Young people would sacrifice other perks for a 4-day workweek
cnbc.com
cnbc.com
This was my first clue that there was a lot of momentum to keep you dependent on your employer and it doesn't stop with a paycheck. 10-12 days per year really restricts your mobility. Instead of backpacking through SE Asia for a month I basically used that time for Thanksgiving and/or Christmas.
BTW, having 3 days off means you can sprinkle on additional vacation time throughout the year. I'm not surprised Gen-Z would negotiate less vacation time if they could use it more effectively.
It's a more grown-up arrangement where businesses realise that regular time off (and as much time as you need if ill) increases happiness and therefore productivity.
I still miss the food at home, though.
Is there a metric of some sort that I can share with other people that demonstrates 4 weeks PTO does work and has led to increased productivity in Australia?
I personally believe in shorter work weeks, but my experience is anecdotal, so was wondering if there was a study or some kind of economic metric that reflects that statement for increased productivity in AU.
Zero local innovation, and the relatively healthy economy is mostly due to exporting stuff to Asia (education, tourism, and resources).
Productivity can be measured and if that productivity was increased then those statistics should be more visible!
I would love to have a 4-day work week.
still, weirdly enough, i think that overall work life balance and quality of life is much better in europe than in places like sydney. i think that this is actually because australia has turned into a nanny state in almost every other segment of life. europe in this regard treats its inhabitants as adults much moreso than australia
> still miss the food at home
in europe? im actually the opposite. i miss the great variety of great restaurants in sydney and melbourne
Yeah that's what I mean - harder to get good east Asian and Middle Eastern in Europe - although there's more African food here (Europe) than straya.
Pretty much yeah. Austria (the Mozart one, not the kangaroo one) has in general pretty terrible workers' rights and benefits compared to most other wealthy EU countries, unless you work for some government institution or some big and wealthy Metall unionized company.
Sure, it looks good on paper from the outside, but in practice it's not that great, it's just good PR.
One of the reasons I work in the education sector is the generous (compared to startups / most tech companies, anyway) PTO.
We get all of the big holidays off (I think 12) and we have 2-4 weeks of vacation (depending on length of employment) and we have two weeks of paid medical leave (which accumulates, so after the first couple of years you have massive amounts banked) and paid maternity/paternity.
Mine isn't the only employer like this, there are plenty of others, it's not hard to find one. The key to look for is "work life balance." Government jobs, non-profits, education, these sorts of areas - they know they can't compete with tech company salaries but can make up for it in other ways. PTO is only a part of that.
It's not quite the 4 day a week dream job, but there are options available if you look. And as a bonus, you might find yourself more aligned with the mission of the organization than you would at a for-profit tech company.
So many things are wrong with American work culture and there’s nothing most people can do about it.
In the US, I have found that what HR will tell you is different than what your hiring manager will enforce.
My hiring managers were often much more permissive and allowed 4 day work weeks and “unlimited” time off provided it was not detrimental to the team. This also meant that when there was a legitimate emergency; they expected you to assist.
I have heard many horror stories but have been luck not to experience most of them at this point in my career.
I've circled the sun long enough (and dealt with enough military recruiters, LOL) to know that you get it all in writing. Any implied or verbal agreements aren't really worth much.
The good news is that in large publicly traded companies people routinely fly back to India for a month so 4-week vacations are a thing if you are good at leetcode.
I don't know if this is a problem specific to PTO. In general, after 20+ years of working, I've found US employers to be pretty inflexible on all terms/aspects of your working life besides compensation. They may (or often may not) be willing to negotiate pay, but will almost never budge when it comes to:
- Vacation / PTO
- Unpaid leave
- Health benefits
- Financial benefits like 401(k) or life insurance
- IP ownership
- Moonlighting or second jobs
- Schedule flexibility
- Paid training
- Company equipment
These things tend to be "take it or leave it--we won't accept changes to our boilerplate agreement!"
BTW, senior executives had far more flexibility when it came to PTO, leave, pensions, bonuses, IP, etc. And it was managed in the same system that frontline employees were managed from.
It's not about complexity, it's about control.
