Esim - Tip for the day: Purchasing Power Parity (PPP)
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Tip for the day: Purchasing Power Parity (PPP)



While finding a good job don't be fooled by high salary only. It can deceive you very well so don't be deceived! So, what to look for?
1. Real salary (salary after tax)
2. Gold price comparison
3. Monetary Market Stability
4. Daily usable Product Prices (at local market)

PPP is the combination of Real salary and Product Pricing. Rather than counting real salary in Golds PPP counts it in number of certain product can be bought from local market.

Example -
- A Economic Skill (ES) 4 worker can get 16.60 BDT
salary in Gift industry with 5% income tax. Salary after tax is 15.77 BDT
.
- If you put 15.77 BDT
at the top of the sell offer list you have to sell it at rate 0.0489 Gold
/BDT
.
- You will get 0.81174 Gold
as apparent salary but your real salary would be 0.771153 Gold
.

- In US the salary is 19.62 USD
with 12% tax 17.2656 USD
real salary. USD
selling rate is 0.0399 Gold
/USD
.
- You will get 0.782838 Gold
as apparent salary but your real salary would be 0.68889744 Gold
.

So in short,
- BD >> Apparent Salary = (16.60 BDT
) 0.81174 Gold
, Real Salary = (15.77 BDT
) 0.771153 Gold
.
- USA >> Apparent Salary = (19.62 USD
) 0.782838 Gold
, Real Salary = (17.2656 USD
) 0.68889744 Gold
.
so is ..
- Portugal >> Apparent Salary = (12.23 PTE
) 0.848762 Gold
, Real Salary = (11.007 PTE
) 0.7638858 Gold
.
- Poland >> Apparent Salary = (14.60 PLN
) 0.876 Gold
, Real Salary = (11.972 PLN
) 0.71832 Gold
.
So it looks like Poland is apparently giving the highest salary but real salary is highest in Bangladesh.

Now lets have another look at this. How many Q1 food can a ES4 worker buy from his local market?


BD >> 71.68
USA >> 78.48
Portugal >> 52.05
Poland >> 119.72

Well that's a problem! Even with low salary, you can live and fight better working and living in Poland. Bangladesh is 3rd here on the list even though the salary is handsome. Poland's apparent salary is highest on the list, real salary second lowest and yet PPP of Q1 food is way higher than others!



What about other products?
Q1 Gifts


BD >> 26.73
USA >> 17.2656
Portugal >> 7.64375
Poland >> 23.944
BD people enjoy gifts better than the others.

Q1 Weapons


BD >> 30.92
USA >> 32.57
Portugal >> 19.66
Poland >> 33.26
Apart from Portugal, other three are almost the same.

If you can arrange friends who would buy products for you from cheapest markets and sell you for golds on personal contracts then you don't need to worry about PPP. BD market is good for you (among the examples above, you do the rest of country calculations). Using tickets to travel and buy products from other places is not profitable at all.

Note: This article has showed just an example of how to calculate and find a good job. The example only involved 4 countries, Salary for ES4 Worker only and Q1 products. Salary at different ES Level varies country to country. Product price of different qualities also vary and currency exchange rates also change! Do your own math to find appropriate job for yourself.




So make more polish friends

-----------------------------------------------------------------------------------------------------------------------------

Edit: 30/11/2013
See - Product Price in Gold




Previous article:
New Taxation! Change in wage and price! (12 years ago)

Next article:
A very serious POLL - do participate. (12 years ago)

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