IT sector is working on new ways to attract new talents and keep their people. I'd definitely be in for a 4-day work week of 32h at the same salary of a 5-day work week of 40h.
... can't seem to open up that link (is it behind a paywall?) to verify MrMatt's post ... the "trick".IT sector is working on new ways to attract new talents and keep their people. I'd definitely be in for a 4-day work week of 32h at the same salary of a 5-day work week of 40h.
If the staff feel more relaxed, maybe they get just as much work done in 4 days as 5, who knows.... can't seem to open up that link (is it behind a paywall?) to verify MrMatt's post ... the "trick".
... thanks for the offer. I'm now able to open and read the link. (Not sure why I wasn't able to do it earlier as it just kept loading ... and loading but doesn't. Got a blank page just waiting for more than 5 minutes!)Weird, you should be able. Otherwise I'll paste it here.
Since the office will be closed on Fridays (eg), there'll be some operational cost savings to the company. I guess the company will find out if there'll be productivity increases with this 'evolutionary' work model for this IT (gaming) company.Does this mean that the workload of the teams will have to be condensed within 4 days?
The idea is not to condense the working hours into 4 days, but rather to review our ways of doing things and our quality time invested, with the aim of working better! Above all, we want to increase the productivity and well-being of our employees.
Not really, people want ever increasing standards of living.A 4 day workweek was a dream when I was a young adult. All the media stories were about how people would use their newly acquired leisure time.
The reality became people work more hours to maintain the same standard of living. Overtime and multiple jobs became the norm.
When I was still working, I put in whatever hours it took to meet the objectives. I never ever considered that I had a "Job". I enjoyed what I did and I don't believe productivity was ever a problem.My personal experience was that I was not at maximum productivity when I worked 40 or 50 hours a week. This was the least efficient, in my experience.
The best way to deal with this problem is to calculate your spending by hours of labour, rather than simply in dollar amount.The biggest problem is that we spend all the productivity improvements, and then some. Being massively in debt or even insolvent is considered the norm.
Define excessive.Capitalism doesn't require excessive spending, in fact I'd argue that prudent money management is to the benefit of the system overall.
You do know about dictionaries right?Define excessive.
Did you read Brave New World?The economic system do require some saving as a buffer against any type of shock and crisis, but ultimately, everything is build for consumption, including any new investment. This is because only consumption of the society make an investment worthwhile (returns), and not turn it into a giant money sink that eat investor alive, or bed debt in the banking and shadow banking system.