No matter how hard you work, unless you're in the top 5%, you're far priced out of most places most people want to live.
You can afford everything comfortably beside housing & health care (which you don't need much of when you're young) on a relatively low wage in the US.
So you've pretty much given up on housing. What's the point in working hard?
Even with that, the pay is barely enough to qualify me for my apartment, which is artificially low in rent since I moved in during peak COVID and have had low rent increases.
The premise of the relevant discussion is that the marginal value of additional work and wages beyond the basic requirements is largely nothing. You cannot accrue meaningful savings, but still probably have enough disposable income to live comfortably enough, so it’s just a bad deal to work more.
Very simply, the marginal utility of additional wages is much lower than the cost of working them at the rates being paid.
Marginal utility changed with each unit.
They don't want to work some last x% because they're happy with their current condition. The ants work the last x% so that when they retire they can continue to live in the style to which they've become accustomed.
The young folks are being offered money. They don't think it's meaningful because it doesn't enable them to afford some item now. So they can either decline the money or increase their estimate of its utility by taking their future into account.
They both freeze to death but at least the grasshopper had fun during the short summer first.
https://fred.stlouisfed.org/series/RHORUSQ156N
Also gen z has surpassed millennials and genx in home ownership (with comparable timing).
""In 2022, 30% of 25-year-olds owned a home. At the same age 28% of millennials, and 27% of Gen Xers owned homes, according to real estate brokerage, Redfin.""
https://www.marketplace.org/2023/09/14/how-are-gen-zers-buyi...
Im more inclined to believe the lazy mentality is from lifestyle and cultural stemming. Its cool to not care or try. And according to instagram if you're not a millionaire by age 25 then you're a loser. So why even try?
That being said I see nothing wrong with a 4 day work week.
If this generation is on a par with previous generations, or even surpassing them, wouldn't that indicate they're less lazy? You can't have it both ways - either they're lazy and that explains why they're behind, or they're not behind and that has to mean they're not lazy. How can they be both lazy and ahead?
In any case, the home ownership hasnt budged much in over 50 years. People just like to complain like they always have.
Perception of things being different is simply because everyone and their dog is trying to fit into the few most attractive areas where prices have indeed skyrocketed.
U.S. is by far the cheapest in housing prices vs salaries of all developed countries and nearly the cheapest of all large countries in the world. 5th cheapest to be precise, those 4 above are oil petrocracies plus South Africa, that's fucked in so many ways it doesn't need to be discussed.
And it's absolutely necessary for us to urbanize instead of the wasteful way we use our land, in order to avoid the impending climate, biodiversity, and energy crises.
Anyway --- with this square footage argument. End of the day, I'm still priced out of a house, whether it'd be a big one or a small one. I don't really care about the price per square footage, I care about the ability to get a roof over my head.
Edit: Actually, can you provide sources for this? From what I can find, home prices have been anything but flat, even adjusting for inflation: https://dqydj.com/historical-home-prices/ I have a hard time believing that in ~12 years we grew the entire housing stock square footage by 33%
I also found some data that strongly disputes your claim that the US is the 5th lowest house price to salary ratio: https://www.statista.com/statistics/237529/price-to-income-r..., in fact it seems to be comfortably in the top 10 _highest_
https://www.supermoney.com/inflation-adjusted-home-prices/
as for your link - easy, what's understood by "house" in Luxembourg is usually a "Soviet style apartment block". You need to be a billionaire to own a typical US-sized single family house there, these are passed down the generations from the people who were rich 100+ years ago (but granted, they are usually not built of shit).
https://www.numbeo.com/property-investment/rankings_by_count...
This rating assumes same housing everywhere, not just "average house in a given country". In this case, easily U.S. can be among top 5, because being very rich, and as people say here in the same thread "everything apart from housing and healthcare is cheap anyway", a bigger chunk of expenses can go there.
By another metric - "mortgage vs income" - U.S. is 6th best out of 106 large countries. 50% of the countries (that is, omitting 1/4 worst and 1/4 best) are between 1.7x and 5x worse.
Housing is much more accessible in the U.S. than in just about any country, even if you correct by per capita GDP, that is, it is more accessible than the per capita GDP would imply.
