Working 20 percent less equals less output.... funny that
Four day week hardly new. Was common in the Netherlands when I was there in the early Nineties. Worked great.
Three ways of doing it
1) Company works Four days but increases the length of each workday to compensate
2) Company works Four days, cutting weekly hours, but works harder
3) Company has staff working Four day rosters but operates for Five or Six days.
Way I see it option One and Three are fine. Option Two is problematic as it implies workers were not productive before the change. A good company should always be running smoothly, so like you say a cut in hours should lead to less output.
Having experienced working a Four day week (option 1). I found it great, the extra day off each week made such a difference. Felt much more like life revolved around leisure than revolved around work.
Four day week hardly new. Was common in the Netherlands when I was there in the early Nineties. Worked great.
Three ways of doing it
1) Company works Four days but increases the length of each workday to compensate
2) Company works Four days, cutting weekly hours, but works harder
3) Company has staff working Four day rosters but operates for Five or Six days.
Way I see it option One and Three are fine. Option Two is problematic as it implies workers were not productive before the change. A good company should always be running smoothly, so like you say a cut in hours should lead to less output.
Having experienced working a Four day week (option 1). I found it great, the extra day off each week made such a difference. Felt much more like life revolved around leisure than revolved around work.
Explain this to my accountant that works all week and half day Saturday and half day Sunday. All the partners at her firm work that many hours, so that staff get the 4-5 day week. Another way how to do it I suppose. Work the owners to death.
yep the flight to big tech , now seen as the safety trade. see the DJT the trannies index has broken its uptrend from march 2020? wow often followed in the really old days as a leading indicator
those 10yr bonds really spooking people now. the growth on trade is getting pummelled. be interesting in hindsight to see if the bond market is right and growth slows/stalls at some stage.
Then we have RBNZ will they follow the very hawkish NZ banks in the face of whats happening off-shore? or will the nz bank economists have to change there position again after being ultra bearish and going to ultra hawkish all in the last year?
anyway the growth on index the russell has been going sideways since feb , the tranny has broken its uptrend and the dow has been going sideways for a few mths as well ... peak growth ? anyway index's look oversold intraday now
Reply With Quote
Originally Posted by JohnnyTheHorse
Bookmarks