Benefits are actually quite generous and expensive when you want to hire top-tier talent. If you factor in good health insurance, payroll tax, 401k match, yearly bonus, various things like cell phone and internet paid for and random free stuff, someone costing 150k cost to me is more like a ~115k salary depending on the region, and of course taxes and retirement expense to the employee will reduce it to more like $70k take-home. But yes, still sounds good to Europeans.