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Young people would sacrifice other perks for a 4-day workweek

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Re: Young people would sacrifice other perks for a 4-day workweek

#31

Post by trident5000 »

AnimalMuppet wrote: post #24
onlyrealcuzzo wrote: post #7

Young people don't want to work hard because there's little incentive. 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?

So you're not going to be able to live where most people want to live . That's far different from having no house. "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…

lol good luck telling that to this this community who are frustrated they cant afford a home in the most niche place on earth and refuse to live anywhere else.

Re: Young people would sacrifice other perks for a 4-day workweek

#32

Post by onion2k »

yodsanklai wrote: post #27

I negociated a 4-day workweek for my first job when I was 23. 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.

A 4 day work week is not '4 days work for 80% of the money'. A 4 day work week today means working 4 days a week for the same money as a person working 5 days a week. Depending on the company that's either 10 hours a day for 4 days a week, or more commonly it's an 8 hour day for 4 days a week with an assumption (proven in many studies) than 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.

Re: Young people would sacrifice other perks for a 4-day workweek

#33

Post by irrational »

throw0101c wrote: post #13

[…] > 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 satisf…

Leisure is expensive. This year the kids have all week off for Thanksgiving. We said we should go and do something. Then we priced out a bunch of things and everything is far too expensive, so we are staying home.

Re: Young people would sacrifice other perks for a 4-day workweek

#34

Post by dkdbejwi383 »

yardie wrote: post #12

Moving back to the US after living abroad I was used to month long holidays. I applied to a few companies and tried to negotiate 5 weeks PTO. They wouldn't budge. Then 4 weeks. Still no. I offered to drop my salary in exchange for vacation. Still no. I asked HR why everything else was negotiable except PTO and they told me I would have more time off then people who've been there for 7+ years. This was my first clue t…

I'm Australian but have lived in Europe for a long time. When I begin to consider moving back, one of the things that puts me off is that 4 weeks is pretty much universal in Australia, plus in Australia I think it's pretty standard to have a fixed number of days you're allowed to be sick. I'm too used to having 6 weeks holidays and essentially unlimited sick leave (as long as it's legitimately required).

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.

Re: Young people would sacrifice other perks for a 4-day workweek

#35

Post by DangitBobby »

SamuelAdams wrote: post #25

If they (or you, or anyone) want a 4 day work week, then why not pick a profession that allows it? Most healthcare related fields work in 12 hour shifts, so working 3-4 days a week is the normal standard. Not every professional job is an office job 9-5.

No sweat, let me just go back to school and learn to be a healthcare professional.

Re: Young people would sacrifice other perks for a 4-day workweek

#37

Post by trident5000 »

ethanbond wrote: post #29
trident5000 wrote: post #19

Earlier quoted context omitted.

I keep hearing this but home ownership percentage is comparable to past generations when you actually look at the data. 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."" htt…

The data is completely unambiguous: housing prices are (and have been) rising much, much, much faster than wages.

The financial aspect of owing a home, as we know, is more complicated than wages and home prices. Theres also the debt aspect and juxtaposed interest rate.

In any case, the home ownership hasnt budged much in over 50 years. People just like to complain like they always have.

Re: Young people would sacrifice other perks for a 4-day workweek

#38

Post by devjab »

I had a 4 day workweek for a period of time after I got diagnosed with ADHD in a ripe age. Eventually bumped it back up to 5 days because it paid me 1/5 more. My efficiency, however, is around the same, or even slightly lower, than it was when I was working 4 days. Which isn't low enough to cause me any issues, but it's also sort of silly that I get paid more for the same/less solely due to spending more hours in the office and not for the work I'm actually performing. This isn't because I'm quiet quitting or whatever trend there is hip with the anti-work crowd, it's simply because I'm more tired and I perform worse when I'm tired.

Re: Young people would sacrifice other perks for a 4-day workweek

#39

Post by [deleted] »

SamuelAdams wrote: post #21
jt2190 wrote: post #2

Source for the article: “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, a…

If they (or you, or anyone) want a 4 day work week, then why not pick a profession that allows it? Most healthcare related fields work in 12 hour shifts, so working 3-4 days a week is the normal standard. Not every professional job is an office job 9-5.

[deleted]

Re: Young people would sacrifice other perks for a 4-day workweek

#40

Post by anovikov »

ethanbond wrote: post #29
trident5000 wrote: post #19

Earlier quoted context omitted.

I keep hearing this but home ownership percentage is comparable to past generations when you actually look at the data. 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."" htt…

The data is completely unambiguous: housing prices are (and have been) rising much, much, much faster than wages.

Well, this is simply not the case. Inflation adjusted housing prices per square foot has been flat for the last 50 years with slight fluctuations. Houses increased in footage, so inflation adjusted house prices have been flat vs wages (that grew).

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.

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