Despite the general online sentiment, it's important to realize that the average American makes an absurd amount of money compared to their global peers. Even adjusting for PPP and other factors, average disposable household income for the US - a nation of 340M people - blows the doors off Luxembourg, Switzerland, Norway, etc. [1].
What's more though, median disposable income per capita ALSO places the US at the very top in the world, which is super impressive.
All of this is to say that the US is actually a very wealthy place for the white collar worker demographic, so companies need to pay high salaries to attract employees.
What's more though, median disposable income per capita ALSO places the US at the very top in the world, which is super impressive.
All of this is to say that the US is actually a very wealthy place for the white collar worker demographic, so companies need to pay high salaries to attract employees.
[1] https://en.wikipedia.org/wiki/Disposable_household_and_per_c...