Statutory meaning (decided or controlled by laws) is the means by which people in the labor force in most other nations and perhaps all Industrialized nations,except the United States receive their annual vacation time. Why is statutory requirements an important fact when it comes to employee annual leave? Because the statutory requirement, requires all companies doing business in that country to comply with that basic law in order to continue to do business in that particular country. For instance even people who work at McDonald's in France are entitled to receive a minimum of five weeks of paid vacation time. (30 days with Saturdays but not Sundays counted as holidays) plus up to 22 days of RTT (Reduction of working time) for employees who choose to work more than the standard 35 hour work week with the limit being 39 hours. Further additional hours will be compensated monetarily.
In addition Bonus days are given to people who choose to take part of their annual time during the winter with one bonus day given for every three days taken during the winter time. The combination of all the rules could result in 9.5 weeks vacation time. To be fair I haven't as of this writing determined if these rules or any part of these rules apply to PART TIME EMPLOYEES. If any of you know for a fact one way or the other ,please enlighten me.
The point why I bring this subject up however, is for us to ponder how can (companies succeed) in a country and quite frankly 100s of countries who do the same, while claiming they will go bankrupt in America if America does anything like this. How can a country like France have a have an income tax rate bracket as of 2017 that looks like this,
1) to eu 9807 zero tax
2) eu 9807 to eu 27086 14 %
3) eu 27086 to eu72,617 30% Personal income tax is high but they get Universal healthcare. So they get something for their money. If there is no
healthcare and you
4) eu72617 to eu153783 41% you very ill, you loose your home and go bankrupt in America.
5) eu 153783 and over 45%
and a corporate tax rate of 33.33% .The corporate tax rate in the U.S with the G.O.P. Bill is close to France's so should we expect to see better social
reforms as a result? AT&T since the passage of the bill has announced some bonuses and firings.
While there a lot of factors to analyze when trying to compare the social apparatus of various countries I have only brought forth but a few. Others would be Median income and cost of living. The median income inf France as of 2016 was eu 42,992 while in the U.S it was $60,164
The cost of living excluding rent in France was 11.8% higher than the U.S. while rent was 28.23% lower in France as compared to the U.S. where one euro equals 1.19 U.S.dollars.
I only brought these later facts into focus was in the spirit of fairness to the two systems. These later facts really wasn't germane to my focus of this writing. My Focus is, Why are WE NOT GETTING WHAT WE ARE PAYING FOR? We are the RICHEST country in the world. WHY CAN"T WE AFFORD TO DO FOR OUR CITIZENS WHAT SO MANY OTHER COUNTRIES MANAGE TO DO WITH LESS? My God Afghanistan has STATUTORY ANNUAL LEAVE. The United Arab Emirates has STATUTORY ANNUAL LEAVE. Another question , why aren't more Americans angry. This is supposed to be a government of the people. But all we hear is let's give the poor Billionaires a well deserved break. Please let's talk fairly with one another on this one.
In addition Bonus days are given to people who choose to take part of their annual time during the winter with one bonus day given for every three days taken during the winter time. The combination of all the rules could result in 9.5 weeks vacation time. To be fair I haven't as of this writing determined if these rules or any part of these rules apply to PART TIME EMPLOYEES. If any of you know for a fact one way or the other ,please enlighten me.
The point why I bring this subject up however, is for us to ponder how can (companies succeed) in a country and quite frankly 100s of countries who do the same, while claiming they will go bankrupt in America if America does anything like this. How can a country like France have a have an income tax rate bracket as of 2017 that looks like this,
1) to eu 9807 zero tax
2) eu 9807 to eu 27086 14 %
3) eu 27086 to eu72,617 30% Personal income tax is high but they get Universal healthcare. So they get something for their money. If there is no
healthcare and you
4) eu72617 to eu153783 41% you very ill, you loose your home and go bankrupt in America.
5) eu 153783 and over 45%
and a corporate tax rate of 33.33% .The corporate tax rate in the U.S with the G.O.P. Bill is close to France's so should we expect to see better social
reforms as a result? AT&T since the passage of the bill has announced some bonuses and firings.
While there a lot of factors to analyze when trying to compare the social apparatus of various countries I have only brought forth but a few. Others would be Median income and cost of living. The median income inf France as of 2016 was eu 42,992 while in the U.S it was $60,164
The cost of living excluding rent in France was 11.8% higher than the U.S. while rent was 28.23% lower in France as compared to the U.S. where one euro equals 1.19 U.S.dollars.
I only brought these later facts into focus was in the spirit of fairness to the two systems. These later facts really wasn't germane to my focus of this writing. My Focus is, Why are WE NOT GETTING WHAT WE ARE PAYING FOR? We are the RICHEST country in the world. WHY CAN"T WE AFFORD TO DO FOR OUR CITIZENS WHAT SO MANY OTHER COUNTRIES MANAGE TO DO WITH LESS? My God Afghanistan has STATUTORY ANNUAL LEAVE. The United Arab Emirates has STATUTORY ANNUAL LEAVE. Another question , why aren't more Americans angry. This is supposed to be a government of the people. But all we hear is let's give the poor Billionaires a well deserved break. Please let's talk fairly with one another on this one.