Not being paid the full value of you labor is not a perk. It’s not a benefit. It’s a way to pay you less while making you think you’re getting more out of it. Like getting health insurance from your employer in the US. It means you can’t quit a job you hate, because what if you get sick?
If the value of the meal vouchers X, and taxes on that in real money would be Y, employers should just pay Z=X+Y. If employers want you to have an additional €40 in you bank account at the end of the week, they should pay you whatever is necessary to get you net €40.
Why? Thiw is a way for employers to give you a lil extra tax-free, to pay for things everybody has to pay for: food.
If they have to pay their eployees Z they will be more expensive to the employer has to raise prices on their products/services.
Had that perk working full time in the US for my whole adult life.
Mean very little when one medical emergency leaves you 5-10k in the hole and you have to take out loans against your 401k to cover expenses.
You're not wrong there.
My hubs company has good health insurance plus that 401k match up to 6% and an extra 2% on top 😮 Guess what, It's privately owned so there's no shareholders to appease. 🤔🤔🤔
I've never even heard of a company doing all of that before so ?
Obviously, you have to have profits but they focus a lot on the employees needs with other stuff too. They don't have to do that.
They don’t have to have profits. Profits are theft. Money stolen either by not paying an employee the full value of their labor, or by charging the consumer more than the commodity is worth. Almost universally both.
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If they have to pay their eployees Z they will be more expensive to the employer has to raise prices on their products/services.
The shareholders will be thrilled.
Mean very little when one medical emergency leaves you 5-10k in the hole and you have to take out loans against your 401k to cover expenses.
My hubs company has good health insurance plus that 401k match up to 6% and an extra 2% on top 😮 Guess what, It's privately owned so there's no shareholders to appease. 🤔🤔🤔
Obviously, you have to have profits but they focus a lot on the employees needs with other stuff too. They don't have to do that.