5 ms·
One detail about the 4-day work week that tends to be ignored is that a 4 day work week is not the same as a part-time position, and, crucially, it should be co
by imiric 3y ago
One detail about the 4-day work week that tends to be ignored is that a 4 day work week is not the same as a part-time position, and, crucially, it should be compensated the same as a "full-time" 40 hours per week position. Some companies claim to have a 4 day work week schedule, when in fact they simply negotiate an equal reduction in salary.
The point of working less is for people to have more personal time without this impacting their livelihood. There are many well-studied benefits of this[1], both to workers and companies, yet greedy companies still cling to archaic practices to squeeze as much profits as possible out of each employee.
Even after considerable productivity increases gained in part by automation and technology, we've seen decades of wage stagnation and an increasing productivity-pay gap[2,3,4]. Workers have lived with this short end of the stick for far too long, and the least controversial step forward would be to make the 4 day work week without pay reduction a general policy in all companies in nonessential industries. There are industries that need to operate with longer schedules, and those positions should be compensated accordingly, but most IT companies can certainly operate with much less than 5 days per week.
[1]: https://time.com/6256741/four-day-work-week-benefits/ https://time.com/6256741/four-day-work-week-benefits/
[2]: https://en.wikipedia.org/wiki/Decoupling_of_wages_from_productivity https://en.wikipedia.org/wiki/Decoupling_of_wages_from_produ...
[3]: https://www.epi.org/publication/charting-wage-stagnation/ https://www.epi.org/publication/charting-wage-stagnation/
[4]: https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/