11–20 of 144 posts
Working 72 hr/week while making $200k/yr is only $53/hour.
To get to $80/hour would require a salary of $300k. $100/hr is $375k. Oh, and taxes because not an owner of capitalist assets.
Businessmen in Spain sees the worker as another machine in the factory and a lot of them work actively to fired the workers that try to unionize. I talk from experience having worked in 2 some what small (50 to 150 workers), family-owned companies, where in one, the union representative was the son of the owner and in the other there wasn't any union because 2 years before I entered, the person who tried to create a union office in the company was fired and reported to the police with false pretences.
You have exceptions of course but the vast majority are very very conservative with ideas between right wing or extreme right wing.
My opinion is that the wealth, like in any place, is very very bad balanced. Studies are viewed as useless, because they won't give you a good job or because there are some part of society that sees them as something not cool. We don't have a solid STEM-based industry like for example Germany or France. Also, We are highly dependant from tourism, being tourism the largest sector in our GDP (in some regions is the 25% )and we don't re-invesment that wealth in R&D, which is arround 1,25%.
Plus political instability from various populism movements is the perfect mix for a country stuck in time. Without any project of future.
It seems that we're slowly heading to a place where salaries are going to be much lower, because of less working hours and loss of the kinds of jobs that paid a good living wage. Or those same jobs will just pay a lower salary. It could be good or bad. The good part is, less buying. Less shopping. Smaller homes. Lower needs. etc. The bad part, all of that part of the economy that was depending those incomes is going…
Simultaneously, there are fewer jobs due to automation.
Wages will continue to decline with an oversupply of labor.
A couple of years ago my girlfriend came from Spain to live with me in Germany and got a job. After the first day she came home at 10:00 pm (work ended at 6:00 pm). I was worried that they were making her work to hard the first day, but when she came home she told me she just stayed late doing nothing for the new boss seeing her put in the effort... That really really reminded me why I left Spain to work in Germany. I just do not get that kind of attitude, when I confronted her about it she told me that this behavior was expected in all the places she worked at. Leaving early (or even on time), even if you are effective and have done you work is frowned upon by both coworkers and managers. Paradoxically people might even consider you lazy.
So I am really expectant to see how this experiment turns out and if it achieves a change in mentality or if it is just a way to spend tax money and make some “friends of friends” rich as politicians like to do in Spain by subsidizing companies that once the state money runs out go back to normal.
Oh, beautiful Spain, playing experiments with an unemployment rate of 16.13%... I love how my country hugs the poverty closer and closer each year that passes by.
It seems that we're slowly heading to a place where salaries are going to be much lower, because of less working hours and loss of the kinds of jobs that paid a good living wage. Or those same jobs will just pay a lower salary. It could be good or bad. The good part is, less buying. Less shopping. Smaller homes. Lower needs. etc. The bad part, all of that part of the economy that was depending those incomes is going…
It seems that we're slowly heading to a place where salaries are going to be much lower, because of less working hours and loss of the kinds of jobs that paid a good living wage. Or those same jobs will just pay a lower salary. It could be good or bad. The good part is, less buying. Less shopping. Smaller homes. Lower needs. etc. The bad part, all of that part of the economy that was depending those incomes is going…
I've been working 4 days since 2006, when our first child was born. I don't see myself going back to working 5 days a week, even when the youngest one is older. I get to spend more time with our children, and when they're in school (I'm off on Wednesday) I have the entire day to myself. It's totally worth the pay cut! Fun fact: 50% of employed people here in The Netherlands are working parttime in some form.
Earlier quoted context omitted.
Well, with a reduced work week, some jobs ( mostly service jobs that need to provide full coverage) would require more workers to cover the whole week, so i really don't see the issue here with regards to unemployment.
Less working hours per person definitely means more workers are required in order to fill a given amount of work hours. I'm not sure it's viable in today's financial climate, but I guess we're about to find out.