For example, the western part of the country's $/sqft going from $140 to $220 from 2012 to 2022 -- including inflation adjustment?
Sorry but, "housing prices have only gone up by 20% in the last 10 years in areas that are hemorrhaging job opportunities and education!" is not a good counterargument.
But GDP is _absolutely irrelevant_ to the average citizen's purchasing power / income.
And sure, every country has a growing segregation between attractive, expensive areas and unattractive, cheap ones. That's normal. Fitting into attractive ones is a matter of competition and only the best few will - there can't be a place for everyone there no matter how the economy is doing and how high/low are the taxes "for the rich" (because it's not the rich who are buying up the housing).
I'm assuming this is why you're being downvoted. It sounds like you're calling the new generation lazy, though I see now that it wasn't necessarily your intent.
Personally I fully understand those who don't want to spend most of their time and energy at work. Most jobs aren't fulfilling. Some even downright encourage a dysfunctional system.
I was impressed by tech companies in the late 2000s only to realize that they're not trying to "make the world a better place" and that they're just trying to make more money for their shareholders like every company before them.
So why would anyone sacrifice their family time, friends and hobbies just to work on another app that puts scooters on cities' sidewalks and build more hardware that'll end up in a landfill?
It has nothing to do with being cool or being a millionaire. It's just a generation that had their basic needs taken care of and are now getting their priorities straight.
I think there is a lot of data that says the latest generation is the most cynical and jaded yet. There is some crossover between cynicism and motivation. Of course if you ask them, it isn't cynicism, it is realism.
>It's just a generation that had their basic needs taken care of and are now getting their priorities straight.
I think there are is a bit of wanting to have the cake and eat it too. A desire to live a dense urban life, but also have a quaint country home. A desire to be financially independent, but also follow their passions.
In short, I think they have been taught and sold a contradictory set of ideals and desires.
Some of them are willing to take a pay cut in order to work less, and they're being called lazy for it. My argument is that it's not laziness, it's the belief that they're better off fostering their personal relationships and passions than adding the extra money in their bank account.
Perhaps the closest concern I have ever encountered on that front is "where do I put my stuff?" because US culture on average certainly does a lot more hoarding than nearly anywhere else in the world. But that's less to do with square footage of living space and more to do with square footage available to store hoarded items.
EG: such folk (now narrowing perspective to anecdotes of room mates I've had) often wind up placated by access to space in the garage plus a rented storage unit that they literally never visit between when they move in with us and when they move back out perhaps a year or two later.
Our place is a three bedroom unit within a triplex building built in the late 70s and falling apart. Its' rent has recently increased to close to half of all of our net incomes combined. We would like to live somewhere within walking distance (a mile?) of basic necessities, that we can afford, and if its not too much to ask perhaps also is not falling apart.
Number of square feet holds no interest to us but number of bedrooms would be nice so that each adult can have one to sleep in.
My apologies if that strikes you as too "quaint" and you'd rather force us to live 50 miles from the nearest store beyond the reach of basic utilities just because then the rent and/or mortgage payments would be half what we get here.
For example, if you homeless you do not count. If you live with your parents even though you would prefer to rent if you could afford it, that is a home-owned household. If the owner lives in their home and they rent out a room, that's a home. If you used to rent with 4 people and now live with 8, that's a single rental. If you own and live in multiple homes, you count multiple times.
Without more analysis, you can not use this rate to come to any conclusions.
But not owned by you… so it wouldn’t end up in the 30% of "X own their homes" statistic. I’m not really sure what you’re going on about here but none of it makes any sense.
Here's backup from wikipedia, or are they also not making sense?
> The name "homeownership rate" can be misleading. As defined by the US Census Bureau, it is the percentage of homes that are occupied by the owner. It is not the percentage of adults that own their own home. This latter percentage will be significantly lower than the homeownership rate. Many households that are owner-occupied contain adult relatives (often young adults, descendants of the owner) who do not own their own home. Single building multi-bedroom rental units can contain more than one adult, all of whom do not own a home.
> the home ownership rate is created through the Housing Vacancy Survey by the U.S. Census Bureau. It is created by dividing the owner occupied units by the total number of occupied units.
