Tuesday 20Th. Paro General/ Stay Home?

Rich One

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The Union leaders confirmed the Tuesday 20th. General Strike, no banking operations. They suggested for everyone to stay home?? Good Idea.

http://www.lanacion....a-plaza-de-mayo


Clarin reported that Hugo Moyano the CTA Union leader received, from his Diputado son, a copy of Jimmy Hoffa's biography* as a role model.!!!

(*The English Version, maybe never read the end) :D
 
I don't read Spanish that well and was not sure what it is over but I think wages or employment. I almost know too little still to be posting much about economics here in Argentina but still I am amused. It appears to me that the Argentina people are almost bereft of economic knowledge. (U.S. people are a close second, or maybe they are neck and neck).

Business people anywhere in the world have to make a profit or why risk their investment or their effort? Most entrepreneurs work between 10 and 18 hours a day so they are also investing their lives as well as their own saved capital. With most entrepreneurs, no one handed it to them on a silver patter.. The income of the business allows for only so much wages. If an employee has a legally mandated paid holiday every time you turn around, THAT comes out of THEIR salary in the form of reduced wages to cover all the holidays..It does not come out of the employer's pocket. Or if their employer has to pay so much a month if he lays them off, then that employee is consigned to a lower salary. It has to be that was for business to survive and be worthwhile. There is not an unlimited amount of funds.

So the Argentina employee is being cheated, actually by all the benefits and holidays. I never know when I go downstairs if all the stores will be closed!. That's how serious it is. All those holidays are costing them income. But still it appears that they will vote for the politician who does that to them. It's awesome.

Of course this is not true of all. There are smart Argentines here. But the above is my observation much of the time. I have Argentines come here all smiles because of some new benefit Cristina has provided. These are not poor people. They are tax payers. I love to bait them and press for an answer of exactly who is paying for it and you should hear the conversation that follows. When they get right down to realizing THEY are paying it is often interesting the reaction. But equally amazing is in just a few months if it comes up again, they have forgotten it.

Plus in the process they have to also pay,out of that the thieving bureaucrats that administer these programs. Does that make sense? It does to them.

There is nothing in this world more interesting than human nature combined with economics!
 
Although Argentines are getting a lot of public holidays these days, the avrerage worker only gets two weeks annual leave per year. It rises a little after 5 years of service.

In the EU the minimum entitlement to annual leave is 4 weeks.
 
Although Argentines are getting a lot of public holidays these days, the avrerage worker only gets two weeks annual leave per year. It rises a little after 5 years of service.

In the EU the minimum entitlement to annual leave is 4 weeks.

In the EU the Welfare State is in trouble, month vacation, 40 hour week, retirement 55, benefits is over for some ,Greece, Portugal , Italy?
 
Rich one, have a look at Netherlands and Germany....annual leave for me is quite reasonable in Arg and extremely unreasonable in the US.
 
In the EU the Welfare State is in trouble, month vacation, 40 hour week, retirement 55, benefits is over for some ,Greece, Portugal , Italy?

Holiday entitlements are not welfare benefits, the cost is met by the employer. The state pension age in Greece, Portugal and Italy is 65.

http://www.thisismoney.co.uk/money/pensions/article-1696682/Rising-retirement-ages-in-Europe-compared.html

Those countries are having financial problems because of the world recession and in some cases excessive borrowing, not due to annual leave the majority of which are paid for by private employers not the state.
 
Greek Debt: "quarter of a million dollars for each working adult."
Read this awhile back and the similarities between Greece and Argentina were a bit scary (inflation numbers, government borrowing...). If hurting for entertainment, may be worth read.

http://www.vanityfair.com/business/features/2010/10/greeks-bearing-bonds-201010
 
Although Argentines are getting a lot of public holidays these days, the avrerage worker only gets two weeks annual leave per year. It rises a little after 5 years of service.

In the EU the minimum entitlement to annual leave is 4 weeks.

As I point out every time, not only do they start out with their 14 days of vacation (10 working days), they also get on average 13 feriados a year + unlimited sick time (provided they have a doctors note) plus 10 study days a year if they're in school. And de facto 20-25% annual raises. And they work 8 hours a day. It's not exactly a bad gig being an employee here.

ETA - and don't forget the mandatory auginaldo or 13th month of salary.
 
As I point out every time, not only do they start out with their 14 days of vacation (10 working days), they also get on average 13 feriados a year + unlimited sick time (provided they have a doctors note) plus 10 study days a year if they're in school. And de facto 20-25% annual raises. And they work 8 hours a day. It's not exactly a bad gig being an employee here.

ETA - and don't forget the mandatory auginaldo or 13th month of salary.



It's no lie to say that it's been an embarassment explaining to our Chinese and Us customers why this year the offices are closed at least one day per week be that Bsa or Brazil. Added to citygirls points there's 2 weeks honeymoon time plus 2 days per every house move made. no matter how many times an employee moves per year and it genuinely feels like we are closed more than our European customers. An empoyee having a tooth removed and taking 3 days leave to recover??? The subte strikes, internet issues in the office, power outages...it's becoming increasingly inefficient to be in Bsas and more and more of our work is moving to Brazil and Spain...
 
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