Re:Why Americans Work So Much Despite Keynes's Prediction
by ivanhoe on Monday January 11, 2016 @05:36AM
(#10880010)
Yes, but you presume that single worker working 40h/w will charge you the same hourly rate as the one working just 15h/week. It very much depends on peoples' own perception of how much work is "normal", and if you ask them to work more then the usual norm they'll probably ask to be better paid (per hour) for extra effort. Which would make them more expensive to hire, which would lead to hiring more 15h/w workers... some sort of equilibrium would surely arise, but only for jobs that are in high demand... unqualified workers will only work more and more...
Re:Why Americans Work So Much Despite Keynes's Prediction
by miseg on Monday January 11, 2016 @04:41AM
(#10879825)
That's the trouble. From an employee's perspective, I'd like a job with less than 40 hours per week (but also be paid lesson for it). But full working hours are favourable to employers.
Re:Why Americans Work So Much Despite Keynes's Prediction
by tmd on Monday January 11, 2016 @04:51AM
(#10879854)
You're right but I wouldn't like that even as an employee (which I am). Imagine your that your team triples in size and everyone is in some kind of part-time arrangement that makes it difficult to synchronize any kind of real-time communication. Horror.
Personally I think that economy based on a 15-hour work week would be sub-optimal. Total salaries being equal, I'd rather employ a single person working 40 hours than three working 15 where you need to deal with lots of communication and administrative overhead.
Maybe the solution would be taking multiple "gap years" during your career or "mini retirements" but many employers don't like holes in your CVs.
[1] https://www.soa.org/News-and-Publications/Newsletters/Pensio...