Chasing the money: where to earn the most
Mercer's 2005 International Geographic Salary Differential Report (www.mercerhr.com) reveals that the United States has dropped out of the world's 10 highest paying countries. The depreciation of the U.S. dollar is an undoubted factor, but the unwelcome reality is that the United States only ranks 20th in terms of overall gross pay.
When all positions are taken into account-from management down to general laborers, the world's highest ranking country for pay rates is Switzerland. On a gross pay basis, nine out of the top 10 countries are in Western Europe, with Japan in Asia ranking fourth.
1. Switzerland
2. Germany
3. Denmark
4. Japan
5. Norway
6. Austria
7. Belgium
8. Ireland
9. Netherlands
10. United Kingdom
......
20. United States.
Mercer's 2005 International Geographic Salary Differential Report (www.mercerhr.com) reveals that the United States has dropped out of the world's 10 highest paying countries. The depreciation of the U.S. dollar is an undoubted factor, but the unwelcome reality is that the United States only ranks 20th in terms of overall gross pay.
When all positions are taken into account-from management down to general laborers, the world's highest ranking country for pay rates is Switzerland. On a gross pay basis, nine out of the top 10 countries are in Western Europe, with Japan in Asia ranking fourth.
1. Switzerland
2. Germany
3. Denmark
4. Japan
5. Norway
6. Austria
7. Belgium
8. Ireland
9. Netherlands
10. United Kingdom
......
20. United States.
