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	<title>The Learned Fool &#187; Business and Economy</title>
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	<link>http://www.learnedfool.com</link>
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		<title>Who pays the price for maternity/paternity leave?</title>
		<link>http://www.learnedfool.com/who-pays-the-price-for-maternitypaternity-leave</link>
		<comments>http://www.learnedfool.com/who-pays-the-price-for-maternitypaternity-leave#comments</comments>
		<pubDate>Sun, 21 Mar 2010 14:42:55 +0000</pubDate>
		<dc:creator>Fool</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[Bane]]></category>
		<category><![CDATA[Discontent]]></category>
		<category><![CDATA[Downside]]></category>
		<category><![CDATA[Full Length]]></category>
		<category><![CDATA[Ins And Outs]]></category>
		<category><![CDATA[Job]]></category>
		<category><![CDATA[Length Of Time]]></category>
		<category><![CDATA[Maternity Leave]]></category>
		<category><![CDATA[Maternity Pay]]></category>
		<category><![CDATA[Mums]]></category>
		<category><![CDATA[parents]]></category>
		<category><![CDATA[Paternity Leave]]></category>
		<category><![CDATA[Regulars]]></category>
		<category><![CDATA[Significant Impact]]></category>
		<category><![CDATA[Staff Cutbacks]]></category>
		<category><![CDATA[Temporary Staff]]></category>
		<category><![CDATA[Workload]]></category>

		<guid isPermaLink="false">http://www.learnedfool.com/?p=613</guid>
		<description><![CDATA[I&#8217;m sure I must have mentioned this topic before, but it is now going to have an impact on my workplace, so it affects me more personally. Every decision the government makes has benefits and downsides.  Depending on which side you want to argue for, you tend to only see that one side.  It is [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m sure I must have mentioned this topic before, but it is now going to have an impact on my workplace, so it affects me more personally.</p>
<p>Every decision the government makes has benefits and downsides.  Depending on which side you want to argue for, you tend to only see that one side.  It is the bane of every government to be the root of the public&#8217;s discontent.  I don&#8217;t foresee any changes.</p>
<p>The changes in maternity and paternity leave that the government has imposed or will impose have significant impact in the workplace.  I&#8217;ve argued that before, but I can really see it now.</p>
<p>Yes, it&#8217;s really wonderful to give parents a chance to be with their new child and of course, a new child brings changes in the pattern at home and work that can greatly affect an individual&#8217;s emotional and physical well-being.  No one can argue against that.  It&#8217;s very humanistic to grant parents the option of being at home for their child in their first year of life without worrying about losing their job.  After all, these days it&#8217;s more and more difficult to find a job once you&#8217;ve lost a good one.</p>
<p>The downside is: who pays?</p>
<p>Several ladies at work are currently pregnant and planning to take maternity leave.  Unfortunately, they will all be leaving within 2 months of each other. New staff will need to be found to replace them temporarily.  Meanwhile, they will be getting maternity leave pay.  I don&#8217;t know all the ins and outs of the maternity pay, but I do understand that it is full pay for a significant length of time.</p>
<p>Already, I have seen staff cutbacks due to lack of funds.  I know about forthcoming staff cutbacks, which will considerably impact the workload.  Though it would be easy to say that if they have to cut back they should not replace the mums-to-be with temporary staff, but just keep the regulars, that is not possible.  You see, the staff cutbacks are in various departments, not just the one where the maternity leave is coming from.</p>
<p>Although the payroll reduction is not a result of excessive maternity leave, I&#8217;m sure maternity leave does not help.  How can we, the public, expect that the funds remain unlimited, such that we can afford to pay two people for the same job &#8211; one doing the work, and one on maternity leave?  Someone, somewhere will have to lose their job in order to provide for this extra pay.</p>
<p>I can see why some businesses would be opposed to having maternity and paternity leave extended.  Either they will have to deal with staff shortages or pay out for extra help.  Where will the money come from?  Big businesses will have less to worry about, but the government and public sector have a limited supply of funds.</p>
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		<title>The depressing housing market</title>
