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How happy are they working that extra 25%? They are richer, sure. But I don't think being rich is an indicator of your overall state. Looking at [1], you can s
by webaholic 10y ago
How happy are they working that extra 25%? They are richer, sure. But I don't think being rich is an indicator of your overall state.
Looking at [1], you can see that people in european countries come out on top of the happiness index. One could argue that working less is actually better for productivity and overall happiness.
[1] http://www.bloomberg.com/news/articles/2015-04-23/these-are-the-happiest-countries-in-the-world http://www.bloomberg.com/news/articles/2015-04-23/these-are-...
- mbillie1 10y agoIt's almost like working 60+ hour weeks churning out CRUD apps to get a rich person richer isn't the secret path to happiness or something.
- johndevor 10y agoHold on, I need to write that one down...
- oblio 10y agoIn your CRUD ToDo app?
- criddell 10y agoI feel like you're judging me and my app.
- oblio 10y agoOf course I am, I'm European!
- whamlastxmas 10y agoThis is a CRUD app safe-space.
- eeZah7Ux 10y agoShocking how people accept that.
- charlesdm 10y agoShocking how average people accept the salaries they make and tax rates they pay.. smart people know better.
- toomuchtodo 10y agoIndeed. Just think of the social safety net and universal healthcare we could have in the US if we taxed the highest marginal income rates appropriately. EDIT: And how much more holiday/vacation time we'd have if it was mandated at the federal level.
- antisthenes 10y agoYou need to tax wealth as well, not just income. Accumulated wealth is what results and continues the inequality, not incomes.
- aianus 10y agoWhat kind of wealth is currently untaxed? Stocks or bonds => income tax + capital gains tax Real estate => property taxes + capital gains tax Cash => taxed by inflation Metals => capital gains tax
- barry-cotter 10y agoThat will disincentivise investment and encourage consumption and emigration once you've made your pile.
- saiya-jin 10y agothat's very socialist approach - excessive taxation on everything only gives rises to tax havens for wealthy ones. who would be targeted is not truly wealthy, but say upper middle class which isn't rich enough to use these kind of services, they are the ones spending most on services, which keep blue collar jobs, like it or not. This layer of citizens is necessary for healthy function of any society. If you strive to destroy them via excessive taxation (ie move them to low middle class over time), you are hurting economy in long run. Don't forget truly rich have plenty of completely legal companies that advise them how to 'optimize' their taxes. Companies smarter and better equipped than your average lawmaker. I mean look at the presidential candidates - obviously both are doing it. Everybody rich is doing it.
- mtberatwork 10y agoThe amount of time spent commuting certainly doesn't help either.
- wldcordeiro 10y agoCommute time should really be considered part of work. I wouldn't be making the trip if it weren't for going to the job so why shouldn't it be considered work hours?
- massysett 10y agoBecause you have considerable influence over how long your commute time is. I can choose to live in a tiny apartment across the street from my job and walk to work, or I can choose a large house and drive 50 minutes to work. That's a personal decision. The worker who chooses the 50 minutes isn't entitled to anything more than the one who lives close by.
- DesiLurker 10y agonot really, once you have kids in picture its a whole different math. also the whole buying vs renting thing. to drive the seriousness of this home, Elizabeth warren did a study back when she was a prof & found that for every 10 point deviation from median in school performance house prices went up by 20 points.
- wldcordeiro 10y agoYeah the amount of influence you have is very minimal, especially when you consider changing jobs, are you supposed to move each time you do? I think that is an often claimed adage (like the whole trickle down effect one) that is much less true in reality.
- massysett 10y agoDon't change jobs then. You have that choice. There are jobs I will not accept because the commute is not acceptable to me.
- therealdrag0 10y agoHow common is this really? I've worked at three companies. One big, one small, one medium. And at all of them I work around 40 hours making 6 figures, and feel like I'm working more than everyone else at the company. Where are all these 60+ hour workers? Are they making even MORE money?
- anotheryou 10y agoOr more taxes do good for the community, there are a lot of factors...
- AlexeyBrin 10y agoIn most cases is not like they (the Americans) have a choice to work less hours. Vacation time in North America is significantly under the European norm.
- creshal 10y agoWe have more (paid) vacation and more public holidays and sick leave is both paid for and not counted towards the vacation budget, and more maternity/paternity leave, and some countries have extra leave for things like family funerals. It's not hard to "work less" like that.
- wil421 10y agoI have all this things in the US. Sick leave is not counted in my vacation. Maternity leave is much longer than paternity. And is paid for in full at my company for a time. FMLA allows 12 weeks total but it can be unpaid. The main difference I've seen with the Europeans I work with is, they take big chunks off at a time in summer. They pay more taxes but have more time off. Most likely don't get full pay for Maternity/paternity leave.
