Billionaires Barry Diller and Steve Cohen added to four-day workweek debate as support for the idea rises and companies that made the move say it's a win.
When you let “each company do what’s best for them” we get mining companies hiring pinkerton to murder miners. We get Triangle Shirtwaist. We get Bhopal.
We need the force of law behind things like this, or we get fucked by greed, every single time. You do what’s best for you, but corporations need laws.
OK. And what I’m telling you is that without a law, it won’t happen.
How did I get from here to there? The 5-day work week literally saved lives. Saved peoples’ bodies. Extended lifespans. Gave children back their parents. I don’t think a single labor regulation has ever protected workers as much as the 5-day week.
The 4-day week would take it further. It’s worth doing, and it will not happen if we let every corporation decide for themselves.
Just playing devil’s advocate here, but doesn’t the article prove that it has happened?
And now, being a bit more genuine, I think it’s tricky with places where people aren’t salaried. Like people who make most of their money through commissions and bonuses based on sales targets (car salespeople, etc). Also caregiving, where margins are slim because of shitty insurance reimbursements and caregivers get paid based on hourly work
Well, the idea behind the law is that you keep your current pay. I just think it’s impractical in situations where pay is driven by commission or where margins are cutthroat
Yeah, those are both valid points. Although I’d also say that bills like that do get introduced, probably with much greater odds of passing than this one.
Sure, I work in healthcare and any clinician (nurse, doc, etc.) would be seriously impacted. It’s an industry where most companies are in the red, especially post-COVID. Cutting hours would be impossible.
But, there is also an argument to be made that we need to radically restructure things. CEO pay has ballooned relative to entry level jobs and this pushes for a rebalancing of that. Healthcare CEOs, at least in most non-profit/teaching health systems, aren’t paid anything like other CEOs.
Good news! Nobody wants to cut your hours. Bernie Sanders’ proposal would cut the standard work week down from 40 hours to 32. Since you already work less than 32 hours per week, this change would have no impact on you.
I think the thing is you are already working less than a 4 day week (32 hr … ) your doing 18 at most so I don’t think you really can comment on this one …
That’s the ponit same pay as 40 hr for 32 hr.
. Better work/life balanced. I know it will not matter to you as you pick your hrs but there are a ton of people that are not that lucky… if they whant to work 40 nothing is stopping them the company will just have to pay 8hrs of overtime.
Would love to reduce the number of hours worked while retaining same comp. However, I don’t think more workers is a viable solution, because that’d imply companies eating the 20% extra cost. Whether or not they can get it through shareholders and the board aside, fact that the amount of working aged adults are shrinking (due to boomers retiring and lesser children in later generations) makes it much harder to add more head counts. There must be ways to improve efficiency without corporate/shareholder greed, and that’s a tough pill for the world to swallow without very drastic changes (UBI for example).
But there it is… if the top took a hiar cut that would cover it. Lower entrance requirements to get the job… means more eligible works… it’s a tuff one yes. Is there enuff workers maybe. But it’s worth a try.
I’m stuck in middle management, and have many middle and senior management peers, so I see both sides of the arguments here getting pushed back hard. I cannot begin to imagine the top willing to take a cut, there’s no benefit for them what so ever. Anything lower tries to justify will just be brushed off. On the flip side, I definitely do not want to reduce entrance requirements… bad hires hurts my team’s performance in non linear fashion.
If meaningful changes were to happen, it would have to be mandated by laws and regulations, but I don’t see a path for those laws and regulations to change without drastic societal changes that would support such.
We don’t have a worker shortage we have a shortage of well paying jobs. If companies pay better than people will take the jobs… and that sucks she has to work so much has they try hiring at better wages or you know she could say no…
I agree some of what you’ve said in this threat, but we 100% have a worker shortage. I work in healthcare and there just aren’t people out there with the qualifications we need. There are not enough doctors or nurses in the US. The govt funds a lot of healthcare education (nursing and medical schools). The govt isn’t expanding slots and schools often can’t find teachers anyway (for nursing anyway, not docs as much).
The answer is obviously immigration, but that’s an ethical issue in healthcare. Bringing in people who want to be nurses and docs usually means taking them from developing nations. As the US population gets older and we have fewer young people, we just won’t have enough people working in healthcare.
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When you let “each company do what’s best for them” we get mining companies hiring pinkerton to murder miners. We get Triangle Shirtwaist. We get Bhopal.
We need the force of law behind things like this, or we get fucked by greed, every single time. You do what’s best for you, but corporations need laws.
deleted by creator
OK. And what I’m telling you is that without a law, it won’t happen.