		<link>http://www.learnedfool.com/the-depressing-housing-market</link>
		<comments>http://www.learnedfool.com/the-depressing-housing-market#comments</comments>
		<pubDate>Tue, 05 Jan 2010 10:43:29 +0000</pubDate>
		<dc:creator>Fool</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Contradictory Reports]]></category>
		<category><![CDATA[cost of living]]></category>
		<category><![CDATA[Earnings Report]]></category>
		<category><![CDATA[Good Job]]></category>
		<category><![CDATA[Government Propaganda]]></category>
		<category><![CDATA[Hand To Mouth]]></category>
		<category><![CDATA[Helping People]]></category>
		<category><![CDATA[House Prices]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Job Opportunities]]></category>
		<category><![CDATA[Ladder]]></category>
		<category><![CDATA[Living Hand To Mouth]]></category>
		<category><![CDATA[Marker]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[Mortgage Banks]]></category>
		<category><![CDATA[Reason]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Report States]]></category>
		<category><![CDATA[Starting Salary]]></category>

		<guid isPermaLink="false">http://www.learnedfool.com/?p=603</guid>
		<description><![CDATA[I keep seeing these contradictory reports regarding the housing market and it makes me wonder if it&#8217;s government propaganda or the media trying to mislead us.Â  First, they said that housing prices were going up.Â  This was a marker that the recession was improving.Â  I really have not seen much improvement in the recession when [...]]]></description>
			<content:encoded><![CDATA[<p>I keep seeing these contradictory reports regarding the housing market and it makes me wonder if it&#8217;s government propaganda or the media trying to mislead us.Â </p>
<p>First, they said that housing prices were going up.Â  This was a marker that the recession was improving.Â  I really have not seen much improvement in the recession when the cost of living is so high compared to earnings.Â  The report had said that house prices were going up as fewer properties were available and more people were in the market to buy.</p>
<p>OK, if earnings have not gone up and cost of living is rising, how do people suddenly manage to have enough saved up to buy?Â  What am I missing?Â  Where did these people come from?Â  Are they the rich trying to buy up cheaper properties so that they can go on to rent it out at unreasonable rates?</p>
<p>Recently, a different report states that homes are now more affordable in more locations throughout the UK.Â  OK, if house prices are going up, how are they now more affordable? And where are they more affordable?Â  In locations that most people don&#8217;t want to live due to job opportunities, etc.Â  Therefore, people already living in those areas probably can&#8217;t even afford those homes.Â  It&#8217;s only people with money and a good job living outside those areas that can afford to buy into it.Â  And why would they buy into it?Â  The only reason would be to retire or as an investment opportunity.</p>
<p>Even those with a good job are unable to get onto the housing ladder.Â  I&#8217;ve only been working for 3 months, so I can&#8217;t lump myself in with those people, but my starting salary would be considered &#8220;extremely good&#8221;.Â  Unfortunately, I have no savings, and the current cost of living means that despite my high salary, we really are living &#8220;hand to mouth&#8221;.Â  How would someone like myself ever be able to get a mortgage?Â  Banks and the government are no longer in the business of helping people in the middle ground.Â  And the frustrating part is that if we were able to get a mortgage, our monthly mortgage may be lower than our rent, and we&#8217;d be gaining some equity (hopefully).</p>
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		<title>Will work-week opt-out help or hurt?</title>
		<link>http://www.learnedfool.com/will-work-week-opt-out-help-or-hurt</link>
		<comments>http://www.learnedfool.com/will-work-week-opt-out-help-or-hurt#comments</comments>
		<pubDate>Wed, 29 Apr 2009 12:16:56 +0000</pubDate>
		<dc:creator>Fool</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[48 hours]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[insomnia]]></category>
		<category><![CDATA[junior doctors]]></category>
		<category><![CDATA[lack of sleep]]></category>
		<category><![CDATA[opt-out]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[shift work]]></category>
		<category><![CDATA[Stress]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[work week]]></category>
		<category><![CDATA[working hours]]></category>

		<guid isPermaLink="false">http://www.learnedfool.com/?p=405</guid>