- roebk 10y agoIt's great that you have all things things, but are they standard in the US? I think that's the main issue here, that as a baseline, europeans tend to get more time off.
- snovv_crash 10y agoI haven't seen any US companies offering 25 days of paid vacation a year, plus unlimited sick leave (doctors note required for more than 3 consecutive days), plus extra days off for personal emergencies eg children sick, death in family. All the money in SV could never make me go there if I never have time to spend it.
- wil421 10y agoA quick google search and I can't find many places in Europe that offer 25 days, not including the national holidays. If I include national holidays I get 22 days off. No set sick days unless you're out for more than 5 consecutive days. I'm not sure why you'd move to SV, startup life's seems like hell.
- mcv 10y agoThat's exactly it. Dutch workers apparently work the least number of hours per year, yet Netherland is one of the richest, happiest and most productive countries in Europe. The country where people work the most hours in the EU is Greece. (I realize this Bloomberg article has slightly different figures than the one I remember from another study. Maybe they used different ways to measure this, maybe the situation changed. I think the former.)
- deleted 10y ago[deleted]
- dilemma 10y agoIt seems more interesting to ask Are they any more productive? Even if American companies are more productive, can that be attributed to longer working hours? I'm guessing not, because it is the job if the organization to make its workers more productive. The individual, being locked in his position, has little leverage on his productivity.
- bluetomcat 10y agoHow do you measure productivity in an information economy? A failed startup may have been very productive at churning out code at an astounding rate, but the problem it tried to solve turned out to be irrelevant, so all that productivity went into the trash. When talking about the correlation between productivity and the overall efficiency of a society, we always have to know whether the end goals succeed in delivering real value to the society. Otherwise, we are busy, advancing nothing.
- big_youth 10y agoStudying the charts, only 6 counties exist in both info graphics. Some observations; Switzerland is the happiest country but works the second most hours Belgium works the third least hours and is at 19 on the happiness chart * The US is still in the top 15 happiest countries
- V-2 10y ago> How happy are they working that extra 25%? Is it even measurable? Some try. According to https://en.wikipedia.org/wiki/World_Happiness_Report https://en.wikipedia.org/wiki/World_Happiness_Report Americans don't do badly - on par with Germans (who are close to the top as far as Europe goes) and ahead of the UK, France, Italy, Russia (to name the 5 Europe's major economies).
- AdmiralAsshat 10y agoLeaving aside Wall-street the Tech Bubble where people work grueling hours in the hopes of becoming a millionaire, the rest of the US works grueling hours because they need to in order to eat, pay their rent, etc. Telling someone who is working 40+ hours in order to make ends meet that they need to "work less" is tantamount to telling them to become homeless and destitute.
- sharemywin 10y agoThe point to a more progressive tax system. If the goal is to maximize a number(GPD) then a less progressive tax system makes sense. If the goal is to maximize "total human happiness"(could use a better term here I know) you need a more progressive tax system.
- adrianN 10y agoI think the effects of the tax system on GDP and human happiness (defined how?) are still an open research topic.
- abysmallyideal 10y agoThat is not true. Some tech people go in hoping to be millionaires, but the environment is extremely cut throat, esp with competition like India with billions of people keen on dominating tech, as well as Chinese skill. Many of the tech people end up competing to stay afloat, and to eat the weakest dog in the pack just to stay in that arena. Silicon Valley and Seattle/Redmond are probably the most cut throat areas you could work in. It gets really nasty there.
- st3v3r 10y agoI don't think people would be telling them not to work; more they'd be telling their bosses not to be such cheap asses.
- criddell 10y agoWhat surprises me the most is how much paid vacation time goes unused.
- eric_the_read 10y agoIt used to be the case that you could "bank" unused vacation-- often indefinitely. When I started with HP in '92, there were engineers that saved up literal months of vacation time, and would then take it all at once to go spearfishing in the Bahamas or what-have-you. Then when the .com bust happened, everybody started tightening their balance sheets, and huge piles of unused vacation time was an easy liability to get rid of. So they reduced the max vacation accumulation to 3 or 4 weeks over your yearly accrual in a year (but left you what you had, so you wouldn't gain new vacation if you were at the cap, but you wouldn't lose it either). Then they tightened further, so you'd only accumulate 2 weeks, then 1 week over your yearly allotment. It's possible that habits built when vacation was easy to hold on to die hard.
