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The four-day workweek in Australia: insights from early adopters of 100:80:100

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Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#61

Post by dbetteridge »

zurfer wrote: post #19
ktallett wrote: post #2

Basically every study shows a four day week works best. The issue is why we never go with what the study shows.

Naive question but if it works best wouldn't companies that have a four day work week outperform theirs peers and because of that grow faster, and become more common? I see the opposite in most startups that have a 6 day work week to get ahead of the "slowly moving" 5 day work week competition.

In a perfect free market, like a spherical chicken in a vacuum. Maybe.

Problem is there's no such thing, monopoly powers, government subsidies, inter-company issues, contracts.

All these things can mean that a less functional, more wasteful and less productive organisation performs (in the sense of the metric that companies care about , line go up) better than a 4 day week startup.

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#62

Post by amelius »

toomuchtodo wrote: post #18
t-writescode wrote: post #7

Earlier quoted context omitted.

Because if we did we’d have universal healthcare, 4 day work weeks, WFH where possible, walkable cities, and a lot more housing, and every single one of those things makes it harder for abusive jobs to control their employees.

Progress is a functioning of effort, time, and luck. It’s a marathon. Keep grinding. Success is proven possible.

We're all in competition with each other. One person works 4 days, another person still working 5 days puts them out of business. Reality is more complicated but in the end there is no way around this basic fact.

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#63

Post by erentz »

sysworld wrote: post #54
ENGNR wrote: post #44

Earlier quoted context omitted.

House tax changes... strong yes Share tax changes... ugh My hope was cashed up bogans would start betting on shares instead of housing/crypto. At least it could be funnelled into something productive

Yeah, housing tax changes were needed, but seems weird to also do Shares. NZ, like always is lagging behind AU, and also needs house tax changes. The housing situation in NZ dire.

NZ is even worse than Australia on the housing tax vs shares tax front. No housing taxes. Yet they have what is effectively an annual wealth tax on shares (FIF) even on their pitiful retirement savings schemes. This discourages saving in shares and encourages putting money in real estate.

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#64

Post by pinkmuffinere »

passive wrote: post #51

Four-day work weeks are for cowards. Take all that AI productivity and found a one-day work week company. One day of focused collaboration each week, let bots and brains chew on stuff in the interim.

Oh no, I can't tell if this is sarcasm or not, lol

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#65

Post by runtime_terror »

azan_ wrote: post #50
oompydoompy74 wrote: post #20

Speaking as an American, I don’t give a shit if it increases productivity or not. Productivity has gone up exponentially with technological advancement since the advent of the 5 day work week. We, as a species, should be minimizing work to 3 or 4 days a week with equal overall pay. Corporations should be fined heavily for contacting an employee after working hours. On call should require corporations to pay hefty ove…

People should realise that they will be the ones paying for it. Prices will increase a lot. People need to be aware of that. Personally I'm okay with that trade-off. Also corporations - when checks and balances work properly, which is frequently not the case unfortunately - are great and net benefit for humanity.

I wonder what would happen to costs if we had a 90%+ tax rate on the ultra wealthy... maybe if all these record profits were instead funneled back into society everyone would be better off AND prices would drop... a system like this would be good for society it seems... we should come up with a good name for that system, tho...

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#66

Post by lmm »

zurfer wrote: post #19
ktallett wrote: post #2

Basically every study shows a four day week works best. The issue is why we never go with what the study shows.

Naive question but if it works best wouldn't companies that have a four day work week outperform theirs peers and because of that grow faster, and become more common? I see the opposite in most startups that have a 6 day work week to get ahead of the "slowly moving" 5 day work week competition.

> Naive question but if it works best wouldn't companies that have a four day work week outperform theirs peers and because of that grow faster, and become more common?

Eventually, but what's the typical lifecycle of a company? And if e.g. Treehouse succeeds or fails, was that because of their 4 day work week or because of any of the hundreds of other reasons a company might succeed or fail?

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#67

Post by stavros »

amazingamazing wrote: post #38
oompydoompy74 wrote: post #20

Speaking as an American, I don’t give a shit if it increases productivity or not. Productivity has gone up exponentially with technological advancement since the advent of the 5 day work week. We, as a species, should be minimizing work to 3 or 4 days a week with equal overall pay. Corporations should be fined heavily for contacting an employee after working hours. On call should require corporations to pay hefty ove…

This will never happen for the simple reason that there are some countries whose members are poor and so they are rightfully ready to work harder and longer for opportunities. A more important point is why is it that Americans objectively are richer yet feel poorer?

But, if there exist poorer countries, why is there a five-day work week instead of a seven-day one? Why aren't we all just working 24/7?

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#68

Post by runtime_terror »

ENGNR wrote: post #11

Australia also has a 60 year productivity low and a government that is boosting taxes on capital gains on shares/business to basically a worldwide high. So take our experiments with a grain of salt!

What's your point about increased capital gains? Taxing income based on ownership should be higher than income via actual labor. It's insane that's not the case in most places.

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#69

Post by losvedir »

oompydoompy74 wrote: post #20

Speaking as an American, I don’t give a shit if it increases productivity or not. Productivity has gone up exponentially with technological advancement since the advent of the 5 day work week. We, as a species, should be minimizing work to 3 or 4 days a week with equal overall pay. Corporations should be fined heavily for contacting an employee after working hours. On call should require corporations to pay hefty ove…

Lot of shoulds, oughts, etc. How about this: do whatever you want. Nothing is stopping you from setting up a 3 day workweek co-op. More power to any group that wants to. There are a number out there already. But it's worth considering why it hasn't totally taken over "naturally".

Re: The four-day workweek in Australia: insights from early adopters of 100:80:100

#70

Post by dwattttt »

rhplus wrote: post #15
umpalumpaaa wrote: post #13

Earlier quoted context omitted.

You increase prices by 20%

Billable hour rates would need to increase by 25% .

You really missed the opportunity here. You were meant to bill for the review, assessment, report production, and risks judged when coming up with that 25%.
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