		<description><![CDATA[What will the working week opt-out mean for the UK?Â  There was considerable debate when the EU limited the weekly work time to 48 hours.Â  However, several member states have opted-out of this directive.Â  First of all, it seems rather strange that the EU even allowed the opt-out.Â  It means that not all of their [...]]]></description>
			<content:encoded><![CDATA[<p>What will the working week opt-out mean for the UK?Â  There was considerable debate when the EU limited the weekly work time to 48 hours.Â  However, several member states have opted-out of this directive.Â  First of all, it seems rather strange that the EU even allowed the opt-out.Â  It means that not all of their directives are set in stone.Â  (In fact, I have yet to find one that is.)</p>
<p>Anyhow, companies argue that in this recession, they should be allowed to choose their own hours.Â  They feel that employees should be given the option of working overtime for additional pay.Â  OK.Â  That sounds fair enough.Â  Everyone&#8217;s trying to do what they can to survive.Â  But working excessive hours continuously can be detrimental to a person&#8217;s health, physically and psychologically.Â  Already, the recession has created stress. Need employees feel more stress by increased work demands?Â  Though they may not be forced to work longer hours, they may be under pressure to increase performance or be replaced.Â  Companies will increase work load on the smaller staff that they now employ.Â  Anxiety and insomnia go hand-in-hand and the dangers of lack of sleep cannot be ignored.</p>
<p>Speaking of recession and unemployment, why not hire more people but keep the same level of pay-out?Â  Instead of having someone work overtime, which usually means a higher rate of pay unless they are salaried, employ someone else to work those hours.Â  You can stay within the working hours limit and help with unemployment at the same time.Â  Not all companies will opt-out, even though the UK allows them to do so.Â  Therefore, it will be argued, the opt-out gives companies more freedom in determining what works for them.Â  After all, shift work has never been popular and there are dangers with that.Â </p>
<p>One of the jobs most notable for long hours is the junior doctor role.Â  Being a doctor is stressful in itself. Long hours make it worse. However, limiting working hours to 48 is not exactly doable.Â  Especially because they have &#8220;on-call&#8221; rotas.Â  Contrary to popular myths about a doctor&#8217;s daily rounds, it is not filled with high drama as depicted on TV.Â  There may be days like that, but for the most part, junior doctors are not rushing around on emergencies throughout the day.Â </p>
<p>So, how can we protect employees&#8217; interests while ensuring that companies can still function properly in this recession?Â  I suppose it would be best determined individually.Â  But we must be vigilant to prevent people from being exploited at a time when they fear they may lose their jobs.Â  Increases in errors or accidents may be due to stress or inadequate sleep/rest. When this occurs, there should be some consideration for reducing the employee&#8217;s working hours in an attempt to resolve the issues. But this should be done in such a way that the employee does not feel demeaned or fear unemployment as a reprimand.</p>
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		<title>Feminist movement has not helped with women&#8217;s rights</title>
		<link>http://www.learnedfool.com/feminist-movement-has-not-helped-with-womens-rights</link>
		<comments>http://www.learnedfool.com/feminist-movement-has-not-helped-with-womens-rights#comments</comments>
		<pubDate>Mon, 02 Mar 2009 11:43:38 +0000</pubDate>
		<dc:creator>Fool</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[equal pay]]></category>
		<category><![CDATA[feminist]]></category>
		<category><![CDATA[women's rights]]></category>

		<guid isPermaLink="false">http://www.learnedfool.com/?p=174</guid>
		<description><![CDATA[Chivalry is dead. This has been said many times over and I cannot help but feel that the feminist movement and â€˜equal rights for womenâ€™ have contributed significantly to the death of this institution as well as others. Am I the only female to complain about the lack of chivalry? Does it mark me as [...]]]></description>
			<content:encoded><![CDATA[<p><span lang="EN">
<p>Chivalry is dead. This has been said many times over and I cannot help but feel that the feminist movement and â€˜equal rights for womenâ€™ have contributed significantly to the death of this institution as well as others. Am I the only female to complain about the lack of chivalry? Does it mark me as a slave to the chauvinistic male attitude?</p>