> https://en.wikipedia.org/wiki/Homeownership_in_the_United_St...
"Giving up on housing" is not the right answer. "Start small and work your way up", like most of us did.
See, when you hit 20, you're looking at your parents, and you're seeing them when they're 45 or 50. You're not seeing them when they were 20. You expect that you're going to be able to live like they do at 50, not like they did when they were 20. That's not realistic.
But the answer isn't to give up. The answer is to keep working on it, over decades, instead of expecting it to be handed to you on day one.
Being unaware of reality is also a personal issue too, bud.
I'm guessing OP meant San Francisco?
There is some truth in that message. One can't always live where you wish. In my 20s my #1 goal in life was to live in Manhattan. I tried and tried and tried, but could never afford it. I gave up. Moved somewhere much cheaper (but still jobs around, not talking middle of the desert) where affording a house was no problem. It's not exactly what I wanted at the time, but looking back after a couple decades, has turned out fine.
There are no guarantees and the odds are harrowing. Software engineering could completely dry up tomorrow. Then what? The professions that make any sort of thriving wage and have some semblance of career stability (medicine, finance, etc.) all have stringent gatekeeping pedigree requirements. What's left? Sales? Restarting in a trade where all the incumbents have been doing manual labor since they were in middle school, and you're no longer as youthful and full of vigor as you once were? Grind out for 10 years to get a foothold in the industry, and your body's breaking down, but now you have a shot at starting your own business instead of getting paid $60k/yr (disregarding backbreaking overtime) to do shit work. Great, you're 40 now and all of the economic tribulations you've faced means your retirement accounts are severely lacking. You will never retire and will have to keep on working until you die (either naturally or on the job). Healthcare: costs are going to go up. Housing: you never got the chance to own, so now you're stuck burning money renting. Inflation: everything is more expensive, but compensation hasn't grown with it.
Or more poignantly: can you keep on grinding forever? With all of the young bucks that come into this field with the drive to "make a name for themself" and reinvent the wheel ad nauseam. Can you keep up, old man? You're one psychological accident away from being unable to put bread on the table. Then what? Disability? Living in halfway houses because you can't pay rent anymore? Being surrounded by people who've fallen on hard times who can do nothing but drag you down with them? That's when you spiral further into a hole you can never get yourself out of. You're fucked.
I don't expect to live like my parents, but I won't pretend that life is not utterly and depressingly precarious. Lucky are the middle-aged and older; for they had grown up in utter blissful ignorance of things. Woe is the hyper-connected youth; unable to simply exist.
And that is the thing - they simply do not see path to better conditions in the long term either.
You're assuming it's still possible to buy when saving 5k/year (what my median friend is able to do). It really isn't, or requires complete sacrifice of much of what makes life worth living anyway.
Re: location, there are cheaper places but they're far enough away it's like asking most people to move a plane ticket away from everyone they know (and likely all jobs they have experience in) to restart life.
Instead, most of my friends just accept the studio apartment they live in which costs half their cash flow, and spend the other half on essentials and therapy to cope. It's hard to see this from a $1M house in the burbs
Median weekly earnings of the nation's 122.1 million full-time wage and salary workers were $1,118 in the third quarter of 2023 (1118x52=58136)
412,020/58136=7.09 years wages to pay off a home
Median house price 1980: $64,600
The 1980 median family income was $21,020
64600/21020=3.07 years wages to pay off a home
https://www.redfin.com/us-housing-market
https://www.gobankingrates.com/investing/real-estate/how-muc...
https://www.bls.gov/news.release/pdf/wkyeng.pdf
https://www.census.gov/library/publications/1982/demo/p60-13...
edit
more detail
2023:
412020 30 year loan at 6.5% =
Total principal paid $412,020
Total interest paid $525,508.80
Monthly payments $2,604.25
58136/12=monthly salary of 4844.6
53.7% of monthly pay going to home loan (at 0 down)
1980:
64600 30 year loan at 14% =
Total principal paid $64,600
Total interest paid $210,953.77
Monthly payments $765.43
21020/12=monthly salary of 1751.6
43% of monthly pay going to home loan (at 0 down)
The financialization of housing means you’re competing with massive hedge funds when you want to buy a home or invest in real estate.
