Talent cutbacks are a loss of invested resources, and signals a failure to predict market trends. Sure it can also bump a laggard stock short-term, but ultimately signals other internal structural issues.
Good luck, =)
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Talent cutbacks are a loss of invested resources, and signals a failure to predict market trends. Sure it can also bump a laggard stock short-term, but ultimately signals other internal structural issues.
Good luck, =)
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As you so sarcastically point out, Americans give up many employment rights such as these. But it's not a one-way street. Being easier to fire makes American employees easier to hire, which is at least in part responsible for much higher pay in the USA compared to employee havens such as Europe. Furthermore, Americans tend to pay less tax. This isn't usually thought of as an employee rights issue, but in my mind, kee…
This is a refreshing comment to read. HN and Reddit discussions about employment in the US is often just a dumpster fire of "America bad", half-baked theories and observations from the perspective of the employee, where US workers have no rights and would be rioting in the streets if we hadn't been brainwashed by corporate media. Here on earth, what you wrote is much closer to the truth. The American economy is awash…
Every system could be improved and if you prefer one the other isn't by default inherently evil.
People within both systems can suck.
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> You should fight for some more rights, sometime What is the purpose of these 'rights'? As a software engineer in America, who's been laid off many times, I get (1) unemployment, (2) 100% free medical (few SW engineers apply, but most who are laid off would be eligible, if they cared),(3) a free vacation for however long as I want, (4) lots of savings because I make so much more than my European counterparts, and (5…
> been laid off many times How does one end up being laid off many times? Have you had a long career or do you specifically seek out high-risk high-reward jobs? Or just the roll of the dice?
Sometimes just a roll of the dice. Large companies tend to lay off more. If you've only worked in startups, it's very possible you may never be laid off. I've never been laid off despite working 20 years in industry.
Working in banks, FAGMAN, etc, you are much more likely to be laid off. I guess you could consider that high-risk, but those jobs are low-risk overall imo, because they pay a lot more than startups.
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>> (2) 100% free medical (few SW engineers apply, but most who are laid off would be eligible, if they cared) Could you explain this one? Do you mean via medicaid?
Good call. I assumed COBRA, which is not free but the company will sometimes cover the premia for laid-off employees.
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> You should fight for some more rights, sometime What is the purpose of these 'rights'? As a software engineer in America, who's been laid off many times, I get (1) unemployment, (2) 100% free medical (few SW engineers apply, but most who are laid off would be eligible, if they cared),(3) a free vacation for however long as I want, (4) lots of savings because I make so much more than my European counterparts, and (5…
Yeah those were great years. Now in case of a downturn you will lose it all, maybe when you need the most (old age). Let's not even get into the details of your "100% free medical". Rights enshrined by legislation are worth a bit more than individual agreements
My 100% free medical is enshrined by the law in my state, which sets the eligibility guidelines for medicaid. Please stop parroting misinformation and discouraging people from using the available welfare programs. So many people I've spoken with thought I was crazy for applying to medicaid and didn't do so themselves because they thought they wouldn't be eligible, but they would have been.
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As you so sarcastically point out, Americans give up many employment rights such as these. But it's not a one-way street. Being easier to fire makes American employees easier to hire, which is at least in part responsible for much higher pay in the USA compared to employee havens such as Europe. Furthermore, Americans tend to pay less tax. This isn't usually thought of as an employee rights issue, but in my mind, kee…
I’m not convinced Americans pay less in taxes. When you include state taxes, social security from the employee and employer, then it starts to look like much less of a difference. When you include health insurance and college education, Americans get much less value. I do agree with the first half of your comment. American labor laws make it easier to fire which allows employers to take more risk in hiring.
You can have your cake and eat it too. It's called the Danish model, although Denmark itself has an imperfect implementation of the model.
In the Danish model, it's easy to fire people, but the social safety net ensures that the employee doesn't get screwed if it happens. They don't lose their health insurance, EI is generous enough that it has minimal impact on their lifestyle, etc.
I especially like the very American "I ask that you refrain from discussing your termination with any social contacts made through your membership in the family [...] Failure to comply may result in your severance being terminated early or withheld entirely." In (most of ?) Europe, this severance is law and not debatable (as discovered by Musk recently), so this sentence would be outright illegal. You can talk about…
> You can talk about your salary with anyone you want, discuss it with your colleagues For all the other just absurd lack of rights employees have in the US, that at least is one that employees do have. Companies are legally _not allowed_ to stop you from discussing your salary with coworkers, or punish you in any way for you having done so.
This is well written and I agree that family is a very imperfect analogy for a working relationship. At the same time, some work situations are more or less family-like and it still pays to look for the "more." I've been lucky that 4 companies I've worked at in my life so far have been very "employee forward" - creating scenarios of employee growth and engagement (vs putting employees in the seat of powerless cogs).…
So creepy. It’s an employment contract, nothing more.
We had a great nanny for our son. She went above and beyond, treating him like a grandson. We went above and beyond for her (max flexibility, paying her days when she couldn't work, lots of bonuses and gifts, etc.)
Both of us exceeded the "employment contract" - gave more than we had to and we both came out ahead. That only worked because we were both willing to go beyond.
What's the point? We treated each other "like family" even though it was a work situation. When our son didn't need a nanny anymore, it didn't make sense for us to work together (so in a way, she was laid off although in reality we found her another gig) but that didn't take away from the quality of our relationship while it lasted.
This is directly analogous to employment dynamics I've had at work for 20 years now. You may find that "creepy" but I also suspect you are oblivious to what the upside can be like.
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I’m not convinced Americans pay less in taxes. When you include state taxes, social security from the employee and employer, then it starts to look like much less of a difference. When you include health insurance and college education, Americans get much less value. I do agree with the first half of your comment. American labor laws make it easier to fire which allows employers to take more risk in hiring.
If you live in the UK, income tax is 45%, and you still cannot rely on either of public education or public healthcare, at least if you want something of good quality.
Earlier quoted context omitted.
This is a refreshing comment to read. HN and Reddit discussions about employment in the US is often just a dumpster fire of "America bad", half-baked theories and observations from the perspective of the employee, where US workers have no rights and would be rioting in the streets if we hadn't been brainwashed by corporate media. Here on earth, what you wrote is much closer to the truth. The American economy is awash…
its always pretty shocking to me how much things turn into this weird us v them mentality when its really just two different systems with plenty of pros and cons. Every system could be improved and if you prefer one the other isn't by default inherently evil. People within both systems can suck.
I'm from Africa and both places are like heaven on earth in comparison.