I propose instituting a 4-day workweek and cutting everyone’s pay by 10-20%. Some will no doubt resign (saving the company money), but the rest will instantly save the company 10-20% in labor costs. If all those studies out there are to be believed, productivity would remain the same or increase (although in those studies pay wasn’t cut along with hours, so… maybe not).
Anyway now seems like a great opportunity for companies to experiment with 4-day workweeks, whether 40 hours (better than nothing) or 32 hours.
Anyway now seems like a great opportunity for companies to experiment with 4-day workweeks, whether 40 hours (better than nothing) or 32 hours.