Archived posting to the Leica Users Group, 2011/08/20
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Rei, If what I am hearing in banking circles about the state of French and German banks are true, the spread will surely narrow considerably! Cheers Jayanand On Sat, Aug 20, 2011 at 10:04 PM, Rei Shinozuka <shino at panix.com> wrote: > look at the spread between greek and german sovereign debt: > > http://www.bloomberg.com/apps/**quote?ticker=.GRK:IND<http://www.bloomberg.com/apps/quote?ticker=.GRK:IND> > > i believe it. > > -rei > > > > On 08/20/2011 11:54 AM, Jayanand Govindaraj wrote: > >> Douglas, >> I just read a startling report today which basically says that salaries >> (on >> a cost to government basis) are still 25% higher in Greece than Germany, >> for >> equivalent positions in the public sector. I could not believe it. Is it >> true, do you think? >> Cheers >> Jayanand >> >> On Sat, Aug 20, 2011 at 9:14 PM, Douglas Sharp<douglas.sharp at gmx.de> >> wrote: >> >> Leica's biggest cost factor is labour - as it is for every company in >>> Germany - the ancillary costs (often called the second wage) are almost >>> as >>> high as the salaries/wages and include a 50% contribution to health >>> insurance premiums, social security, accident insurance, disability >>> insurance and, and, and... >>> >>> So somebody earning a monthly wage of say 2000 euros gross is costing the >>> company between 2500 and 4000 euros a month depending on age, marital >>> status, children, seniority, health insurance premium. >>> >>> Douglas >>> >>> >>> >>> ______________________________**_________________ >> Leica Users Group. >> See >> http://leica-users.org/**mailman/listinfo/lug<http://leica-users.org/mailman/listinfo/lug>for >> more information >> > > > ______________________________**_________________ > Leica Users Group. > See > http://leica-users.org/**mailman/listinfo/lug<http://leica-users.org/mailman/listinfo/lug>for > more information >