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> And if businesses are acting irrationally? That seems to be the most plausible answer. Businesses are led by people and acting irrationally even when not fin
by piva00 2y ago
> And if businesses are acting irrationally?
That seems to be the most plausible answer. Businesses are led by people and acting irrationally even when not financially beneficial isn't out of the realm of reality.
Businesses in the same industry already suffer from a herd mentality, doing the opposite thing that others are doing is risky, most leaders will choose less risk. It becomes dominoes, one leader from a benchmark company makes a hard to quantify wrong decision, another will follow, the side-effects will take a few years to crop up and by then almost the whole industry will have followed suit.
- pintxo 2y agoYou mean like open plan offices?
- atmavatar 2y agoAlso overtime. We have over a century of evidence that requiring employees work > 40h/week for long periods of time is a net loss in productivity compared to working fewer hours. That's why we have a standard 40 hours per workweek and a concept of overtime in the first place. However, there's always going to be a large cohort of management that thinks their employees are different so they can squeeze out more hours, so we get BS like trying to convince employees they're part of a family they need to sacrifice for and (unfortunately successful) lobbying for legal overtime exemptions across certain jobs.