<p>I do not see it as a presumption of my weakness if my husband holds the door for me or carries heavy bags. I would take it as a sign of affection. If a stranger does it, I consider it good manners. I do not always accept a stranger carrying heavy bags for me because I do not like to impose, but the suggestion is always gratefully appreciated. Yet, these days, it seems men are less willing to perform these simple tasks. Is it out of fear of being rebuked as a â€˜pigâ€™? Or, is it due to lack of manners?</p>
<p>I think there is a little of both. Little boys are no longer taught to acquire these polite and gracious manners. Perhaps, the feminist movement has something to do with that, but perhaps, times have changed as well (not to mention, attitude).</p>
<p>There has been talk recently about how this recession is giving women a better chance. Iâ€™m not sure I quite believe the arguments &#8211; namely, that men are likely to shy away from taking certain responsible positions, making room for women. However, I would believe that if employers are paying less, women are more likely to take the jobs than men are. Women, in general, still get paid less than men; therefore, a low paying job is nothing new to them.</p>
<p>I am not a feminist, but I do believe that there should be equal pay for equal work. The problem is there may not be equal work. Cherie Blair felt she did a disservice to the equal rights movement for women when she only took the minimum maternity leave. She wanted to prove that she could balance career and family. This used to be the attitude of the feminist movement. Though many of them actually sacrificed family for career, those original feminists would have applauded Cherie. She proved she can make it with the â€˜big boysâ€™.</p>
<p>As for the equal rights movement for women of today, how can women expect to be paid more if they are not contributing to the work as much as their male counterparts? Some argue they canâ€™t do this or that because they also have to worry about their kids. Women feel they need to be at home for their children during the early years of their childrenâ€™s life. All very commendable. However, in doing so, they are not able to fully dedicate themselves to their work. Therefore, some can argue that they should get lower pay.</p>
<p>This argument, obviously, is best applied to positions that are salaried. Women are seen as the primary domestic caregiver. If they have these responsibilities, they are less likely to work overtime; whereas, their male counterparts may often have to do that and may have to pick up the slack. I can see why they would resent giving a woman the same salary.</p>
<p>Some may try to use the same argument in wage-earning positions. Some companies are likely to offer less to a woman, feeling she is more likely to call off sick or take a personal day to care for their families on certain occasions. This makes a woman appear less reliable in the work force &#8211; because she is expected to be more reliable at home.</p>
<p>Now, I know not all men will see it in this light, either. Some men are very good at being house-husbands and extremely reliable when it comes to being there for their kids. A good marital relationship will work through the scheduling issues. But in todayâ€™s world, there are much more single parents who are women than men, and much more house-wives than house-husbands. Those traditional parenting and domestic roles have not changed much.</p>
<p>Equal work pay for women will only work if women are committed to putting in as much as effort as their male counterparts. Iâ€™m not saying women are lazy. They may have other commitments to attend to. I think the feminist movement has created a lotÂ more chaos than it intended.</p>
<p></span></p>
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		<title>Call to celebrities &#8211; Shop! Spend! Help!</title>
		<link>http://www.learnedfool.com/call-to-celebrities-shop-spend-help</link>
		<comments>http://www.learnedfool.com/call-to-celebrities-shop-spend-help#comments</comments>
		<pubDate>Sat, 21 Feb 2009 08:48:38 +0000</pubDate>
		<dc:creator>Fool</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[Popular Culture]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[shopaholic]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[Sophie Kinsella]]></category>

		<guid isPermaLink="false">http://www.learnedfool.com/?p=95</guid>
		<description><![CDATA[I donâ€™t know how Confessions of a Shopaholic is doing at the box office, but I for one, do not care to see it. After seeing Sophie Kinsella give a reporter advice on how to shop during the recession, the determination was cemented. Perhaps, she only meant to be funny, but it seemed that she [...]]]></description>
