11 12 / 2018
‘Methinks you are engaging in hyperpole…20 hour workdays? Really? Perhaps you would prefer the 35 hour French workweek…and their 70% tax rate. I have been an exempt worker thru-out most of my work life. In white collar, non exempt professional jobs, one gets comp time for overtime worked. You know, with the US economy doing so well, there are lots of other opportunities around. Look for something else.‘
Well, I am just one anonymous blogger talking to another. You don’t have to believe me, or agree with me. However, 20 hours a day is what investment bankers work, routinely. Of course, they are paid 300K a year for it and up, so nobody is shedding tears for them. They don’t have to do it.
I worked in management consulting, also with very good pay, 16 hour days were a norm. Again, sure you are “free” to quit, or to take a lower paying job with more reasonable hours, which I eventually did.
Also, if you are pregnant and don’t like the lack of maternity leave in the US, you are “free” to quit and starve, I guess.
As for hyperbole, 70% is the top tax rate in France, in the US it is 40%, plus all kinds of other taxes on top like property, sales, state etc, which also come up to a pretty high number if you are a high earner. For all the talk of Europeans paying too much in taxes, at least they get something in return. We pay high taxes too but have nothing to show for it.
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