Earlier quoted context omitted.
More often, you assert. But have you got any evidence to say so?
Can confirm, I run a business. The biggest expense to my company are the employees. All the regulatory requirements and bullshit that comes along with it, not to mention the risk of an employee suing the company for whatever reason. There's a lot of risk hiring employees, that's why I try to minimize the number of employees I have to hire, whenever possible.
Omaha man ‘liked’ a tweet, then lost his job
421–430 of 548 posts
Re: Omaha man ‘liked’ a tweet, then lost his job
#422Earlier quoted context omitted.
Every company tries to minimize the number of employees. But the fact remains that the employee always takes on more risk, as being fired at the wrong time, say during the crisis we just had, might end up in homelessness. Yet companies love to pretend they are the ones taking the risk and need the right to abuse employees, fire then at will, don't oay a living wage and all that.
That's because they are taking a risk. If you make it harder to fire people, companies simply won't hire them in the first place. The harder it is to fire someone, the more dangerous it is to hire them . The more cautious employers will be about hiring in the first place. This is a real problem in countries that have strict firing laws.
Sigh
Re: Omaha man ‘liked’ a tweet, then lost his job
#423Earlier quoted context omitted.
More often, you assert. But have you got any evidence to say so?
Can confirm, I run a business. The biggest expense to my company are the employees. All the regulatory requirements and bullshit that comes along with it, not to mention the risk of an employee suing the company for whatever reason. There's a lot of risk hiring employees, that's why I try to minimize the number of employees I have to hire, whenever possible.
Re: Omaha man ‘liked’ a tweet, then lost his job
#424Earlier quoted context omitted.
You don't have to empathize with a business owners. It's their resources at play. So they simply will do business elsewhere. I don't have to open an office in France. I just don't. It's too much hassle. I open it wherever I want. So if an employee loses out by not being hired by me (or I lose out by not hiring some French awesome person), then so be it. But the point is that the US environment is more friendly for bu…
I would like to see that poll because nobody I know would ever want to emigrate to the US, especially now with that idiot president you have. On the other hand I see a lot of refugees trying to get to Germany and Sweden which have at least the same if not stricter labour laws. Reading your comment I feel that you live in a really strange bubble which allows you to think like you do.
Re: Omaha man ‘liked’ a tweet, then lost his job
#425Earlier quoted context omitted.
>simply won't hire them in the first place Except that is simply not true, and very easily proven false simply by showing countries with actual employee protection and unions like e.g. Denmark.
The economist must consider both the seen and the unseen. Yes, people have jobs in Denmark 🇩🇰, but there are employment positions and opportunities that do not exist because firing regulations price them out of the market.
Re: Omaha man ‘liked’ a tweet, then lost his job
#426Earlier quoted context omitted.
It gets abused for sure, but more often, businesses get to fire bad employees, and this means they are more likely to give some people a chance who wouldn't get one otherwise. Hiring in certain countries is very risky, because it is so costly to fire a bad employee.
Which is why many companies don’t hire many people in France http://www.nortonrosefulbright.com/knowledge/publications/14...
Re: Omaha man ‘liked’ a tweet, then lost his job
#427Earlier quoted context omitted.
>simply won't hire them in the first place Except that is simply not true, and very easily proven false simply by showing countries with actual employee protection and unions like e.g. Denmark.
The economist must consider both the seen and the unseen. Yes, people have jobs in Denmark 🇩🇰, but there are employment positions and opportunities that do not exist because firing regulations price them out of the market.
But at will employment also imposes economuc costs, which economists don't really care to count, like economic security, health and psychological well being, mutual respect between companies and their public, and the opportunities to do stupid image damaging life-harmful shite like Marriot did to this man.
Re: Omaha man ‘liked’ a tweet, then lost his job
#428Earlier quoted context omitted.
Why is that reasonable when firing an employee (vs layoffs)? So a bad performing person now costs even more to get rid of? That might force the company to just keep them on and try to squeeze out some productivity, waiting until they just quit instead.
It's reasonable when firing an employee without cause . If a person is performing badly, document that and then fire them.
Re: Omaha man ‘liked’ a tweet, then lost his job
#429Re: Omaha man ‘liked’ a tweet, then lost his job
#430Earlier quoted context omitted.
No - because job availability depends on other considerations too. Strangely, European countries with more humane employment laws don’t have correspondingly higher unemployment.
At higher cost, less is demanded, and we tend to be loss averse. Driving up the perceived risk and thus the cost of firing bad employees unavoidably reduces the supply of jobs. No good or service is perfectly inelastic — certainly not employees.