Why the same company has different salaries

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SUMMARY

The discussion centers on the significant salary disparities between Intesa SanPaolo employees in Italy and the United States, with U.S. salaries reportedly three times higher. Participants attribute this difference to economic principles, including supply and demand, cost of living, and the capitalistic system in the U.S. The conversation highlights that salaries are determined by what companies can afford to pay to attract qualified personnel, reflecting broader economic conditions in each country.

PREREQUISITES
  • Understanding of basic economic principles, including supply and demand.
  • Familiarity with the concept of cost of living and its impact on salaries.
  • Knowledge of the capitalistic system and its influence on wage structures.
  • Awareness of regional economic differences, particularly between the U.S. and Italy.
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  • Research "Supply and Demand" in economic theory.
  • Explore "Cost of Living Index" and its implications on salary differences.
  • Study the "Capitalistic System" and its effects on wage determination.
  • Investigate regional economic disparities within Italy, focusing on northern vs. southern regions.
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  • #31
Nobody denies the fact the differences exist, listing more examples won't change that. It will also not help you understand why it works this way as long as you will not try to learn about the basics. If you are expecting a short answer - it doesn't exist. The most basic reasons were already given, but to fully understand what it is all about even majoring in economics might be not enough.
 
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  • #32
I not searching the reason why a complain pay more then another.
I expected answers like: In the US the medical insurance cost a lot...or fruits and vegetables cost or..something like that.

Anyway it seems the opposite situation, the petrol cost less in the US then in Italy.
 
  • #33
Grands said:
I not searching the reason why a complain pay more then another.
I expected answers like: In the US the medical insurance cost a lot...or fruits and vegetables cost or..something like that.

Anyway it seems the opposite situation, the petrol cost less in the US then in Italy.
Too difficult to understand what you try to say here and of what you want to know.
 
  • #34
I'm trying to say that maybe the salary in the US are bigger because cost of living "maybe" is higher, but I noticed that last the petrol for cars cost less than in Italy, that is about 1.40 euros per liter.
 
  • #35
Grands said:
I'm trying to say that maybe the salary in the US are bigger because cost of living "maybe" is higher, but I noticed that last the petrol for cars cost less than in Italy, that is about 1.40 euros per liter.
These can be complicated things but we seem to be back to Supply & Demand, and Cost of Living. Maybe talking about climate is easier than talking about economics among different countries.
 
  • #36
The petrol cost more in Italy because of the excise of the government, this is something I know why.
This is why we use diesel, and...it is still more expensive then fuel in the US.
 
  • #37
Grands said:
The petrol cost more in Italy because of the excise of the government, this is something I know why.
This is why we use diesel, and...it is still more expensive then fuel in the US.
Maybe I'm in Italy and maybe I am not in Italy. Do I pay the same price for petrol as you do? How do we know how to relate our prices for our petrol?

...and then, WHERE in Italy? Does one region have several urgent road-work jobs to do and raises tax on petrol in this district to help pay for this road-work? This way, motorists in this region may be paying a higher price for petrol than in several other districts in Italy.
 
  • #38
Grands said:
This mean that in Italy there are a lots of people that can do the same job ?
That's too vague a statement to be useful.

Part of what is frustrating about these qustions is that you seem to be doing a lot more asking and a lot less thinking than you should. A lot of this stuff you could figure out yourself if you put more thought into it.

Like you should be able to figure out why it is necssary to sell a product at about the same price everywhere (especially within a country or region), but worker pay can be very different. There are differences between a person and an ipod that have a big impact and should be obvious!
 
  • #39
Grands said:
Anyway it seems the opposite situation, the petrol cost less in the US then in Italy.
That's mostly set by government taxes, not economic forces.
 
  • #40
Grands said:
@russ_watters I think I get it, it's because US produce more then Italy and sell more things?
No. It feels like you are losing track of or changing your question.
 
  • #41
Since this thread has run its course, its time to close it.

To @Grands: this is an apples and eggs question that cannot possibly be answered here at PF. You are comparing different regions of the world, different govts, cultures and companies. If you feel you are in this situation then perhaps its time to find a new job rather than find reasons to convince your current employer to pay you more. This is the basis of economics which is at the heart of the question and its eventual solution.

I know some folks here in the US wonder why one tech company pays so little and another so well. It often has to do with how well you bargain when you get a job. If you try to bargain for more pay in a small company and they begrudgingly give it to you then you will find that you will have to repeat this fight over and over (and it will get painfully harder each time) or move onto to a better paying company.Everyone's experience is similar but unique.

There are many good responses here in this thread and we thank all who participated in this discussion.

Thread now closed.
 
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