			<content:encoded><![CDATA[<p>
<p>I donâ€™t know how Confessions of a Shopaholic is doing at the box office, but I for one, do not care to see it. After seeing Sophie Kinsella give a reporter advice on how to shop during the recession, the determination was cemented. Perhaps, she only meant to be funny, but it seemed that she probably was a real shopaholic and her advice was downright stupid. If her book is anything like her advice, Iâ€™m surprised it was so popular. And for someone to pick it up and turn it into a movie &#8211; letâ€™s just not go there.</p>
<p>At a time when the cost of going to the theatre is so high, can they not come up with more enticing stories? A comedy about spending during the recession? It might make some people step out of their lives for a moment and laugh at the situation. However, it may also cause frustration as most people canâ€™t see their way out of their own troubles. Iâ€™ll take a guess and predict that the story has a happy ending.</p>
<p>To kick-start this economy, we need people to start spending. People canâ€™t spend unless they have money, or have the security of knowing they will have money. Right now, the only people who can REALLY spend are the rich. But are they spending? Are they investing? If so, where? Iâ€™d like to put a call out to all the celebrities &#8211; major to minor, aristocrats to commoners &#8211; all those with money in their pockets, to go out and spend their money and help us get this economy back on track. With all the publicity, Ms. Kinsella should probably have enough money to support her shopaholic ways. She should now use that money as payback to society.</p>
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		<title>When and will the economy turn around?</title>
		<link>http://www.learnedfool.com/when-and-will-the-economy-turn-around</link>
		<comments>http://www.learnedfool.com/when-and-will-the-economy-turn-around#comments</comments>
		<pubDate>Mon, 16 Feb 2009 09:51:28 +0000</pubDate>
		<dc:creator>Fool</dc:creator>
				<category><![CDATA[Business and Economy]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Government]]></category>

		<guid isPermaLink="false">http://www.learnedfool.com/?p=79</guid>
		<description><![CDATA[I am no economic expert, so my statements may sound ridiculously absurd and ignorant. However, listening to all these pundits expressing their predictions about the way the economy will go makes me wonder what they are basing their statements on. OK. The economy is shrinking. What happened? The banks messed up so badly that they [...]]]></description>
			<content:encoded><![CDATA[<p>
<p>I am no economic expert, so my statements may sound ridiculously absurd and ignorant. However, listening to all these pundits expressing their predictions about the way the economy will go makes me wonder what they are basing their statements on.</p>
<p>OK. The economy is shrinking. What happened? The banks messed up so badly that they had to be rescued. The housing market declined because the bubble burst. Businesses shut down because they could not make an adequate profit and no one came to their rescue. People became unemployed. Now they are spending less. The economy continues to shrink, more people are unemployed, so they are less likely to spend. The vicious cycle continues.</p>
<p>Experts are predicting further contraction of the economy for the near future. From what I hear, different experts predict different times at which the economy will improve. Some say this year, some say next year, some say not for a few years. But for those saying this year or next year, they are also saying that the economy will continue to shrink before it recovers. So, what is the basis for saying that it will improve? No one has stated how that was going to happen. If people are not given jobs with adequate pay, they will not spend.</p>
<p>Are there really plans to get more jobs out there? Iâ€™m hearing people complain about making applications for positions that are oversubscribed. Where will the new jobs be? Are they not advertising it out of fear that they will be oversubscribed before they are well-organised?</p>
<p>They need to put money into providing jobs in order for people to start spending and kick-starting this economy again. They have bailed out several large companies, such as the car companies. Unfortunately, these people might still lose their jobs if no one is willing to buy cars at this time. What is the point of making more of the products that are less in demand?</p>
<p>I am not an expert, so I do not have a plan. But it seems the government needs someone who does.</p>
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