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> That’s unfortunate but that’s what you need to handle if you are an employer. 100%, and we managed because I had taken into account all of that stuff. But pe
by wesammikhail 7y ago
> That’s unfortunate but that’s what you need to handle if you are an employer.
100%, and we managed because I had taken into account all of that stuff. But people cant claim that this place is great for business while exposing startups to these massive risks.
> I’m not sure how you ended up managing a company with several employees while seeming surprised by the labor laws in the countries where it operates?
Plenty of these laws came to me personally as a shock because it isn´t really easy to know all of your obligations ahead of time especially when there are thousands of things to take into account.
It saddens me to say this but every time I hire someone I have to put aside 125% of their salary aside for both employer taxes as well as a "rainy day fund". Imagine claiming that such a place is business friendly. That´s my beef, nothing else.
- herbstein 7y ago> every time I hire someone I have to put aside 125% of their salary aside You can't answer if that is unreasonable unless you compare to other countries. As an example, in the US you would have to also pay for health insurance. And if the employee were to get sick they might still not see a doctor immediately because of the premiums, leading to further time off.