Quick refresher on productivity in economic terms: decreasing inputs = decreasing outputs UNLESS tech or technique improves. During supply and/or debt driven inflationary periods (eg. now), increased productivity = increased supply and/or decreased debt. What do these maxims of economics mean for a 4 day work week? At Beacon, nothing*. But implement this at Tyson Foods, Lockheed Martin, Boeing, Waste Management, the…
We're moving to a four-day work week at Beacon
21–30 of 351 posts
Re: We're moving to a four-day work week at Beacon
#22Lol, what a scam, 4 day work week but you have to be in the office. I live close to Shoreditch but preparation time and travel both ways is easily 2 hours a day (for some of my colleagues that would be 3+ hours a day). If you went from working from home 100% 5 days a week to working from the office 100% 4 days a week results in the exact same amount of time, except you remove all the monetary savings from working fro…
The fact that this wouldn't be favorable to you given your particular situation does not make it a "scam".
They claim 80% of time but it's not true at all as I explained before. Not only that but the cost for the individuals is huge when going back to the office.
You must not live in London to comment that.
Re: We're moving to a four-day work week at Beacon
#23Sure, some benefits sound decent but also deceiving… pension match is nice but 6 weeks of holiday (+BH) is actually 24 days and getting £60 for each holiday day taken is £1440 a year that won’t rise with pay rises.
Re: We're moving to a four-day work week at Beacon
#24Quick refresher on productivity in economic terms: decreasing inputs = decreasing outputs UNLESS tech or technique improves. During supply and/or debt driven inflationary periods (eg. now), increased productivity = increased supply and/or decreased debt. What do these maxims of economics mean for a 4 day work week? At Beacon, nothing*. But implement this at Tyson Foods, Lockheed Martin, Boeing, Waste Management, the…
Re: We're moving to a four-day work week at Beacon
#25Lol, what a scam, 4 day work week but you have to be in the office. I live close to Shoreditch but preparation time and travel both ways is easily 2 hours a day (for some of my colleagues that would be 3+ hours a day). If you went from working from home 100% 5 days a week to working from the office 100% 4 days a week results in the exact same amount of time, except you remove all the monetary savings from working fro…
Scam is a bit strong. But I can see leadership wanting everyone back to office for whatever reasons, and out of fear of people leaving if they are forced to return to office, they came up with this 4 day work week thing to make it attractive enough for people to stay.
They tell people they will spend 20% less time to work-related activities which as I said is a lie.
Not only will they spend just as much time for work, it will be more unpleasant and more costly than working from home.
Re: We're moving to a four-day work week at Beacon
#26I would love to hear some stories of startups that have tried to implement a 4 day week… any examples?
Re: We're moving to a four-day work week at Beacon
#27I still don’t understand the 100% as productive in 80% of the time. The math doesn’t check out there unless the expectation is people are working 10 hr days Mon-Thurs. Even in that scenario, not everyone has the stamina to execute at that pace and it also makes it hard to recruit anyone with a kid who needs to navigate school dropoffs/pickups etc.
Re: We're moving to a four-day work week at Beacon
#28Quick refresher on productivity in economic terms: decreasing inputs = decreasing outputs UNLESS tech or technique improves. During supply and/or debt driven inflationary periods (eg. now), increased productivity = increased supply and/or decreased debt. What do these maxims of economics mean for a 4 day work week? At Beacon, nothing*. But implement this at Tyson Foods, Lockheed Martin, Boeing, Waste Management, the…
Re: We're moving to a four-day work week at Beacon
#29If the organization is focused on time spend no work (either in office or remotely) how can work be done in 80% of the time?
Really don't understand how it works in day-to-day. It resembles the unlimited vacation days policy which was later found out to be unhelpful to employees.
Re: We're moving to a four-day work week at Beacon
#30Quick refresher on productivity in economic terms: decreasing inputs = decreasing outputs UNLESS tech or technique improves. During supply and/or debt driven inflationary periods (eg. now), increased productivity = increased supply and/or decreased debt. What do these maxims of economics mean for a 4 day work week? At Beacon, nothing*. But implement this at Tyson Foods, Lockheed Martin, Boeing, Waste Management, the…
That's why in my next start-up, we're making sure that each employee works 168 hours a week. We believe that maximising inputs is the only way to get results.