How did I get from here to there? The 5-day work week literally saved lives. Saved peoples’ bodies. Extended lifespans. Gave children back their parents. I don’t think a single labor regulation has ever protected workers as much as the 5-day week.
The 4-day week would take it further. It’s worth doing, and it will not happen if we let every corporation decide for themselves.
Just playing devil’s advocate here, but doesn’t the article prove that it has happened?
And now, being a bit more genuine, I think it’s tricky with places where people aren’t salaried. Like people who make most of their money through commissions and bonuses based on sales targets (car salespeople, etc). Also caregiving, where margins are slim because of shitty insurance reimbursements and caregivers get paid based on hourly work
deleted by creator
Well, the idea behind the law is that you keep your current pay. I just think it’s impractical in situations where pay is driven by commission or where margins are cutthroat
deleted by creator
Yeah, those are both valid points. Although I’d also say that bills like that do get introduced, probably with much greater odds of passing than this one.
deleted by creator
Sure, I work in healthcare and any clinician (nurse, doc, etc.) would be seriously impacted. It’s an industry where most companies are in the red, especially post-COVID. Cutting hours would be impossible.
But, there is also an argument to be made that we need to radically restructure things. CEO pay has ballooned relative to entry level jobs and this pushes for a rebalancing of that. Healthcare CEOs, at least in most non-profit/teaching health systems, aren’t paid anything like other CEOs.
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Removed by mod
deleted by creator
Lmfao
What lying and manipulating for a living does to your brain. Never trust a salesmen.
Good news! Nobody wants to cut your hours. Bernie Sanders’ proposal would cut the standard work week down from 40 hours to 32. Since you already work less than 32 hours per week, this change would have no impact on you.
I think the thing is you are already working less than a 4 day week (32 hr … ) your doing 18 at most so I don’t think you really can comment on this one …
deleted by creator
That’s the ponit same pay as 40 hr for 32 hr. . Better work/life balanced. I know it will not matter to you as you pick your hrs but there are a ton of people that are not that lucky… if they whant to work 40 nothing is stopping them the company will just have to pay 8hrs of overtime.
The answer is more workers…
Would love to reduce the number of hours worked while retaining same comp. However, I don’t think more workers is a viable solution, because that’d imply companies eating the 20% extra cost. Whether or not they can get it through shareholders and the board aside, fact that the amount of working aged adults are shrinking (due to boomers retiring and lesser children in later generations) makes it much harder to add more head counts. There must be ways to improve efficiency without corporate/shareholder greed, and that’s a tough pill for the world to swallow without very drastic changes (UBI for example).
But there it is… if the top took a hiar cut that would cover it. Lower entrance requirements to get the job… means more eligible works… it’s a tuff one yes. Is there enuff workers maybe. But it’s worth a try.
I’m stuck in middle management, and have many middle and senior management peers, so I see both sides of the arguments here getting pushed back hard. I cannot begin to imagine the top willing to take a cut, there’s no benefit for them what so ever. Anything lower tries to justify will just be brushed off. On the flip side, I definitely do not want to reduce entrance requirements… bad hires hurts my team’s performance in non linear fashion.
If meaningful changes were to happen, it would have to be mandated by laws and regulations, but I don’t see a path for those laws and regulations to change without drastic societal changes that would support such.
deleted by creator
We don’t have a worker shortage we have a shortage of well paying jobs. If companies pay better than people will take the jobs… and that sucks she has to work so much has they try hiring at better wages or you know she could say no…
I agree some of what you’ve said in this threat, but we 100% have a worker shortage. I work in healthcare and there just aren’t people out there with the qualifications we need. There are not enough doctors or nurses in the US. The govt funds a lot of healthcare education (nursing and medical schools). The govt isn’t expanding slots and schools often can’t find teachers anyway (for nursing anyway, not docs as much).
The answer is obviously immigration, but that’s an ethical issue in healthcare. Bringing in people who want to be nurses and docs usually means taking them from developing nations. As the US population gets older and we have fewer young people, we just won’t have enough people working in healthcare.
deleted by creator
Not EVERYONE on salary is exempt from overtime pay.
https://www.dol.gov/agencies/whd/fact-sheets/17d-overtime-professional
Also, drivers and farmers are exempt from overtime pay, but you should check it out. Salaried overtime pay is a HUGE point of wage theft.
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I agree. The government should not get in the way of companies - no matter what.
Did you drop the /s?
Some people just drink the kool-aid