> Then that country would become an extremely unattractive place to hire employees
Works fine for France, it's very hard to do layoffs there, to the point that a common myth is that they're illegal there. 7th largest GDP. Unemployment rate is at 7% (about 2x the USA), but it's also not the existential risk it is in the US - you are given 75% of whatever your pay was for up to 2-3 years.
> Massive incentive to do whatever you can to only use contractors or whatever. Somehow classify your employees as self employed, something like that.
Going back to France, they'll fine the hell out of a company that did that. Misclassifying your employees to abuse the system is enforced there.
As an American, I am extremely jealous of France's employee protections. Even the most leftist states like CA pale in comparison to the protections the French have.
I think you have a bit of a rosy view here. It works, but there are serious downsides.
Salaries are low, unemployment was high for a long time (and still is, especially for the youth), companies make massive use of contractors (via big consulting companies) and getting a permanent contract is very difficult (without which getting a mortgage is pretty much impossible).
Once you have your permanent contract, it's fine, but for newcomers to the job market, it's hell.
I have a close friend who works for a largish French company and runs their engineering team. They are expanding their engineering team and are considering anywhere but France. The statistic I was told is that the non-salary costs for an engineer in France are so much higher that the equivalent person in NYC would be 40% cheaper. London is even better and is likely where they are going to land their new tech hub.
Works fine for France, it's very hard to do layoffs there, to the point that a common myth is that they're illegal there. 7th largest GDP. Unemployment rate is at 7% (about 2x the USA), but it's also not the existential risk it is in the US - you are given 75% of whatever your pay was for up to 2-3 years.
> Massive incentive to do whatever you can to only use contractors or whatever. Somehow classify your employees as self employed, something like that.
Going back to France, they'll fine the hell out of a company that did that. Misclassifying your employees to abuse the system is enforced there.
As an American, I am extremely jealous of France's employee protections. Even the most leftist states like CA pale in comparison to the protections the French have.