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How many people working 50 hours a week are being compensated such that they can retire in 15-20 years? I’d guess vanishingly few.
by germinalphrase 7y ago
How many people working 50 hours a week are being compensated such that they can retire in 15-20 years? I’d guess vanishingly few.
- sokoloff 7y agoVery few for sure. Even if it were only 1 person, I would still object to a government mandate to bar that.
- vkou 7y ago1. Mandate 1.5x overtime pay for any hour worked over 25, and companies will very quickly be incentivised to hire more people, instead of overworking the ones they have. 2. You'd rather take all the social ills of 30-40% of the population being out of work, or doing shitty gig economy jobs?
- sokoloff 7y agoI’d happily pay a good SWE 40 hours for 35 hours of work. Less coordination and a smaller comms network is a win. Good SWEs would happily take that deal as they’d be making 4x the median instead of 2.5x the median and could live better and save more. I don’t believe in restricting freedom of employees to work. If that means the hardest working and most skilled live meaningfully better than the median or 10th percentile, then yes I’m totally ok with that.