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Drudge Retort: The Other Side of the News
Wednesday, September 28, 2022

A multinational test of how a four-day workweek affects employees -- and company productivity and profits -- is halfway done in the UK, and more than eight in 10 companies don't want it to stop.

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...The largest multinational four-day workweek experiment to date has reached the midway point in the UK, and feedback from participating organizations indicates most hope to retain a 32-hour workweek after their pilot ends.

The experiment is being run by the 4 Day Week Global coalition in collaboration with researchers at Cambridge University, Boston College, and the University of Oxford. With a few exceptions, most companies taking part in the project are smaller firms....

The shorter workweek has proved popular with CEOs as well as employees, Pang said.

"The four-day week trial so far has been extremely successful for us," said Claire Daniels, CEO at Trio Media, one of the 70 companies participating in the pilot project. "Productivity has remained high, with an increase in wellness for the team, along with our business performing 44% better financially."...


#1 | Posted by LampLighter at 2022-09-27 02:34 PM | Reply

That reminds me of the time I went to the market down the street that had a sign in front saying "Open 24 hours"
When I got there, the owner was locking the door.
I said "it says Open 24 Hours"
He said "Not in a row"

#2 | Posted by LegallyYourDead at 2022-09-27 05:14 PM | Reply

He said "Not in a row"

That sounds like Steven Wright...

#3 | Posted by REDIAL at 2022-09-27 07:38 PM | Reply

#2 and #3.... it was Steven Wright.

#4 | Posted by Nixon at 2022-09-28 08:06 AM | Reply

Yep. Check out his first appearance on Carson on Youtube. Frickin' genius.

#5 | Posted by LegallyYourDead at 2022-09-28 09:58 AM | Reply

Reduce work by 20%
Adjust pay accordingly?

#6 | Posted by phesterOBoyle at 2022-09-28 10:49 AM | Reply

6

Labor is a commodity.

#7 | Posted by eberly at 2022-09-28 11:08 AM | Reply

Reduce work by 20%
Adjust pay accordingly?

^
Why should pay be reduced when productivity isn't reduced?

#8 | Posted by snoofy at 2022-09-28 11:08 AM | Reply | Newsworthy 3

"Labor is a commodity."

No, labor is not a commodity. Labor is individuals putting their time and energy towards a task. Commodities can't work.

What your statement is actually saying is that labor can be modeled as a commodity in certain math-related economic circumstances, and the answers still generally play out.

#9 | Posted by snoofy at 2022-09-28 11:10 AM | Reply

"No, labor is not a commodity. Labor is individuals putting their time and energy towards a task. Commodities can't work."

This is a huge illustration of different mindsets. Where Reps feel people are there to benefit society by doing what is needed, Liberals feel people are all individuals who should have no responsibilities towards society as a whole. Neither way is right or wrong, it's just a fantastic illustration. Both mentalities can be abused and are abused by politicians on both sides. Which is why we are in this mess. Until we find compromises in those two mentalities, it will just continue to get worse.

#10 | Posted by humtake at 2022-09-28 11:42 AM | Reply | Funny: 2

Why not go to a 2-day, 12-hour work week?
I mean, if we are going to decrease our productivity, education, and GDP, might as well go "all in," amirite?

#11 | Posted by e1g1 at 2022-09-28 12:05 PM | Reply

it's just a fantastic illustration.

#10 | POSTED BY HUMTAKE

And you've got it fantastically backwards.

Cons believe that labor should benefit the bottom lines of the employers, for the lowest possible price. Such that it adds to the coffers of the wealthy share holders with no concern for society at all.

Libs believe labor should earn more to the benefit of the individual laborer... The people actually doing the work. Which actually does help society as it increases the standard of living for the majority.

#12 | Posted by Whatsleft at 2022-09-28 12:06 PM | Reply | Newsworthy 1

"Where Reps feel people are there to benefit society by doing what is needed"

Huh? What society needs truck nuts and rolling coal?

#13 | Posted by snoofy at 2022-09-28 12:08 PM | Reply | Funny: 1

"One surprise for most participating organizations was the support from partners and clients, "or, at worst, [they] take the attitude, 'So long as the work gets done, who cares how long it takes?'"

I don't think I have ever had a boss who was like "here is your task. Take as long as you need."

If I'm at a restaurant waiting for my lunch to come out, I definitely care about how long it takes. I've got a job to get back to.

#14 | Posted by madbomber at 2022-09-28 01:25 PM | Reply

#9

Labor is most definntely not a commodity. It has the organic ability to differentiate that true commodities do not. Dry edible beans can't turn into corn when the price of corn increases.

But labor does behave as a commodity at any given time. At least mostly. Some employers may view someone who has graduated from an elite college or have some other unique attribute with no utilitarian value as being differentiated.

But at the end of the day, a ditch digger can become a doctor.

#15 | Posted by madbomber at 2022-09-28 01:28 PM | Reply

"Why not go to a 2-day, 12-hour work week?"

If an employee is able to complete the tasks they have been assigned by their employer, does it really matter how long it takes them?

If they were able to do in 12 hours what had been planned for 40 hours, it would seem to me the employer would simply be wasting 28 hours in the office at the further expense of the employer.

