It adopts the European Labor Standards Act, which guarantees dismissal and even a 52-hour workweek regulation, and cannot cherry-pick…
It adopts the European Labor Standards Act, which guarantees dismissal and even a 52-hour workweek regulation, and cannot cherry-pick American-style performance pay. (The American style also does not assess contributions individually and simply hit a fixed percentage of operating profit.) Our workers insist that they freeze wages during recession and sometimes see wages cut, but the American style fires one-third of their employees during recession. It is not the kind of peaceful job market we think of. Conversely, wouldn't shareholders insist that the Labor Standards Act adopt the American s…
The excerpt is quoted from a public Telegram channel, which owns its text.