Comment Re:sure, works for France (Score 1) 296
But of-course it matters, what it does it lowers your expected salary across the board. Sure, it's market rate on top of a government mandated minimum but that's a mandated minimum that is not supplanted by a higher wage (like the minimum wage law is irrelevant from point of view of your rate if your rate is higher than the minimum wage, though it is not irrelevant if you realise that minimum wage pushes many prices of products you buy up and thus robs you of your purchasing power all in the name of hiding inflation created by the government in the first place) but in fact the minimum mandated vacation days are actually part of your total compensation.
My point is that in a system where government sets minimum vacation days your hourly wage is lower than it would have been otherwise. If a government comes out with another law that increases the number of paid vacation days your employer will likely not reduce your salary directly right away (though I would) but instead most employers will work this out by reducing your bonuses / raises and by attrition, where the new employees would start with a lower hourly wage and/or other benefits and/or with fewer raises, etc.
Basically again, money doesn't come from nowhere, the law of conservation of energy still applies. Your productivity commands your total compensation and your government mandated vacation days are paid to you in lie of hourly wages.