Four Day Work-Week?
The economic tsunami that’s hit the world is bringing change on many fronts. This one is most curious: Trip Chowdjry a tech analyst at Global Equities Research believes that in 2009 we’ll see a four day work-week to cut salary costs by 20%.
For some companies that may make sense but I don’t think this is something that’s going to catch on. If you want 100% commitment from your employees you have to give them the same commitment.
So I guess it boils down to either:
(a) 100% of employees being 80% happy
(b) 80& of employees being 100% happy
(c) a mix of (a) and (b)
I believe the answer is clearly (b) for the majority of organizations. Then again (c) could work if there’s voluntary opt in. If an organization chooses (c) then is an 80% employee less likely to get promoted, especially compared to a 100% employee?
The other question to ask is has the net amount of work that the company must do been reduced by 20%? Or do all the employees suddenly become more efficient?
What do you think?
Tags: Economy
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