4 ms·
Two questions Are many companies offering 4 day weeks? I’d guess yes. Can people afford to live off a 4 day week salary? I’d guess no in general.
by quickthrower2 7y ago
Two questions
Are many companies offering 4 day weeks? I’d guess yes.
Can people afford to live off a 4 day week salary? I’d guess no in general.
- namelosw 7y agoI would be more than happy to work 1 day per week and live with 20% of my current salary. I believe a lot of people can accept 80% salary for 4 days per week.
- sancha_ 7y agoMy previous company allowed people to work 4 days for 80% pay. Out of 60 people, 3 people took advantage of that.
- a_imho 7y agoWhich company? Whenever I offered to work 60% of the time for 50% of the money I was flat out rejected.
- namelosw 7y agoI'm curious. Could you by any chance know some reason behind this? Is the salary not sufficient for the zone, or people do enjoy working, or they just simply think they would be bored as they take it?
- joncrane 7y agoProbably because opportunity for advancement becomes nil when you're not "all in."
- tc7 7y agoOffering 4-day weeks: Do you see this often? Just curious -- I feel like it's rare, so my guess would be the opposite. (I do know several people that work 4 10hr days as machinists or window installers). My intuition is also the opposite of yours on affordability :), at least in tech...
- quickthrower2 7y agoI live in a country I where yeah it’s common enough (let assume for good workers not borderline ones) but we’re not paid as highly as the US, so supporting a family on a 4 day senior dev salary is a push unless you end got a paid off house.
- yabadabadoes 7y agoThe US system's structure penalizes companies for hiring workers between 20-40 hours. Any company that doesn't rely on flexible <20 hour employees or salary + forced-overtime is basically throwing money away. edit oops- <20..
- quickthrower2 7y agoCan you elaborate on why? Is this a tax related thing? Or benefits related?
- yabadabadoes 7y agoTax code relating to benefits and labor laws (which kind of assume the environment encouraged by the tax code.) As an example, benefits have fairness tests between highest and lowest paid employees. Fail those tests and the benefits are taxed, possibly as normal income. Companies find tricks to get people out of the group of normal employees under the IRS rules to beat these tests.
- JanSt 7y agoThe possibility to work part time with pro-rata pay is mandated by law in some countries under certain conditions (15+ employees,...) (i.e. Germany).
- lerpoel 7y agoMandate 4 day weeks and see if salaries go down. I would guess not as companies still need to keep their workforce.
- andrekandre 7y agoi guess the idea is, considering how much worker productivity has improved over the decades, even working 4 days a week, one should still be able to survive just fine (at least that is my interpretation)
- kittko 7y agoPersonal anecdota: it definitely seems like a huge part of the people in my city (Zurich) are working 80% (4-day week for 80% pay).
- JTbane 7y ago>>Are many companies offering 4 day weeks? I’d guess yes. Uh, probably not. Unless you mean part-time work. Or 10 hour days.