Incredible government defect spending ensures more inflation which will outpace salary increases.
This is how I’ve heard the late 70s/early 80s as being described: general malaise.
That, and what's the long term strategy? Do they turn 30 and flip from working part time at Pizza Hut to a professional salaried career? Good luck getting an interview with that CV.
I'm not saying it's an ideal situation to be faced with, but tuning out is just going to make it worse.
Trick question. None of them.
The CEO.
So what we're hand-wringing about is a ~$385 increase in rent, which comes to about 4% more of the person's gross salary than 25 years ago. That sucks a little bit, but it's not a catastrophe.
And on top of that, you can still make a ton of side money through bonuses and stock, in the industry that I assume we're mostly talking about. A few months ago I gave a $90K stock grant to a guy. Even if the stock price stagnates, that on its own is almost half his housing costs for the next five years, and it's all because he works harder than the guy in the next cube over.
For a different anecdote, an friend of mine briefly worked a pizza fast-food joint in Davis (CA), and the pay from that didn't even cover her rent and bills, she had to get support from others.
[0] https://en.wikipedia.org/wiki/List_of_countries_by_average_w...
I moved from a high cost of living city in North America to Latin America. I bought a two floor penthouse overlooking the ocean for less than the price of a two bedroom apartment back where I came from. My mortgage is -$2000 / month. That's right, negative $2000 because I save the full mortgage payment plus an extra $2000 on taxes each month, completely legally and above board.
Now not everything is sunshine and roses (well there is a lot of both, but you know what I mean). The price is I have to work remotely, I had to learn a new language, and Amazon delivery is more like two weeks than 2 days and the shipping is not free. There are definitely things that I miss, but nothing compared to what I gain.
If you have the option, more power to you - literally.
Your point reduces to the idea that nothing can be true, because people can lie.
Yes.
(That question makes no sense.)
Can you elaborate?
It's a lot better for me personally!
you can try! but you'll find that this is basically impossible -- the folks that are good enough aren't going to take 1/10th of the comp they could be making.
It’s reminiscent of the lead up to the drug war that was coinciding with the antiwar movement
Young people looked around and said this society is not working for us, and instead of creating a new society that actually takes care of people, people voted for Nixon and doubled down on maximum alienation capitalism
Sure, few people would actively reject an opportunity to have a high footprint life, but the relative attractivity between footprint maximization and having other priorities in life certainly aren't the same as they used to be in the days of infinite growth illusions.
The effect you describe is much stronger I think, but they are not competing, they complement each other.
I want to play games, learn about AI, 3D printing, CAD, mountain bike, go to trivia, travel to Thailand, travel to Europe, see family across the globe, get more flexible, build muscle, etc etc etc. None of them are at work.
I wouldn’t trade my life now to be a billionaire 70 years ago.
Upward mobility is probably something every generation has complained about throughout history. Economic nihilism isn’t the answer.
Our future generations count on us to improve whatever cards we’re dealt
Now, whether that's right or if the norm is a good place for the majority of people - That's a different matter entirely.
We're at a unique point in that there was a brief period in recent history where upward mobility was true, and now it's becoming untrue again and those for whom it was true don't believe its becoming untrue again.
Perceptions of the past are filtered through media that The life of the top 5% was the average.
Gone are the days of 10x emps, power badasses doing laundry and eating 3 meals a day on campus. It never was healthy for the emps anyway - it only ever benefits the owners.
Unless you own, the only incentive is to work as hard as you are paid for as we all exchange labor and limited lifetimes for wages that ensure someone else’s profit still meets its owners set marks.
That's not even true. I have a large set of anecdata, with people below median income buying houses, and people in the 5% being afraid to buy a house (too risk averse to the point of being detrimental).
If owning a house is your priority, you will make it work. My conclusion is that a large set of people just don't have the basic skills to maintain a house, or simply don't want that responsibility, despite being able to afford it.
> So you've pretty much given up on housing. What's the point in working hard?
