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It's somewhat surprising (and not really) that more companies are not competing with each other seriously on real benefits like this to attract and keep talent.
by borplk 8y ago
It's somewhat surprising (and not really) that more companies are not competing with each other seriously on real benefits like this to attract and keep talent.
Most jobs provide no real extra benefit. They have a bunch of fake gimmicks like "snack room" or "monthly social event" (read: mandatory team building event but free for the company).
Four-day week for five-day pay is a serious and tangible benefit that a smart company could provide and it would give them a strong hiring/culture advantage for a long time.
That's a 20% reduction in work hours. To me it seems very doable if you build a good high-productivity culture in the company. Meaning everyone kind of knows they have less time to screw around so you save all that for your 3 days off work, and 4 days it's high productivity work.
If this increases productivity by 10%, the cost to the company is the other 10%.
Also consider that 1.5 hours is 18% of the work day. Many companies easily and carelessly waste that much every day.
- GordonS 8y agoIt doesn't suprise me - at least in the UK (and I get the impression it's basically the same outside of SV), companies don't seriously compete on benefits other than pay at all.
- knuththetruth 8y agoThe wage suppression and funneling of profits back up to the executive level already demonstrates that companies aren't really interested in keeping or attracting talent. Large corporations have succeeded at crushing working-class unions and convinced most white collar workers that they're not in their interests, even as working conditions and compensation for white collar workers slide downward (either directly, through abuse of things like salaried status to get unpaid overtime, or as they're extracted by various forms of rent-seeking like healthcare or housing costs). Since there's essentially no check on their power and the American economy is tilting more and more towards favoring corrupt monopolies, why offer anything more than what they absolutely have to?
- shados 8y agoI know some people who do that in big techs, but I've always wondered how that works. My work doesn't really fit in a well defined bucket of "days". Sometimes we have deadlines and Ill work on Sunday. Sometimes I'll have a meeting with someone in an international office and have to accommodate their schedule (sometimes they do the reverse). Sometimes I just have bad days and say "f it" and just stay home. The job gets done, everyone's happy. Changing from that fluid "as long as shit gets done" schedule to a specific "you now work for days" gets really weird to me. Do I have to work at least 4 days now? What happens with crunch time? What happens if there's an emergency and I end up working on the 5th day, do I get overtime? Then what happens during perf review? there's already a 500% difference in output between 2 random engineers, and it's already hard to figure out if they're just better, working longer, or what. Comparing the output of a 4 day/week vs a 5 day/week one to make sure the former doesn't get penalized gets tricky. I mean, if it works at the likes of Google, so I assume people have the answers to these questions. I'm genuinely curious.
- s73v3r_ 8y ago" What happens with crunch time? " Managers actually plan, and stop relying on it. Crunch time is not something that should exist, as it's just punishing employees for the inability of management to make a sane schedule.
- shados 8y agoThe majority of the time, totally agree with you. But the real world has certain dates that matter, and something things go wrong. Someone gets sick. Someone gets pregnant (I guess something might have gone right rather than wrong here, but you get the point). A server goes down. Shit happens. There's only so much buffer time that's practical to allocate. And black Friday doesn't move.
- borplk 8y agoRequire "crunch time" to be fairly compensated as it should be (overtime rate) and see how quickly and suddenly crunch time is not needed anymore. At most companies "crunch time" is just a label stuck on "squeezing salaried employees for every last drop of juice". When there's no penalty on the company for needing crunch time, suddenly they find themselves needing a lot of it. You can easily see how nonsensical all of this corporate garbage is by hypothetically flipping it around to the benefit of employees and think about how they would react instead. Hey boss it's "quiet time" can I go home an hour early for 2 weeks? No ... DING DING! So don't expect it to be ok to ask me to stay an hour late because it's "crunch time". Same thing applies to "as long as shit gets done". They always adjust that so that somehow the amount of shit that is expected to get done is more than you can manage in a day. Never the other way around. No company says "hey enough shit got done for today and it's 3PM so go home and see you tomorrow". No in that case you keep working and get more shit done. Let's not dress it up, it's all corporate psychological warfare.
- shados 8y agoYour post reminds me of just how spoiled I am, and I understand the problem with my understanding of the situation might be exactly that. I totally worked for companies that match what you describe. My current employer though? If we had crunch time and then told my boss I was gonna go home an hour early and do 4 days a week for the next 2 weeks to make up for it? No brainer, they'll say yes. It's also not that uncommon for managers to send people home if they shipped a lot of stuff that day. I'm a manager myself, and I frequently had to have the talk with my reports to tone it down. The last thing I want is burnt out employees. I've actively told some to calm down and work less.
- jonhendry18 8y ago"Four-day week for five-day pay is a serious and tangible benefit that a smart company could provide and it would give them a strong hiring/culture advantage for a long time." Plus you can rent out the office on Fridays as shared office space. WIN.