So 5000 Netflixers having pretty fantastic maternity leave is your answer for tens of millions of Europeans having pretty fantastic maternity leave?
Arithmetic is actually pretty useful for thinking about what more labor friendly laws might do in the US. Say you decide that every employee should get a paid day off if they work for 240 hours (this is 6 weeks full time, so someone averaging 30 hours a week would receive 6.5 paid days off each year). How much would that cost? It would cost right around 3% of what they are already being paid. And since we know people with no paid time off are working low leverage jobs, we can probably infer that it would come right out of the consumer surplus that their employee provides to customers.
But sure, let's pretend that some small baseline of non-hell would erode ambition in people competing for jobs at Netflix.
Arithmetic is actually pretty useful for thinking about what more labor friendly laws might do in the US. Say you decide that every employee should get a paid day off if they work for 240 hours (this is 6 weeks full time, so someone averaging 30 hours a week would receive 6.5 paid days off each year). How much would that cost? It would cost right around 3% of what they are already being paid. And since we know people with no paid time off are working low leverage jobs, we can probably infer that it would come right out of the consumer surplus that their employee provides to customers.
But sure, let's pretend that some small baseline of non-hell would erode ambition in people competing for jobs at Netflix.