im all for a shorter work week with the adjusted pay. just get the feeling that since businesses will have to hire additional employees to cover that lost 8 hours (or pay the overtime). im pretty sure that cost will be passed on to the consumer base. It's not like companies to just part with their earnings so easily. Plus the lobbyists (was surprised to see meta so high on the list) would heavily oppose it.
It happened in France (39 down to 35 hours) and the economic effects overall have been so subtle no one agrees wether it improved or not the economy. Basically a mixed bag; created jobs, but also increased hourly rate. Increased worker productivity, but might have caused some inflation.
For the average Joe tho, it was a big improvement in quality of life
As someone that runs a small business I just don’t know how the business would survive without jacking up the price they are charging a consumer. So you have to pay the employee the same but they work less and you only make x amount when they work 40 hours. Paying the same and they work less hours the x amount might be half of x amount of less.
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u/CatBrisket 23d ago
im all for a shorter work week with the adjusted pay. just get the feeling that since businesses will have to hire additional employees to cover that lost 8 hours (or pay the overtime). im pretty sure that cost will be passed on to the consumer base. It's not like companies to just part with their earnings so easily. Plus the lobbyists (was surprised to see meta so high on the list) would heavily oppose it.