For many professionals and corporate managers. Super, super, superduper hot. Its crazy. The 40hour work week is history. Daddy okay, hold on just a minute. 60to80hour work weeks are now the norm. You dont think youre working too much . No. Do you . No. Do you . No. Youre brainwashed. [laughter] maybe were all crazy. Maybe we are. [clock ticking] we have eight weeks of vacation. Eight weeks of vacation . Eight weeks, yes. Like most frenchmen marchand has no guilt about taking so much time off. In fact, its the law. Fulltime workers in france are guaranteed at least five weeks vacation and a maximum 35hour work week, with no paid overtime allowed. And not everyone is thrilled about working even 35 hours. The aim is to keep your job without working. Welcome to 60 minutes on cnbc. Im leslie stahl. In this episode, well examine our relationship with work. How much is too much too little, and who should decide . But before we look at the hours we spend on the job, well look at how employers
For many professionals and corporate managers. Super, super, superduper hot. Its crazy. The 40hour work week is history. Daddy okay, hold on just a minute. 60to80hour work weeks are now the norm. You dont think youre working too much . No. Do you . No. Do you . No. Youre brainwashed. [laughter] maybe were all crazy. Maybe we are. [clock ticking] we have eight weeks of vacation. Eight weeks of vacation . Eight weeks, yes. Like most frenchmen, marchand has no guilt about taking so much time off. In fact, its the law. Fulltime workers in france are guaranteed at least five weeks vacation and a maximum 35hour work week, with no paid overtime allowed. And not everyone is thrilled about working even 35 hours. The aim is to keep your job without working. Welcome to 60 minutes on cnbc. Im leslie stahl. In this episode, well examine our relationship with work. How much is too much, too little, and who should decide . But before we look at the hours we spend on the job, well look at how employer
Situation, im in one of the rural areas with very high Health Insurance. And low lower income. Our county has about 99,000 as a population with an average Household Income of middle 40,000s. As i struggle to provide more Health Insurance and they aggregate the businesses to make it you know, if i can stay under that 50, i will. It will be extremely expensive for me. In the meantime, to absorb a 40 to 44 Health Insurance increase, it would be much easier for me to put my employees out on the exchange. Its a lot cheaper for them to provide that than for me to absorb that additional cost within my small Profit Margins anyway. So thank you. I would just comment that if the additional cost of adding each employee would be approximately 4,000 to provide insurance to that individual at an affordable rate, it may be a smaller figure in some places, higher in others, that does stunt the job growth. I will say that the law itself is having an impact on on the cost. And we are seeing people not e
For that reason, facts and circumstances based on who controls daytoday business is a much more logical rule in the statute or Committee Reports could list characteristics of management control and taxpayers would be able to make a judgment. A judgment as to whether they did what constitutes what constitutes the employer for purposes. Thank you, ms. Walker. I would like to yield to the Ranking Member to introduce our last member. It is my pleasure to she serves at the hub for International Insurance services. She provides compliance and Consulting Services regarding health plans and other employee benefits. Regarding health plans and other employee benefits. In insurance by Business Insurance and was selected as one of the 25 most influential businesswomen by the st. Louis business journal. Welcome and thank you for being here for being here. Thank you chairman collins, thank you Ranking Member. I am honored and very happy to be here to be able to give you some comments and testimony o
The next one is bound to be a gusher. And thats what he hopes his pickens plan will become. Youre 80 years old. I mean, in other words, it puts you in a race against time. Absolutely it does. Youre absolutely in a race against time. Thats where i am. Ive got to make it happen fast. So you got a real sense of urgency. Damn right i do. Since our report first aired, the pickens plan has run into some strong headwinds. In 2009, he scrapped his plans to build the Worlds Largest wind farm in the texas pan handle due to delays in transmission line construction. Despite that setback, he continues his crusade to wean american off its addiction to foreign oil. But hes switched his main focus from wind energy to natural gas. Thats this addition of 60 minutes on cnbc. Im steve kroft. Thanks for joining us. Captioning by captionmax www. Captionmax. Com [clock ticking] i pay the bills around here, so im gonna set the expectations. Howard weyers is the boss; to some former workers, the boss from hell