Re:Is the four-day workweek finally within our grasp?
by lotsofpulp on Thursday December 02, 2021 @01:37PM
(#29420355)
Because they will need to hire more hourly workers.
The whole concept of hourly minimum wage is undercut by the ability of businesses to pay a meager salary.
The mechanism of action for increases prices paid to workers is by decreasing supply of man hours from one individual at a low price (i.e. increasing salaries minimum).
Re:Is the four-day workweek finally within our grasp?
by mlyle on Thursday December 02, 2021 @01:46PM
(#29420529)
> Because they will need to hire more hourly workers.
I think this is absolute rounding error on the number of additional hourly workers needed.
Yes, a reasonable percentage of salaried workers in low wage industries are exploited as you describe. In turn, with an hourly wage, they'll work a small percentage fewer hours.
Doubtful
> it will simply require businesses to pay the hourly workers more
Why? It seems like this is a lever you're hoping to use to get the exempt workers paid more and/or a slightly greater allocation of work away from what had formerly been exempt workers.
> benefits
Why?