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Joined 5 months ago
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Cake day: February 14th, 2025

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  • CompactFlaxtoMicroblog Memes@lemmy.worldMicro-retirement
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    18 hours ago

    Agreed.

    The way I think it should be is:

    • mandatory 25 days of vacation, plus statutory holidays
    • mandatory vacation is subtracted from any performance targets (i.e. it is accounted for in business planning and not offloaded to the employee)
    • vacation beyond that is unlimited, but may impact your performance
    • major anniversary events within the company grant paid leave of absences

    To the last point - I don’t recall which company it was - I have seen one where after a certain period of service your granted a 3 or 6 month leave of absence to go do something else. Travel the world, get really deep into Japanese joinery, or build a new version of DNS. I think that’s something that is healthy for humans.


  • CompactFlaxtoMicroblog Memes@lemmy.worldMicro-retirement
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    21 hours ago

    Unlimited PTO is an accounting dodge because PTO shows up as a liability on the books if it is defined, because if they liquidate the business they need to pay it out in lieu. And number doesn’t go up.

    Which is why they also don’t allow carry-over in most cases.











  • Income taxes (and also sales taxes, in most cases) disproportionately impact lower earners. Someone earning minimum wage likely devotes the majority of their income to cost of living essentials. Conversely, someone earning 10x minimum wage will spend a much lower percentage.

    The exclusion level generally is set quite a bit below minimum wages, and the a progressive tax doesn’t always fix that, as cost of living/inflation can outpace legislation very quickly.

    The other reason that it’s not entirely fair is that the wealthy don’t earn a salary. They earn dividends and do all kinds of things to avoid having an income. Someone who pulls down $1 million in salary either needs an accountant or earns an additional 10x compensation via stock grants, dividends, etc., which are (in most jurisdictions) taxed very differently than income. In the USA, for example, the top tax bracket (federal) for income is 37%, whereas a stock grant held for 1 year after vesting would be taxed at no more than 20% (and I’m grossly oversimplifying).