Re:Europe is now a corporate also-ran. Can it recover its fo...
by thow-01187 on Saturday June 12, 2021 @04:21AM
(#27482686)
Yes, vacations are financed as a hidden tax on normal working days - the worker pays for it from his labor cost. What exactly is the problem with having 10% lower salary in exchange for 10% more time? How is it supposed to be a drag on business formation? btw, LLCs are a possibility everywhere
Every EU country I've been to has a concept of probation periods - during the first ~3 months, the employer can freely terminate the new employee, or at least choose not to extent his contract. Also, collective dismissals are about equally as difficult in most of the EU than in the US (1)
What is unarguably easier in the US is to capriciously fire an individual on the spot for trivial reasons. I wouldn't call that a feature, though
Every EU country I've been to has a concept of probation periods - during the first ~3 months, the employer can freely terminate the new employee, or at least choose not to extent his contract. Also, collective dismissals are about equally as difficult in most of the EU than in the US (1)
What is unarguably easier in the US is to capriciously fire an individual on the spot for trivial reasons. I wouldn't call that a feature, though
(1) - https://stats.oecd.org/Index.aspx?DataSetCode=EPL_OV