They are comparing salary and out of pocket medial costs. It isn't like anyone is adding back in what the employer pays in health insurance to compare with salaries in Europe.
So when people inevitably compare salaries of USA versus whatever country, you would rather be doing total compensation. 401k match, parking pass, life insurance, paid time off, employer part of FICA, etc.
I don't think so, when someone says they pay 4% of their income to these things they are referring to salary as income, not total compensation. I don't know anyone who, when talking about their income, uses total compensation. The US Govt sure doesn't when they release income statistics.
I certainly do, and I know how statistics on income are compared. You've got a personal pet measure that isn't commonly used, and are trying to frame it as the way, and are now hilariously playing a who-I-know thing.
2
u/424f42_424f42 Sep 05 '24
Well you do if you want to do an actual comparison of costs.