What's your plan for when you're 50, broke and almost unemployable due to ageism? Who's going to rent to you and how will you afford it? Are you going to be a squatter? Do you plan to wait until your parents die and live off the inheritance?
That's cool if you don't have answers to those questions when you're 22-25, but what about 35+, like most millennials now are?
The happiest were the oldest, most established workers, because they had already ticked off all so many life goals, had a house, a dog, kids, etc and so less money and more time was great.
In contrast the youngest workers had no stable housing, and wanted more money more than they wanted time, because they wanted an ability to buy themselves some of those lifestyle things the older workers already had (read: stable housing).
In practice the young workers that needed more money simply used the other day for another job, which was their right.
This was in an environment with a dysfunctional unaffordable housing market, so maybe this all just shows how important affordable housing is and how it eventually starts to trumps all other issues.
Of course it does, and why anyone would think otherwise has baffled me my entire adult life.
(1) in any survival class, for me boyscouts, you learn that first priority in any survival setting is shelter.
(2) anyone living in the US in the last 60 years and has paid any attention to the homeless know how fast your life falls apart when you don't have a home. Countless stories of someone having a traumatic life event, and then being evicted with their entire life being tossed out on the curb by an uncaring landlord
(3) a shelter is safety, it is engrained in ourselves that we feel safer and more secure when we have a dedicated place that is permanent.
So of course shelter/affordable housing trumps almost everything else, it always has and always will. It is surprising how society has been, seemingly, brainwashed with the idea that housing has to be (a) an investment vehicle and (b) done for obscene profits.
Programmers usually have a comfortable salary, even with 80% you're still above average and have a lot of disposable income. Maybe a smaller apartment but who cares.
He has such an enormous quality of life that I kinda suspect that all the ones got it wrong. In the end life is not about grinding for the man, it's just a means to an end. They should justify themselves, not him. It's also really stupid considering how committed he is, he just has a rich life besides work. I see others just working inefficiently, trying to dodge responsibility and being kinda lazy. But he get's criticised.
The 5-minute window where my funny 4 day week calculator will shine: https://okjob.io/4-day-week-calculator/
> Now it is true that the needs of human beings may seem to be insatiable. But they fall into two classes --those needs which are absolute in the sense that we feel them whatever the situation of our fellow human beings may be, and those which are relative in the sense that we feel them only if their satisfaction lifts us above, makes us feel superior to, our fellows. Needs of the second class, those which satisfy the desire for superiority, may indeed be insatiable; for the higher the general level, the higher still are they. But this is not so true of the absolute needs-a point may soon be reached, much sooner perhaps than we are all of us aware of, when these needs are satisfied in the sense that we prefer to devote our further energies to non-economic purposes.
[…]
> For many ages to come the old Adam will be so strong in us that everybody will need to do some work if he is to be contented. We shall do more things for ourselves than is usual with the rich to-day, only too glad to have small duties and tasks and routines. But beyond this, we shall endeavour to spread the bread thin on the butter-to make what work there is still to be done to be as widely shared as possible. Three-hour shifts or a fifteen-hour week may put off the problem for a great while. For three hours a day is quite enough to satisfy the old Adam in most of us!
* John Maynard Keynes, Economic Possibilities for our Grandchildren (1930)
* http://www.econ.yale.edu/smith/econ116a/keynes1.pdf
An essay putting forward / hypothesizing four reasons on why the above did not happen (We haven't spread the wealth around enough; People actually love working; There's no limit to human desires; Leisure is expensive):
* https://www.vox.com/2014/11/20/7254877/keynes-work-leisure
For folks who are concerned about younglings not working hard enough or China will take over or some other boomer ideology, this is even happening among youth in developing countries.
Solution: People want to be treated with respect and dignity. That's it. As long as companies treat people as fungible factory workers, companies will be in a constant churn of employees - especially as the newer generations are smaller in size.
"Growth at all costs" mindset is not sustainable or good for anyone but the upper echelons of society.
High housing costs benefit literally nobody but investors trying to wring ever more profit out of the basic needs of their fellow human beings.
They sunk a lot of money into a get-rich-quick scheme and get upset when anyone suggests curbing said scheme for humanitarian reasons.
