691–700 of 936 posts
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Those are all good arguments for voluntarily paying for severance, or to agreeing to such a payment upfront in the employment contract. But they are no reason to legally require severance pay.
I agree completely unless required by law.
Voluntary severance payment and contractually agreed ones are fine, if people want those.
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Gardening leave is quite common in the US. No sure whether the term itself is known, though? Paying out a notice period is very different from severance pay. I can assure you that AirBnB does not have a 14 weeks notice period. (American companies also pay you out the notice period, and some send you on gardening leave, if they want you out of the office. But notice periods in America seem to be generally shorter, lik…
There is no right to the notice period in the US. They can fire you on the spot.
Most contracts with a notice period still allow the company to just pay it out and send you home on the spot.
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You literally can. Are you being facetious? What's going on with this discussion?
Try to go build your factory on top of an existing factory. I suspect someone will stop you.
But really? The thing most preventing you from starting a factory today is... because you can't find the land? Alright then.
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Like the car? Volkswagen is twice the size of Microsoft by revenue. I'm going with the OECD definition here: https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htm
The car was invented in the 1800s, and has seen mature competitors in many other countries like Japan. In the current century, Tesla is the auto giant leaving behind all the legacy manufacturers while also branching into energy products. Pivotal products are a better milestone than vague estimates of R&D spending.
Tesla sales are a fraction of any of the big three in terms of sales or revenue.
They sold 192,000 vehicles in the US in 2019. Each of the Big Three sold well over three million.
Tesla currently loses $2500 on every vehicle they sell
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The car was invented in the 1800s, and has seen mature competitors in many other countries like Japan. In the current century, Tesla is the auto giant leaving behind all the legacy manufacturers while also branching into energy products. Pivotal products are a better milestone than vague estimates of R&D spending.
That is a...wildly imaginative take. Tesla sales are a fraction of any of the big three in terms of sales or revenue. They sold 192,000 vehicles in the US in 2019. Each of the Big Three sold well over three million. Tesla currently loses $2500 on every vehicle they sell
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Nobody is stopping you from owning a factory. The workers are also free to leave anytime without any notice or responsibility to the employer. This is a flexible arrangement for both parties that focuses on individual freedom and responsibility. It also helps make it easy for entrepreneurs to start companies and create jobs in the US and is a direct reason why we don't see the same innovation in regulation-heavy regi…
Sweden and Germany, for example, are heavily regulated but have more innovation in terms of GDP% than the USA. If you're talking about why we don't see more visible commercial innovation from European countries then it's more about access to the enormous amounts of capital to build a big name startup like Uber etc. Nobody notices the legions of small bootstrapped or seed to profitable software businesses across the E…
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Zurich and London top out at $100k, any more and we're talking managerial responsibilities. Compared to SF or SEA they are only paying ~25% market rate. The safety net argument has no legs. Australia and Canada both have social benefits that far exceed the majority of EU nations, yet pre-pandemic there was no shortage of $150k+ dev roles.
I had an offer in London as a dev in finance at ~300k GBP total comp and a Series B startup offer over 100k GBP and that was more than 4 years ago. Ended up going with a much smaller seed-stage company in Berlin because I couldn't stomach the finance people and liked Berlin.
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It's really strange to me that companies in the US can just determine how much severance they're "willing" to pay. Why is it even up to them?
I mean, as an American... I'm not even sure why companies give severance pay in the first place. It doesn't feel like something they should be obligated to do.
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(not the parent) I would think that since innovation and growth (caused by innovative use of resources or increase in efficiency or novel products and services) in general should be relative to the population and its state to begin with, nominal GDP growth per annum would be a reasonable metric as a proxy for the wildly non-measurable "innovation in terms of GDP"; for reference, here's the data for 2018: USA: 2.9% Ca…
No need to approximate: https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htm Germany is at 3.4% of GDP spending on R&D and the USA at 2.8% France is also right up there at 2.2%