I suspect if it actually passed (highly unlikely) that it would lead to wage stagnation for a few years as companies would say "well you got a 20% raise because of this law so you're good for a few years".
I suspect if it actually passed (highly unlikely) that it would lead to wage stagnation for a few years as companies would say "well you got a 20% raise because of this law so you're good for a few years".
Or the employee can stick to the 32 and force the company to fire them.
Mitch McConnell is retiring and the Affordable Care Act remains in place [4] [5], and the Inflation Reduction Act was passed. Good policy can both get done and be locked in. Time is the variable.
[1] https://news.ycombinator.com/item?id=35549039 (citations)
[2] https://archive.today/h1Oya
[3] https://www.pon.harvard.edu/daily/negotiation-skills-daily/w...
[4] https://en.wikipedia.org/wiki/Efforts_to_repeal_the_Affordab...
[5] https://thehill.com/homenews/senate/4527053-mcconnell-battle...
> A survey of 5,458 Americans that Bentley University recently conducted with Gallup shows that your own employees’ answers — their attitudes and expectations — might vary widely depending on the generational cohort.
…
> Everyone wants a four-day workweek. The survey asked what actions employers could take to increase employees’ well-being. The No. 1 answer was to offer a four-day 40-hour workweek in place of a five-day 40-hour workweek. Overall, 77% of respondents said this would improve their well-being. But among younger workers ages 18 to 29, a whopping 82% favored a shorter workweek.
> That finding was presented to a group of 25 CEOs, none of whom saw a four-day workweek as viable. However, some companies that have participated in experiments with four-day 32-hour workweeks have seen good results for well-being and productivity and have made the change permanent. Older executives might not see employee wellness quite the same way as younger employees — and leaders who figure out how to successfully manage in ways that better support well-being might have a recruitment edge.