That money must come from somewhere, and everyone who has to constantly finance those gains with no benefit in return will find a way to change it.
Have fun!
Personally I would switch to a 4 day week with 20% less salary. I would probably even be more than 80% of my current productivity because I'm definitely less productive on many Fridays.
One reason I stopped consulting on the side was a lack of time. Even my hobby projects have taken a backseat these days.
I imagine some people would choose to work a part time job or learn a new skill, which would increase their income potential in the long run.
I felt pathetic accepting the offer especially after my counteroffer was rejected (imagine your bluff failing here, lmao), but I remembered sitting in meetings for a higher paying job fantasizing about how I'd give half my salary away just to have no meetings and living on a beach surfing in the mornings. And that's what I did.
My first job in 2012 was 30k/year, after that 25k/year in 2015. & these are CAD, not USD. I didn't feel pathetic, I felt lucky getting to stay inside during the winter instead of working 12/hr flooring
Guess it's harder when you've had the higher salary already. For me I'd skipped college, so was building a resume
What feels pathetic is when, 10 years later, you are making the same salary again. But at least I was surfing on a beach in Mexico this time around. I was really happy. Maybe that's priceless.
Full day pay bonus if we text/call someone on a non-scheduled work day, no matter how trivial the issue and no matter if they pick up or reply. So we don’t get a guarantee that the issue is resolved and they’re not obligated to help (if they do, they also get paid for working that day, obviously).
It was worth it at the time. But I'm back in the States looking for work after years abroad and can feel the pressure of having a less impressive resume, no big names on my resume, and no US network.
Sometimes I look around at people my age who own property and make six figures and I feel so underachieved. But then I consider how miserable I was working in Austin before I went abroad and I can't think of a better way to have spent my 20s (for me).
Then we can rest between 2-day work spurts.
But I might want to vary it from time to time. So, choice.
I acknowledge that could be difficult to manage in some industries (e.g. trying to get eight people together in a meeting), but it means that traffic would be lowered each working day, as well as people being more spread out when attending leisure activities (i.e.not everyone goes to the beach on a Saturday).
This could potentially be mitigated by having some "common days" enforced. So maybe the whole company works monday and tuesday or something like that. Prefer putting smaller meetings on the other days (You should have at least 1 overlap day with everyone else assuming that everyone has weekends + 1 day of their choosing off) but for larger meetings those provide a high chance of finding a time.
2) Lots of people really like having longer stretches off, as it opens more options for things you can do with the time off.
3) If kids are off school, even for a non-holiday (teacher in-service, say) it’s often a Friday, so that’s a nice day for parents to have off.
TL;DR there’s a pretty strong case for Friday and a somewhat less strong case for Monday. I expect employers and co-workers alike to prefer either of those over Wednesday.
Let my dentist's office be open 7 days a week, with some of them working M-Th and some working Thur-Sun and some working Sat-Tues etc. Maybe some of them mix it up and do M/T/Th/Fr or M/W/F/Su or whatever.
K-12 schools are the tough nut to crack in this scenario.
With a MWF rotation you'd get 4 on, 2 off, 2 on, 1 off, 2 on, 2 off, 4 off, repeat and having that four day weekend every three weeks would really open up weekend trips that require more travel.
I see a lot of criticism of the 10-hour days, but in a mixed environment I like it. With the hours I chose I have a 1 1/2 hour work time in the morning where most everyone else isn't in yet that is very productive for me. I also have an extra half-hour after the time most people leave to do the same. My work is more project oriented, but I still have inconvenient meetings with small windows for work throughout the normal work day.
As workers, we shouldn't lower our expectations or standards for employers. It hurts us all.
25 years later, I wouldn't do it. I'm worried for my retirement, I don't think I'll have enough saving to live in a safe and convenient place, and have access to good healthcare. This is the type of things you don't think of when you just graduate and are used to the student worklife.
Sure, but you'll have even less hope for a salary increase next year, since this is basically what it is.
This was the theory behind France's move to the 35-hour workweek, too. They also expected companies to hire more people to compensate for less work being done. Didn't work out as expected.
