The 4 Day Work Week *BEGINS NOW*

1 year ago
29
#money #business

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We heard just two years ago that employees were not paid enough from their employers and that there needed to be higher wages and people deserved a better lifestyle. However what we learned was that wage growth following those statements was a measly 3.5% meanwhile purchasing power for their dollars was impacted roughly 20% to 30%. This means that employees were working almost 1 day per week simply to make up for the difference in lost purchasing powers.

Now what they want is for businesses to pay employees to work five days per week but have the employee only work four days per week. This is due to the environment and to combat inequality - per CNN.

What do you think about this whole situation for business owners and entrepreneurs? Do you think that this situation is a good one for both business owners and employees or do you think that these new found changes will be the biggest impact to small business that we will see more closures as expectations rise from both wages to increase as work load to decrease?

I know myself, I would have a hard time asking my boss to pay me for five days when I only worked for four days. If I were the boss, I would have a hard time paying for five days when the employee only worked for four days. What are your thoughts on the four day work week?

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