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That seems reasonable. Take two equivalent companies, one that has a 4-day workweek and an otherwise identical one that has a 5-day workweek. Which one would y
by sokoloff 3y ago
That seems reasonable. Take two equivalent companies, one that has a 4-day workweek and an otherwise identical one that has a 5-day workweek.
Which one would you rather work for? Which one do you think will have a relative abundance of applicants (read: supply of labor)? Which other one do you think will have a lower supply of labor and might need to pay more to attract candidates?
It seems logical that a company offering 4-day workweek would be more attractive and, on a balance of factors, could pay less to attract the same workforce.
Flip it around. If a four-day workweek was the standard, I feel like literally everyone would agree that companies who are trying to introduce a five-day workweek would have to pay more.
- bobthepanda 3y agoProbably true. Today there are generally premiums for working weekends or nights.
- ausbah 3y agoif productivity is the same why should i be paid less just because # of hours is lower? which isn’t even always the case as these companies will do 9-10 hour days
- datadrivenangel 3y agoBecause management will be better?
- sokoloff 3y agoIt’s not a matter of philosophy (“should”) but rather of economics. I think that the balance of supply and demand will tend to have the market-clearing comp be somewhat lower, assuming that the offered labor for four-day weeks is well in excess of the demanded labor for four-day weeks.
- IshKebab 3y agoBecause productivity is not the same.
- xandrius 3y agoProductivity and quality production are two different things. If you made me bang rocks for 5 days, I'm sure I'd do an even a better job if you told me that if I finished early I could work 4 days a week.