The way I see it, as programmers we will be far more productive working fewer days per week and just taking more time to relax. If this assumption is accurate you have to do nothing to compensate.
Basically, "nothing" happened. The expected drop in unemployment never materialized. And although pay rises never were an expected effect of the change (from what I know), they were negatively impacted.
I'm not knowledgeable enough in those matters, so I may be off base, but it would seem that companies started to be less "competitive" when the rule started to be applied, in 2000-2002. But from what I've read on the subject, none of the sides (for and against the measure) can prove that it was undoubtedly a good or a bad thing.
> The way I see it, as programmers we will be far more productive working fewer days per week and just taking more time to relax. If this assumption is accurate you have to do nothing to compensate.
I agree with this. Unfortunately, I'm not in a position to make this kind of decision. And it's pretty clear to me that many managers don't think this way, and somehow figure that your productivity is roughly constant and proportional to the time your butt spends in your seat (at least up to a point).
When I looked at these studies, the productivity was measured by company's revenue, so it was pretty much useless.
> people work harder with less downtime for that 8 hours so consequently get the same amount of work done as their 10-hour-4-days and 5-day-week counterparts.
Maybe it works that way for some people, but I doubt for all.
Personal anecdote - I don't work full 40 with full intensity, I do slack a lot. But it's not like I work hard for the first 32 hours and then slack all Friday. It's more like I work hard for 2 hours and then slack for the next hour, because the mental load is just too intense. Rinse, repeat. Another day off won't do much for me in terms of productivity. On the opposite, I believe I'm less productive on Mondays and even less after longer holidays (I believe it's basically loss of context and "work mood").
I personally also do programming in my free time (usually at least an hour a day), so it's not like the overall load is too much.
Having said that, I would love to have a 4-day week, especially without lost compensation. But to me this idea that there's no productivity loss looks to me very much like wishful thinking.
I felt this way too, but it's a reaction to chronic brain tiredness. When I was working a 4 day workweek, I remember noticing on Tuesday that I only had a couple of days until the end of the week, so I better buckle down if I wanted to get something done. And then I did. Having that reliable 3-day weekend meant that I really focused on work when I was at work. And I was able to schedule "bank appointments" on my Friday off, instead of having to take time during the workweek.
I know it seems like wishful thinking, but I was demonstrably more productive, more sustainably, in that 4-day/week job, than any 5-day/week job I've ever had.
“Younger workers want a 4-day workweek — and some would give up remote work or higher pay for it” https://www.bankrate.com/personal-finance/younger-workers-wa...
> Close to 8 in 10 Gen X and baby boomer workers (or 78 percent for those between the ages of 43 and 77 combined) support a four-day workweek.
> But younger workers indicate they’re willing to go to greater lengths for the schedule, and it sets them apart. More than 9 in 10 of Gen Z and millennial workers who prefer a four-day work week (or 92 percent) would still be willing to work that schedule if it meant giving something up, versus 86 percent of Gen X and baby boomers.
> The steps those younger workers say they would be willing to take include working longer hours (48 percent), changing jobs or companies (35 percent) and coming into the office or working fully in person (33 percent) to have three days off a week. Some would even be willing to take less vacation time (20 percent), accept a pay cut (13 percent) or take a step back in their careers (12 percent) for it.
I feel like people that do meeting all day have no idea how draining coding is.
Hey, I can't look at code for longer than 2 seconds but could you spend 8 hours doing it.
Not every professional job is an office job 9-5.
Not every professional job is an office job 9-5.
The point is that there are many different types of jobs with a variety of benefits, including non-traditional scheduling. If that is something important to you, why not work towards it?
Healthcare is just one example. It’s not perfect either, there are problems for sure. But that is ok for some people who value something like a 3-4 day work week. No job is perfect, it’s all about what trade offs make it worth it to the employee.
You’re suggesting that 92% of the young workforce concentrates on the few jobs with extended shifts. 92% of the next gen of workers will not be working a 9-5 in your scenario.
I don't know, but I guess working 12 hour shift has something to do with it. Around where I live healthcare workers are also often on strike because of low wage and poor working conditions.