Furthermore, historically countries with strict labor laws suffer from high unemployment and low wages. It's amazing that governments don't look at this when creating legislation. For example, I worked for a major financial institution back in New York, everybody had 401K and profit sharing, and stock option purchases, from the cleaning staff to the execs. When my department closed down, they paid small severance packages to everybody, but everybody got to keep their profit sharing contributions which were 100% employer funded. Some people who where there a good number of years walked away with 6 figures. I would much rather have my money given to me freely by an employer than being forced to pay me an indemnization. I've never heard of any employers here offering 401K or profit sharing, and I am sure thats because they have the government's and union's hands around their neck making them pay this and that so they are not willing to pay any extra money to the employees voluntarily.