- coldtea 10y ago>How happy are they working that extra 25%? They are richer, sure. But I don't think being rich is an indicator of your overall state. They aren't that richer either -- if anything the majority is less rich in standard of living than most western European and nordic countries. Getting some more money in your salary is not worth much if you have to give most of it to medical coverage and basic services.
- friendlygrammar 10y agoGDP per capita in the US is more than 25% greater than Europe.
- ryandrake 10y agoWhich has what to do with standard of living?
- friendlygrammar 10y agoActually, standard of living is pretty heavily tied with gdp per capita, but I'm pretty sure we are talking about which country is richer not standard of living.
- jacquesm 10y agoOnly if the GDP is spread out equally. Income in-equality is a fine way to mask poverty in spite of a huge GDP.
- e12e 10y agoHow so? If you take a "cake" of 100 units, let 99 people share 1, and give 1 to 1 person. Then most people have 1/99 units. If your cake is 85, and you give everyone an equal share, everyone has a 85/99 units. Now, the situation in Europe is probably more like having 2 people split 60 units out of 85 - but that still leaves "the rest" way a head of those that only get 1/99...
- billmalarky 10y ago
- wmccullough 10y agoI'm about to turn 31, and I make a decent salary as a Senior Software Engineer. I'm deeply considering going to live on a few acres and go full subsistence to avoid this rat race. Software isn't fun anymore, our generation probably won't retire. The worst part is that crippling medical bills and college loan repayment are destroying us financially. I think I'd be happier surviving what I can do myself than to keep doing this bullshit much longer.
- kasey_junk 10y ago> I'm deeply considering going to live on a few acres and go full subsistence to avoid this rat race. Software isn't fun anymore, our generation probably won't retire. Have you ever actually worked on a farm? Its not fun either, its actual hard work. Most farmers don't retire either. The historical way this worked was as you got older your family helped more on the farm until one of them took over. You worked till you died though. > The worst part is that crippling medical bills and college loan repayment are destroying us financially. You think your medical bills are bad now, wait until you start dealing with industrial machinery and hard work. Not to mention the fact that your insurance will come out of your pocket directly instead of being employer provided. Your college loans are a pittance compared to what it would cost to buy an economically feasible farm in the USA right now. > I think I'd be happier surviving what I can do myself than to keep doing this bullshit much longer. I'd recommend trying it for a summer before you burn your bridges in Software (which for the record, might be the cushiest way to make a living of all time).
- deleted 10y ago[deleted]
- wmccullough 10y agoSo thanks for the lecture, but yes I actually have. I like communicating with people, so please don't patronize me as if I'm some child. Try actually having a dialog. Source: grew up on a farm. I have no desire to sit in a "cushy" job just because it is one. That lifestyle may be harder, but I strongly suspect I'd get to the end of my life with less regrets about the whole thing.
- smrtinsert 10y agoWhen I think of my european colleagues I'm always struck by a little jealousy. They enjoy an unbelievable quality life. They seem to be on vacation all the time and their cities are incredibly pleasant. The US has so far to go. There is no meaningful comparison that can be made by using currency.
- wott 10y ago> They enjoy an unbelievable quality life. They seem to be on vacation all the time and their cities are incredibly pleasant. Er... I think you accidentally dropped a bucket of green paint on the other side of the fence :-)
- saiya-jin 10y agoamount of vacation guaranteed by law is minimum 20/year, most have 25. in US this is considered as a special perk from what I heard. how about maternity leave, social support during unemployment, sickness and so on? Normal americans travel very little before retirement, they just don't have vacation for 2 or 3-week holidays every year, plus more for family visits, christmas etc. I travel consistently +-7 weeks per year, since I take my vacation when public holidays happen. Having 100% perm job. How common is this in US? In France, you can have up to 10 weeks of paid vacation (that's a bit extreme, but they are western europe commies after all). Not sure about pleasantness of the cities, each is different, but one feels generally safer here.
- Acanthae 10y agoI've noticed some people just plain don't understand this mindset. My boyfriend was offered a higher-paying job in a state with lower cost of living but didn't take it. This was an absolute affront to some people we know, because we were turning down "more money!!" We live more-than-comfortably and are able to save and make stupid impulse buys occasionally. We genuinely love where we live and are happy. For us, it seems just as insane to jeopardize that just for more cash and cheaper rent prices.
- SmokyBourbon 10y agoThere's more to living than being happy. A shallow, narcissistic life is not better than one with purpose and meaning.
- m0llusk 10y agoHappiness and even satisfaction are shallow metrics that make wanting to always take on new challenges with real risks seem like an optimization failure.