As an aging guy, I'm also staring down the barrel of cross-party consensus on replicating the predatory US healthcare model in my country. I see what things look like in the States, and no thanks.
> While getting terminated is disruptive, it isn’t the end of the world for the typical American.
Whenever conversations like this come up, I feel the need to remind folks that most folks don't work in tech for colossal salaries. Around a quarter of Americans have less than USD 1,000 saved, most under 5,000.[0] No runway is the norm, I'd put that well above "disruptive" for "most Americans".
[^0] https://www.forbes.com/advisor/banking/savings/average-ameri...
It costs loads more to be poor than to have some money. You won't save money by buying up-front, if your credit is low you'll pay more than a person with more money, you miss payments and the late fees rack up, you overdraft and your fees add up, you can't go on autopay to save money because you risk going into overdraft, etc.
Maybe if the 1% didn't own 50% off all the resources (money) than poor people could find some money to save.
Having no income is the same as having no income. It matters greatly. But the manner in which it was lost does not matter.
I believe it’s the case that in some places, bureaucrats can basically just say “no” if you decide to lay people off. Why would you want to hire people in the first place if there were a risk of that happening, especially if you have the option to hire people in a different country?
It goes both ways: during that time, the employee too can quit with a reduced mandatory notice.
That only covers the "if that person ends up sucking" part though.
For the other "business falling apart", maybe they consider it’s part of the business owner’s responsibility to make sound business decisions when involving someone else’s livelihood. Just like when leasing a shop or taking on a loan.
What about running a tech startup with high chance of failure? Ever considered why they seem to be few and far between in EU?
That and other reasons (few vacantion days, request to overtime, etc) is why one should avoid American companies in Europe, if possible.
Trust goes both ways.
For now.
> The relative ease with which most people can get another job is also nice.
This seems unemphathetic. Even just for the tech industry, thousands of engineers have found it difficult to find new work after the layoffs of the previous years. Please do not extrapolate your experience of the ease of finding new work towards every other American.
> It is an economy that is structured under the assumption that people will move between jobs and minimizes the friction in doing so.
No. Even if you look at it from a process perspective, true minimized friction is when other countries goverments automatically deduct and manage your taxes when you move jobs, manage retirement funds and have socialized healthcare to reduce the stress and uncertainty during unemployment. You claim that "at-will" minimizes friction is a joke compared to those.
While getting terminated is disruptive, it isn’t the end of the world for the typical American. The relative ease with which most people can get another job is also nice. It is an economy that is structured under the assumption that people will move between jobs and minimizes the friction in doing so.
I have seen the “having a contract” thing abused many times in many countries in Europe. Thanks, but no thanks. I have had that contract multiple times and I don’t want that contract. That safety blanket comes with heavy chains. I’ve seen those contracts used to stifle far too many employees to condone it, employees deserve better.