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1114 points namuorg | 1 comments | | HN request time: 0.213s | source
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abdj8 ◴[] No.43678249[source]
Layoffs are a difficult thing for employees and their managers. I have seen people (one was a VP of Engineering) escorted out of the building, sent in a cab to home along with a security guard (this was in India), not allowed access to computer or talk with other employees. But, recently have had a very different experience. The current company I work for announced 30% layoffs. The list was made public within one hour of announcement. The CEO detailed the process of selecting people. The severance was very generous (3-6 months pay) along with health and other benefits. The impacted employees were allowed to keep the laptop and any other assets they took from the company. They even paid the same severance to contractors.

After the announcement, the laid off employees were given a few days in the company to allow them to say good byes. I love the CEOs comment on this ' I trusted them yesterday, I trust them today'. This was by far the kindest way of laying off employees imo. People were treated with dignity and respect.

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apexalpha ◴[] No.43678562[source]
Weird, as someone from Europe I've never experience anything else.

Layoffs here are always done in conjunction with the unions. People are moved to different jobs, helped with training etc...

Only in very critical jobs they'd walk you out immediately but then you still get the pay.

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wiseowise ◴[] No.43679117[source]
> Weird, as someone from Europe I've never experience anything else.

As someone from Europe, I’ve never experienced US salaries. Go figure.

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WhrRTheBaboons ◴[] No.43679258[source]
what about US costs of living?
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blacklion ◴[] No.43679860[source]
What about European taxes? I', paying 48% + there is 21% VAT on almost everything. Plus taxes for water (taxes, not pay-per-used-m3, and this payment is here too), energy (atop of market energy prices), roads, gasoline, etc.
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icameron ◴[] No.43680237[source]
Slightly tangential question for you- does 48% taxes include healthcare? How about pension? It’s tax week in the US, I think my rate was 22% overall. But another 10% of compensation is health insurance. Another 15% is retirement savings. My municipal water bill last quarter mostly was not for actual water usage (about 40% was for water) rest is system charge and storm water fees. Regarding the VAT thing… we may be effectively getting the equivalent with tariffs on goods and materials supposedly taking effect!
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j-krieger ◴[] No.43683991[source]
German here. Me and my employer pay 12 (together) for healthcare. I have no clue where the idea of „free“ healthcare came from, but it’s far from free. 20% of your wages is the general rule for healthcare here.

On paper, my employer pays me 72k per year. I net 36k of this after taxes and social insurances are paid.

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1. Muromec ◴[] No.43684840[source]
Laughs in 150 EUR per month of basis zorgverzekering from the bottom of the sea