Relations between German employers and employees are extensively regulated under German labor and employment law. German labor and employment law is strongly biased in favour of employees and is probably best referred to as the “employee protection law”.
U.S. Cities With the Friendliest Neighbors
From Florida to Hawaii, these cities take care of each other.
Do you have good neighbors? While some people out there barely see or speak to the people dwelling in the next house or apartment, there are some places in the U.S. where community and neighborliness is paramount.
A recent Housing and Urban Development study showed that while neighborhood crime rates are lower in the U.S. than they’ve ever been before, strong community bonds are closely associated with safe neighborhoods where people have a sense of community well-being.
So, where can you find these safe, friendly neighborhoods? A storage company called Neighbor, which is basically the Airbnb of storage companies, recently analyzed and compiled a list of the top 25 cities that pride themselves on looking out for each other, doing favors for one another, and generally acting like good neighbors in a traditional sense.
Money is not everything
Do you want to pay your employees a bonus? Beware, this might not be a good idea: Studies show that extra money can hurt employee motivation and job satisfaction.
What is the ideal salary? Even if funds were unlimited, pinpointing the ideal salary would be difficult. The first intuition is: the higher the salary, the better the work results. But studies show that the connection between compensation, motivation and performance is much more complex. In fact, there is some evidence that people would not be happier in their jobs if they had control over their salary.
Don’t overpay your employees!
What drives employees? There are many answers to the question: Responsibility is one thing, appreciation is another. And money? Not so important. More salary can even be dangerous.
According to the motivational pope Sprenger, money can trigger a flash in the pan motivation. “The half-life is usually no more than 48 hours,” says the management consultant. Happiness researcher Ruckriegel is a little more optimistic: “Once the basic needs are met, it takes about two to three months for the employee’s expectations to adjust and for them to be just as satisfied as they were before the salary increase.”
In the long term, however, there is a risk of dramatic consequences from excessive financial generosity. According to Sprenger, it increases the stimulus and expectation level and can thus trigger a real addiction to rewards. Ruckriegel also warns: “You always have to push more, but at some point the end of the road will be reached.” And the higher the starting salary level, the lower the impact on productivity and the higher the greed. Because then the main thing is to earn as much as possible more than the others.
Persistence
Jeff Bezos. Founder of Amazon. About the importance of remaining persistent.
Engineer salary in United States
The average salary for a engineer is $57,342 per year in the United States. 8k salaries reported, updated at December 25, 2022
Electrical engineer salary in U.S.
The average salary for a electrical engineer is $85,818 per year in the United States. 11.8k salaries reported, updated at December 25, 2022
Why I left my tech job
Tech jobs are known to have some of the most lavish benefits and perks, not to mention some of the highest salaries in the country. Still, that is not enough to keep some millennials from quitting. CNBC Make It spoke to several people who left their lucrative tech jobs to find out why they did it and what they are doing now.
YouTube comments:
“I am 50 years old working in the high tech industry, mentally tired and sick of the weekly 8 to 5 routine. Never got a proper day off even through the pandemic. Hats off to the millenials and GenZ that think differently and put more weight on LIVING rather than just WORKING.”
“As someone who used to work 80 hours a week, quitting my job to become a freelancer was the best thing I have ever done. Sure I still work a lot of hours and often close to 70-80 hrs a week, I feel like I am doing this for myself and not some corporation.”
“I worked a low paying tech job for six years and still felt the burn out. The problem is that tech is very fast paced and competition focused. You can barely keep up. Though I got promoted regularly, my higher ups told me the truth before they left, they said that I was severely underpaid based on my skills (essentially I branded myself a one stop shop for the marketing department as I am both technically knowledgeable, people oriented and strategic). I maxed out at $50K. So I decided to jump ship with little planned. Now I run a financial agency with my husband and we make $250K a year as entrepreneurs and we have the freedom to set our own lifestyle.”
“We don’t want perks. We want more money and we want autonomy. It’s simple.”
Two success stories
Warren Buffett shares two stories about women who started from nothing and sold their businesses to the legendary investor. This is one of the greatest speeches Mr. Buffett has ever delivered and he also gives really good advice to all entrepreneurs in the audience.
Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars.
Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.
the right thing
Theodore Roosevelt supposedly said: “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing and the worst thing you can do is nothing.”