Sincere question: is this 4-day work week mostly an inflation hedge?
Anticipating huge real CPI cost increases, weighed against net productivity of people working from home, is the bet that you can net the same amount of value and productivity from existing employees in a 20% shorter period, and compensate for inflation by giving them time "off" instead of spending cash on a raise?
Not cynical, just a very wise hedge. I will probably ask this on other 4-day threads, as it seems like a very economical way to retain staff at the same net productivity without paying out cost of living increases. If the economy ever finds a new equillibrium and your company is still profitable, it becomes a tempting private equity target, as they could buy it and simply remove the 4-day week compensation and reap easy growth benefits.
Anticipating huge real CPI cost increases, weighed against net productivity of people working from home, is the bet that you can net the same amount of value and productivity from existing employees in a 20% shorter period, and compensate for inflation by giving them time "off" instead of spending cash on a raise?
Not cynical, just a very wise hedge. I will probably ask this on other 4-day threads, as it seems like a very economical way to retain staff at the same net productivity without paying out cost of living increases. If the economy ever finds a new equillibrium and your company is still profitable, it becomes a tempting private equity target, as they could buy it and simply remove the 4-day week compensation and reap easy growth benefits.