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What I learned getting acquired by Google

shreyans.org

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Re: What I learned getting acquired by Google

#531
post #434
post #271

Earlier quoted context omitted.

This is in Europe: https://arstechnica.com/space/2023/11/contractors-accuse-eur... A very similar-sounding caste-system. Europe’s great and all but it isn’t Utopia.

Legally speaking, ESA is not in Europe and is not obliged to follow any nation's law.

Much like NATO.

Re: What I learned getting acquired by Google

#532
post #388

Earlier quoted context omitted.

No. Just look at taxes as a percentage of GDP and you can see EU taxes are 50%+ higher than even CA. Then add on top the lower wages.

Do you include that housing prices, health care, and university fees are all much lower in continental Europe?

Plus, there is more to a society and economy than SV style start-ups.

Re: What I learned getting acquired by Google

#533
post #222

Earlier quoted context omitted.

At least with regard to 1099 vs W-2, a huge amount of this is due to IRS rules.

I had the same two-caste system enforced in European office of US company. Legally it was a local company with parent in US. But anyway, "food is only for employees". Funny enough, even student who was there for 20 hours per week and did anything but work was allowed to eat. This is a cultural thing.

It is a legal and cost thing. Said student is directly employed, the contractors have an employment contract with the agency. And those agencies are used to reduce costs, hence no sponsored, free or discounted food.

Re: What I learned getting acquired by Google

#534
post #521

Earlier quoted context omitted.

They also pay lower taxes than everyone else and so on. The best thing about ESA is that it sucks and doesn't actually accomplish much, so hopefully they stop this scam.

Euclid isn't an achievement?

For the money we pump into it, it's not much of an achievement. We didn't even launch it.

Re: What I learned getting acquired by Google

#535
post #534

Earlier quoted context omitted.

Euclid isn't an achievement?

For the money we pump into it, it's not much of an achievement. We didn't even launch it.

And SpaceX didn't build it... Strong statement so of calling Euclid not much of an achievement after it being up there for a couple of days only.

I am honetely to lazy to look up a list of ESA space missions for you, Wikipedia might have a decent overview so.

Re: What I learned getting acquired by Google

#536

Earlier quoted context omitted.

I'm sorry, I don't think you have sufficient perspective on what middle class life is like in France to make this comment with any justification. French taxation is incredibly complex and heavy on the middle class. It is financially unfeasible for most middle class households to pass down their homes to their children due to the estate tax kicking on assets over 100,000 eur. There are many unhoused people spread acro…

It is financially unfeasible for most middle class households to pass down their homes to their children due to the estate tax kicking on assets over 100,000 eur. That seems OK to me. Why should children who are lucky to be born into a stable middle class family have a large financial advantage over other children? To be clear, passing down an entire home tax free in a highly developed nation is a huge financial adva…

You know, it's interesting. 100,000 eur really isn't a lot of money. I wager decent houses probably go double or triple that. Still, an entire life savings would most likely go into paying for that. Decades of labor in a country with small salaries and large taxes. 100k is nothing. Comparatively, to the rich that dominate the socio-economic and political landscape, it's probably a fun weekend vacation somewhere. I think that's what you dread: The rich that can afford to live lavishly. But you're harking over the barely haves, the not rich.

It's interesting.

A country with dwindling birthrates far below replacement levels perplexed by the fact that its people are refusing to father the next generation when they can't even provide a home for them. (It wouldn't even be tax free, by the way. Because the original proprietors bought and paid taxes on the house. What you're suggesting is double taxation :))

But it's okay. France has solved that problem: Make it illegal to take statistics on ethnic origins, let the poors of the world come flood your land, let them work for lower wages, and then act surprised when their culture is fundamentally incompatible with yours. Your streets are now unfamiliar. Unsafe. Dirty. They don't share your values of cleanliness and respect. Your freedom of expression. Don't worry. Their children won't be able to inherit their homes either. That's fine with them though: because they'll send their money back to their homelands where they can build villas with it, (or comfortably live in a ghetto squalor in Paris because it's still better than the conditions back home.)

Re: What I learned getting acquired by Google

#537
post #446

Earlier quoted context omitted.

> or do you want Google or whoever to start hiring cooks themselves? Yes? Whats wrong with hiring a cook if you need to cook?

Because Google has no idea how to manage or hire cooks?

Google's first chef Charlie Ayers was hired way back in 1999

https://en.wikipedia.org/wiki/Charlie_Ayers

Re: What I learned getting acquired by Google

#538

Earlier quoted context omitted.

The most profitable consulting-type businesses have profit margins >=50%, before distributing profits to equity holders. But either way I'm not sure about your implicit assumption here that the profits should be comparable to the pay of the employees.

Hey, you began your comparison with the most profitable consulting firms… 2 things - 1) Accenture has an EBIT of 20%. 2) The tippy top of the consulting pyramid plays on branding in a way that the average firm does not. The VAST majority of service driven firms will not become McKinsey etc. making this a poor comparison Finally - I doubt that the top firms have those margins, I would most definitely like to be correc…

In my previous service company, we aimed for 10%, which was considered the norm. However, we were particularly bad at achieving this, with only 8-9%, though we did have a good atmosphere and happy employees

Re: What I learned getting acquired by Google

#539

Earlier quoted context omitted.

Every US company. European companies somehow have contractors without caste system. Obviously there are different policies for internals and contractors, but fruits and pizza are for everyone in the office.

Which is because it is extremely rude, like meanest of meanest, to not share food with each other. Like, of all mean but not illegal things you can do to contractors, not sharing food is probably what people consider the worst. Small every day things are way more provocative than abstract things like retirement funds or whatever. Been there. Done that. The FTEs got strawberries. I didn't. I don't think I have been th…

I don't get it. Why would you be pissed if those were the rules of the company you were contracting to? As a contractor you get paid more than the regular employees because you take on a greater risk (such as being fired at any moment without any explanation) and you do whatever you're told. If you don't like it you can always look for another client. My point being you can't have your cake and eat it too. Does it suck sometimes? Yes. But such is contractor life.

Re: What I learned getting acquired by Google

#540
post #271

Earlier quoted context omitted.

This is in Europe: https://arstechnica.com/space/2023/11/contractors-accuse-eur... A very similar-sounding caste-system. Europe’s great and all but it isn’t Utopia.

Different treatment is a thing. But I couldn't imagine someone is ESA will say fruits and pizza are for employees only. Please leave the room while your coworkers eat.

I don't think it is illegal. And they can fire on the spot the contractors who have silly objections about this.

It feels like contractors forget they are contractors...

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