>Heck, I personally know a FANG who was forced to pay overtime for oncalls in europe while US workers only get the pager app and the shaft.
It does not follow that it leads to greater disposable income. Retail workers in the US also get paid overtime yet their disposable income is nowhere close to that of exempt (no overtime) programmers. Basically, with the tax rates in most of Europe, one's disposable income would be less even if the nominal income had been as same as in the US but it is not even close so you are, at best, misinformed when you think you get greater disposable income.
> It does not follow that it leads to greater disposable income.
It wasn't supposed to. It was suppose to point out a concrete example of how stronger worker protection leads to being paid fairly for the work you do, while US workers are not.
Meanwhile, feel free to check how any FANG salary for software engineers in places like Seattle compares with the cost of living, and how the salaries for equivalent positions in European cities like Amsterdam, which also has a notoriously high real estate, lead to higher disposable income.
As someone who's always heard that US pays much better but never verified it, this was interesting to look into.
According to levels.fyi, 90th percentile in the Greater Seattle area [0] is $344-363k USD while 90th percentile in the Greater Amsterdam area is $162-170k USD [1]. Taking the mid point of both ranges, you make 2.13 times more in Seattle before tax. After tax, you get $244,933 in Seattle [2] and $118,078.95 in Amsterdam (with requisite conversions from/to USD when using the linked tool) [3], bringing the difference to 2.07x more take-home in the US.
The next step is to compare cost of living. I don't know which source is most reliable, and not all sources include international cities, but a Reddit comment suggested Numbeo so that's what I went with [4]. It reports that local purchasing power in Amsterdam is 18.1% lower than Seattle, while categorized prices in Amsterdam are anywhere from 18.8% (restaurants) to 39.3% (groceries) lower in Amsterdam. So it seems you would need to have to be paid quite a bit more than 50% of your US total compensation to achieve the same standards of living.
I'll spare the details because I didn't look too deeply, but I also did look into the cost of major purchases that people value - houses (3 beds) and cars (specifically the Polestar 2, which is an EV more on the luxury side). These things are definitely not half as expensive in Amsterdam as in Seattle.
So, I can only conclude that US workers do end up with higher purchasing powers despite less worker protection. While European workers do get a lot of benefits, many I probably don't even know about as I don't live there, Big N-tier companies (besides Amazon) usually have generous benefits like employer-paid health insurance that lessen the gap in benefits somewhat.
It does not follow that it leads to greater disposable income. Retail workers in the US also get paid overtime yet their disposable income is nowhere close to that of exempt (no overtime) programmers. Basically, with the tax rates in most of Europe, one's disposable income would be less even if the nominal income had been as same as in the US but it is not even close so you are, at best, misinformed when you think you get greater disposable income.