At the same time, if you can't get your assigned tasks done in 40 hours, it's reasonable to expect that you stay as long as you need to in order to get it done.

#16 | Posted by madbomber at 2022-09-28 01:31 PM | Reply

"And you've got it fantastically backwards."

You've both got it backwards.

Income is a direct reflection of labor value, which is determined by the demand for the type of labor you are able to provide relative to the supply of the same. As the scarcity of your particular type of labor increases, so do the wages. As the demand for labor decreases, so do wages.

If you're an unskilled worker, you're competing in a market that includes the vast majority of humans on this planet. And wages will reflect that. If you're a heart surgeon, there aren't many people who can do your job, which means that wages will remain high in order to compensate you for the effort it took to become a surgeon, as well as incentivizing you to keep doing that work.

But hospitals would be more than happy to pay surgeons minimum wage. The markets just won't bear it.

This was your econ lesson for the day. You're welcome.

#17 | Posted by madbomber at 2022-09-28 01:37 PM | Reply

"Income is a direct reflection of labor value"
...
"If you're a heart surgeon"

What's the value of a heart surgeon? He fixes hearts that have problems.

So what's the value of the nutritionist or nurse practitioner who tells the patient to lay off the double cheeseburgers, and thus obviating the need for the heart surgeon?

Isn't that at least as valuable as the heart surgeon himself?

#18 | Posted by snoofy at 2022-09-28 01:41 PM | Reply

"So what's the value of the nutritionist or nurse practitioner who tells the patient to lay off the double cheeseburgers, and thus obviating the need for the heart surgeon?"

Let's pull that thread.

Could a heart surgeon suggest that someone lay off the double cheeseburgers? I think so.

Could a nutritionist or nurse practitioner perform open heart surgery? No.

ECON 101, m'man. Or whatever your preferred pronouns are.

#19 | Posted by madbomber at 2022-09-28 02:56 PM | Reply

"Could a heart surgeon suggest that someone lay off the double cheeseburgers? I think so."

They could, sure.
But if they did, it would lower the need for heart surgeons.
So why would they?

The value of the heart surgeon is zero, for most people. Moreso, for people who don't eat too many burgers. Whereas knowing not to do that is highly valuable, if you can act on the knowledge. It could save you a trip to the heart surgeon.

#20 | Posted by snoofy at 2022-09-28 03:37 PM | Reply

Reduce work by 20%
Adjust pay accordingly?

^
Why should pay be reduced when productivity isn't reduced?

Posted by snoofy at 2022-09-28 11:08 AM | Reply

Because he is a labor is a commodity idiot that has resulted in stagnant wages while the profits of increased productivity flowed to the 1% for the last 50 years resulting in highest ever amount working families eating at food pantries, relying on SNAP and medicaid to survive.

#21 | Posted by Nixon at 2022-09-29 12:11 PM | Reply

#21

It has nothing to do with that, Komrade.

If you can complete the tasks assigned by your employer in a shorter time than they have allotted, it would be wasteful for you to stick around at the jobsite for the duration of that time.

But if you're doing work that is not task based-like a cashier or cook, then no. There is not value in paying you the same amount of money for a smaller amount of labor.

#22 | Posted by madbomber at 2022-09-29 02:24 PM | Reply

'There is not value in paying you the same amount of money for a smaller amount of labor."

Only because of your convenient double standard.

Labor inputs are not being valued the same way labor outputs are.

#23 | Posted by snoofy at 2022-09-29 03:14 PM | Reply

"Only because of your convenient double standard."

What double standard is that?

#24 | Posted by madbomber at 2022-09-30 02:04 AM | Reply

Liberals feel people are all individuals who should have no responsibilities towards society as a whole.

Hummer is calling Boaz a liberal. That's pretty funny.

#25 | Posted by REDIAL at 2022-09-30 10:15 PM | Reply

"France famously has a legally mandated 35-hour work week, enshrined in law since 2000. Under the current economic and epidemiological crisis, the country (politicians, newspapers) are rethinking the working week and if that can't be brought down to 32 hours (or a four-day week).Aug 23, 2021" (Googlesnip)

-lessens the opression of wage-slavery
-creates more jobs

Oh. Cuts corporate profits. Faggetaboutit.
Who among us can compete with corp campaign cpntributions.

#26 | Posted by facthunt at 2022-09-30 11:00 PM | Reply

What double standard is that?
#24 | POSTED BY MADBOMBER

Value.

#27 | Posted by snoofy at 2022-10-01 01:52 AM | Reply

"Who among us can compete with corp campaign cpntributions."

So, stop corporate campaign contributions?
That's stopping free speech -- according to Republicans.

#28 | Posted by snoofy at 2022-10-01 01:54 AM | Reply

"Value."

How is value a double standard?

#29 | Posted by madbomber at 2022-10-01 04:30 AM | Reply

"So, stop corporate campaign contributions?"

Like Soros Fund Management?

They contribute nearly 2.5 times more than the next largest contributor.

Shut them down?

Or should those with the correct values and viewpoints still be allowed to dump money into politcs?

And surely unions shouldn't be stopped from contributing, right?

#30 | Posted by madbomber at 2022-10-01 04:36 AM | Reply

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