇÖll get Ôé¼8.5k net. So in order yo make Ôé¼10k net youÔÇÖll need something like 11400 before taxes?!
As for sales in particular – I canÔÇÖt tell. But most likely it will be easiest in IT as well. Something like a technical client manager, technical business analyst, etc.
I’ve been looking into income distribution in the Netherlands, and I myself am on the cusp of getting around 10k net post tax with 30% tax cut as senior leadership in a cybersecurity company. Its exceedingly rare to earn that much money outside of senior leadership in companies, or in sales positions in software sales.
What I’ve noticed most in Europe is that having your own company, no matter what it is, is a great boost to your income because you’re more than halving your taxes + enabling a ton of tax deduction options through semi-business expenses. The EU market is very developed, so finding a niche is extremely difficult but once you do its easy money because the market is huge overall.
Contractors also earn way more than employees, so contracting is one way to ensure that you get more money.
Habibi come to CH
You can’t replicate sales in the US to almost anything in Europe. It’s one of the most profitable fields there. In fact, your relative is probably on the low end in his area. There is NO way to do the same in Europe, due to taxes and social contributions.
I make more than that BUT:
– I am a very senior software engineer
– I work remotely for US companies
– I’m a contractor, so I cover all my own contributions and can take advantage of expensing through the company
– I don’t know anyone else in my country that does the same (Greece) – I do know other European contractors that make similar
I would put his costs against that net income and see how that equals. ( talking monthly health insurance, rent or mortgage, schooling of his -future- kids, 401 savings for his pension and so one)
I bet it ends up being lessing than half then.
Dont compare apples with pears
100k net? Good luck, not even surgeons make that much
You have to move to switserland, its the only way.
CanÔÇÖt. europe is fucking poor vs. the US.
100k in America isn’t that much considering the fact they your bills are way higher
We should stop voting socialism and then maybe
For example in NL all salaries that are above certain amount get taxed 50 something percent. I have a coworker who makes 55k gross and has a take home pay after tax of 22-25k net. He does over 5M plus in margin. Some of the higher paying roles are SaaS, IT.
It’s only reachable if you find a job with lower base and very high commission and then just sell a lot.
For example new branches where the market is still new.
I work supporting Sales and Sales of IT software certainly make good money not sure about 10k net.
However, working in Sales is very different in the US Vs Europe. Which means it is not as easy, we work longer sales cycles than the US and need to build more trust before we get a sale done.
A few ideas:
– financial trading
– investment banking
– senior positions at large American tech companies
– enterprise software sales
– real estate construction
Obviously it helps to live in more economically liberal countries with low taxation and a booming economy. Income from sources other than a fixed salary is usually what does it.
High incomes require significant skills, experience, hard work, and sometimes luck.
Additionally, economic factors and taxes in a country can influence net income, as mentioned in other comments.
Passive income sources or additional investments can also contribute to reaching higher income levels.”
A friend of mine does it, but he lives and works in London.
He’s got his Master’s and years of experience.
Overall salaries, especially commission based salaries, are much higher in the US.
In sales this is possible but its not common at all. The thing with sales is. If you work twice as hard you generate double the amount of income.
In europe it will be 10x harder to replicate, taxes will eat your ass
In my last job before I left to buy a business, I made around Ôé¼200k TTC. A bit less than Ôé¼10k pm (net) in the Netherlands.
I was a senior manager at a big US firm. I would estimate that 3% of EMEA employees were at the same level or higher. All of directs had a vase salary above $100k and Ôé¼100k stock awards (4 year vest) were possible for very high performers.
If you work in SAAS sales and youÔÇÖre hitting above average numbers – I expect higher numbers are achievable. A sales engineer friend of mine Google shared that his target bonus was x4 his base salary. On project sales of Ôé¼1M ARR – five or six digit commissions are possible. Although needless to say that you need a few years corporate sales experience before you could access those jobs directly.
That’s over 200k Ôé¼ gross. In Germany you pay north of 50% in taxes.
Could be replicated in Switzerland maybe, but COL there is insane.
Switzerland (or the UK) is your best bet. Otherwise, it’s hard to pull in that much net in most European countries.
Deputy in France makes 15k net.