8 ms·
I thought they were going to present a case that vacation increases overall employee productivity over the long run, which would have been a lot more interestin
by pluckytree 11y ago
I thought they were going to present a case that vacation increases overall employee productivity over the long run, which would have been a lot more interesting. I’d rather see more research into productivity and vacation as well as more education so companies realize they can get more bang for the buck just by changing how they treat employee downtime.
Having government come in and force companies to pay more in wages overall doesn’t seem like the best idea. Many companies, especially young companies struggle to keep their head above water and even small changes in wages can push them into closing up shop. There is no discussion in this article about any potential negative consquences. Magically, we’ll increase every company’s expenses and they will hire more people and no company will fold because of it. This is not a realistic scenario they are presenting.
- briandear 11y agoThe productivity aspect is most interesting to me. Otherwise it's a financial loss as increased vacation raises costs; the work still has to be done. If the productivity gain offsets the cost, then it's definitely an idea to explore.
- guard-of-terra 11y agoFinancial loss to whom? Productivity is not just what people do. It's mostly about the economical environment around them. Same number of similarly-capable people will have one productivity in SV, other productivity in China, entirely third one in Kenya. There all "kinds" of work around us. Maybe you get access to better work that far outweights the tiny decrease of time you dedicate to it.
- a3n 11y agoIs there an aggregate Laffer-like curve for wages vs return to society and the economy. For example, for one of the companies in that aggregate, how high a wage can they pay and still get positive "returns" in the society and economy that they operate in. But aggregate, so everyone. Similar for the least aggregate wages can be before the overall economy is not healthy.