this post was submitted on 22 Aug 2023
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Dam dude.
I mean, for us it's normal so hard to describe. I guess no one has a constant fear of being laid off out of the blue? And even when a business goes under, they have to pay severance, or in some cases redundancy pay.
Businesses get in real big shit and it's front page news if they are found to not be paying their employees properly. Like massive fines on top of having to cover the missing pay, and potentially even jail time.
There's a certain amount of annual leave time that is accrued which can only either be taken as leave days or paid out. Apparently in the US they can just reset your annual leave.
Medical insurance isn't very common here because we have public healthcare. We also get 10 paid sick days per year (it was 5 before covid).
With all of these burdens on businesses, they still seem to be doing just fine.
Yes, sure but.. let’s take a look at CEO pay. Are your CEOs paid 100x more than the highest paid (underling) employee at that company? If not, that’s not the american way! Your businesses are still in business likely because CEOs there consider workers to be a valuable asset. In america, CEOs consider themselves to be the most valuable asset. We would need to decrease their pay to something more reasonable like 10x the highest paid (underling) employee at the company. Until then, we’re all easily replacable.
Severence is nice but in most cases you have to sign an NDA saying that you won’t discuss your severence or your time at the company, and that you won’t paint them in a bad light.