The Case for the Shorter Work Week
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The Case for the Shorter Work Week
http://finance.yahoo.com/news/case-shor ... 00325.html
Nothing new here to the likes of us, but could be an interesting article to pass around to non-believers... and I was surprised to find something interesting on Yahoo. As usual, the comments provide some good laughs too.
Nothing new here to the likes of us, but could be an interesting article to pass around to non-believers... and I was surprised to find something interesting on Yahoo. As usual, the comments provide some good laughs too.
Re: The Case for the Shorter Work Week
We may actually be heading toward these shortened work weeks based on the big increase in the number of people who work at temp jobs.
The comments on any major site just expose the lack of logic and knowledge of the general population. I try not read them, as they are very depressing.
The comments on any major site just expose the lack of logic and knowledge of the general population. I try not read them, as they are very depressing.
Re: The Case for the Shorter Work Week
Reading this I have nothing to complain about, living in the Netherland and being Dutch.
My wife and I have both worked for some years 4 days a week each. It is great and less day care is needed. Now it is 5 (me) and 3 (she) days a week.
If I did not had the plan for ere I would love to work 4 or 3 days again.
My wife and I have both worked for some years 4 days a week each. It is great and less day care is needed. Now it is 5 (me) and 3 (she) days a week.
If I did not had the plan for ere I would love to work 4 or 3 days again.
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Re: The Case for the Shorter Work Week
My college had 4 day weeks, it was great. I could work on Friday, helping to pay for said college.
I've never had an employer allow four day weeks, but I do see old-timers strategically using their vacation to do the same thing as much as it allows.
I've never had an employer allow four day weeks, but I do see old-timers strategically using their vacation to do the same thing as much as it allows.
Re: The Case for the Shorter Work Week
I'd find it very upsetting if my company did this.
I'd rather get paid 20% more, work 5 days and hit FI faster.
I'd rather get paid 20% more, work 5 days and hit FI faster.
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Re: The Case for the Shorter Work Week
You may not get paid any less with a four day week. At least my college, the days were longer. I had solid classes some terms from 7 am - 5:30 PM. The teachers put in longer days too.
One of the main benefits touted was energy savings. (HVAC, lightning, fuel for commuters)
One of the main benefits touted was energy savings. (HVAC, lightning, fuel for commuters)
Re: The Case for the Shorter Work Week
Right, very job specific.dot_com_vet wrote:You may not get paid any less with a four day week. At least my college, the days were longer. I had solid classes some terms from 7 am - 5:30 PM. The teachers put in longer days too.
One of the main benefits touted was energy savings. (HVAC, lightning, fuel for commuters)
For hourly people it definitely does not have to mean a cut in pay. For salaried it likely would.
Re: The Case for the Shorter Work Week
Usually when that happens the faculty and staff work Fridays and catch up on all the stuff they can't do when do when students are around, like grading and administrative upkeep.dot_com_vet wrote:My college had 4 day weeks, it was great. I could work on Friday, helping to pay for said college.
Once I had an employer that was OK with me working 10 hour days 4 days a week, with the same pay and responsibilities. I loved it.
Re: The Case for the Shorter Work Week
I worked at a hospital where there was a "Baylor shift" available for nurses. They worked 12 hours sat and sun and did one 8 hr shift during the week. They were paid for 40 hours. Seemed awesome to me!
I should amend my statement above, likely not to help private industry salaried people.
I should amend my statement above, likely not to help private industry salaried people.
Re: The Case for the Shorter Work Week
I'd really consider working 30-35 hrs a week if given the chance. Taxes here are pretty high(the highest marginal tax rate is 57 %), and the top 10 % earn $70000/yr. The combination of high taxes and relatively low wages make careerism less appealing, and I'd prefer having more time right now rather than in X years time. I realize this would increase the time needed to hit FI, but I also feel that the future is uncertain, and I want to live a good life even in the accumulation phase. I might get hit by a bus a month before achieving FI, for example. Like with everything else, you have to compromise, and I feel that a slight reduction in working hours would help make time for health, relationships, spirituality and craft. Sadly, very few jobs in the private sector offers this here. Basically, you work forty hours or zero hours. This is especially true in my industry(construction). People working part-time are basically the involuntarily underemployed in the service industry and women in the public sector. Doctors can get away with it too, since there's a shortage of them.
My plan is to spend my twenties accumulating skills, by avoiding stressful management positions for ones providing me an opportunity to acquire high-demand technical skills, and then "cash in" by starting my own consulting business. Having my own business, I will most likely be able to lower my tax rate a bit, too.
My plan is to spend my twenties accumulating skills, by avoiding stressful management positions for ones providing me an opportunity to acquire high-demand technical skills, and then "cash in" by starting my own consulting business. Having my own business, I will most likely be able to lower my tax rate a bit, too.
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Re: The Case for the Shorter Work Week
The article is not about "alternative" 40 hour schedules (e.g. 4 days at 10 hrs each) but about working less hours than 40 per week. This is based around the historical premise that the explosion in productivity since the industrial revolution would obviate the need for humans to work much more than a few hours a week to produce enough to meet everyone's needs.
But as we all know, instead of working less, we decided we wanted more (stuff). To say nothing of the skewing of profits from all that productivity toward the wealthiest--what the middle-class has seen of those productivity gains, they've been convinced to spend on consumerism.
To say "I couldn't live on less money/hours" generally is missing the point (not saying that of anyone here, since the desire to work more--if you're saving it for FI and not spending it stupidly--is quite understandable).
RE: The "alternative" 40 hour schedule is quite nice. I happen to work a 4 day/10 hr day schedule myself. (And I get to telework two of the four days.) It's been awesome for work/life balance, although admittedly those two days when I don't telecommute are very tiring--I wake up at 5:30AM, leave by 6:00 and get home around 5:30PM, after the traffic.
I wouldn't mind working less time with less pay/benefits. Since I have sufficient vacation time saved and rarely use it, I once asked my supervisor if I could, on a more or less recurring basis, use the four hours of leave I accrue each pay period so I could work for one hour less on those two long days. She didn't respond.
But as we all know, instead of working less, we decided we wanted more (stuff). To say nothing of the skewing of profits from all that productivity toward the wealthiest--what the middle-class has seen of those productivity gains, they've been convinced to spend on consumerism.
To say "I couldn't live on less money/hours" generally is missing the point (not saying that of anyone here, since the desire to work more--if you're saving it for FI and not spending it stupidly--is quite understandable).
RE: The "alternative" 40 hour schedule is quite nice. I happen to work a 4 day/10 hr day schedule myself. (And I get to telework two of the four days.) It's been awesome for work/life balance, although admittedly those two days when I don't telecommute are very tiring--I wake up at 5:30AM, leave by 6:00 and get home around 5:30PM, after the traffic.
I wouldn't mind working less time with less pay/benefits. Since I have sufficient vacation time saved and rarely use it, I once asked my supervisor if I could, on a more or less recurring basis, use the four hours of leave I accrue each pay period so I could work for one hour less on those two long days. She didn't respond.
Last edited by Spartan_Warrior on Mon Jul 15, 2013 9:27 am, edited 1 time in total.
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Re: The Case for the Shorter Work Week
I think if we didn't dramatically increase the demand for material products, as per ERE's general philosophy, and we didn't require fancier newer cars, larger houses, latest tech, etc. this would already be feasible for the entire middle class of America. It's the constant competition for shinier products that drives the rat race.