Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Four-Day Work Week Saves Money, But at What Cost?

16.10.2008
With operating costs rising, employers around the country are entertaining the advantages of a four-day work week. Proponents of the abbreviated schedule boast benefits of cost savings, easier commutes, increased leisure time, and its viability as an alternative to layoffs. So why isn’t this trend becoming widespread?

Eric Patton, Ph.D., an assistant professor of management at Saint Joseph’s University in Philadelphia, says for the schedule to work, it needs to be implemented very carefully.

“Organizations do not operate in a closed system,” explains Patton. “If a company decides to run on a four-day schedule, partner organizations and/or customers operating on the traditional five-day work week may be inconvenienced.”

But where did the five-day work week come from, anyway?

... more about:
»Four-Day Work Week »cost savings

Patton explains the five-day work week stems from the 1938 passage of the Fair Labor Standards Act and, after World War Two, became the norm. It wasn’t until the early 1970s, over 25 years later, that the notion of a four-day work week was discussed.

“At the time, it was touted as a quality-of-life issue whereby workers could have more time with family and friends, schedule personal appointments, and enjoy additional leisure time,” says Patton. “Many of these issues are just as pertinent today.”

Since 1970, there have been earnest attempts by companies and government alike to implement the four-day work week. In 1994, Volkswagon of Germany implemented the schedule only to retract it in 2006, partly because of resentment by workers not eligible to participate.

Patton says attempts like these often falter because of issues like resentment, loss in productivity, inconvenience and absenteeism. Many of the savings and benefits envisioned by managers often prove elusive. Workers, meanwhile, can become exhausted from the long hours and overwhelmed by cramming five days of work into four days.

The bottom line, according to Patton: “The four-day work week should not be a knee-jerk reaction based on desire to reduce costs in the short term. A sophisticated and comprehensive design of the program must be considered to avoid negative consequences for both workers and organizations. ”

Patton can be reached at epatton@sju.edu, at 610-660-3178 or by calling University Communications at 610-660-1222.

Eric Patton | Newswise Science News
Further information:
http://www.sju.edu

Further reports about: Four-Day Work Week cost savings

More articles from Business and Finance:

nachricht Uncovering decades of questionable investments
18.01.2018 | University of Texas at Austin, Texas Advanced Computing Center

nachricht Corporate coworking as a driver of innovation
22.11.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Scientists decipher key principle behind reaction of metalloenzymes

So-called pre-distorted states accelerate photochemical reactions too

What enables electrons to be transferred swiftly, for example during photosynthesis? An interdisciplinary team of researchers has worked out the details of how...

Im Focus: The first precise measurement of a single molecule's effective charge

For the first time, scientists have precisely measured the effective electrical charge of a single molecule in solution. This fundamental insight of an SNSF Professor could also pave the way for future medical diagnostics.

Electrical charge is one of the key properties that allows molecules to interact. Life itself depends on this phenomenon: many biological processes involve...

Im Focus: Paradigm shift in Paris: Encouraging an holistic view of laser machining

At the JEC World Composite Show in Paris in March 2018, the Fraunhofer Institute for Laser Technology ILT will be focusing on the latest trends and innovations in laser machining of composites. Among other things, researchers at the booth shared with the Aachen Center for Integrative Lightweight Production (AZL) will demonstrate how lasers can be used for joining, structuring, cutting and drilling composite materials.

No other industry has attracted as much public attention to composite materials as the automotive industry, which along with the aerospace industry is a driver...

Im Focus: Room-temperature multiferroic thin films and their properties

Scientists at Tokyo Institute of Technology (Tokyo Tech) and Tohoku University have developed high-quality GFO epitaxial films and systematically investigated their ferroelectric and ferromagnetic properties. They also demonstrated the room-temperature magnetocapacitance effects of these GFO thin films.

Multiferroic materials show magnetically driven ferroelectricity. They are attracting increasing attention because of their fascinating properties such as...

Im Focus: A thermometer for the oceans

Measurement of noble gases in Antarctic ice cores

The oceans are the largest global heat reservoir. As a result of man-made global warming, the temperature in the global climate system increases; around 90% of...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

10th International Symposium: “Advanced Battery Power – Kraftwerk Batterie” Münster, 10-11 April 2018

08.01.2018 | Event News

See, understand and experience the work of the future

11.12.2017 | Event News

Innovative strategies to tackle parasitic worms

08.12.2017 | Event News

 
Latest News

Gran Chaco: Biodiversity at High Risk

17.01.2018 | Ecology, The Environment and Conservation

Only an atom thick: Physicists succeed in measuring mechanical properties of 2D monolayer materials

17.01.2018 | Physics and Astronomy

Fraunhofer HHI receives AIS Technology Innovation Award 2018 for 3D Human Body Reconstruction

17.01.2018 | Awards Funding

VideoLinks
B2B-VideoLinks
More VideoLinks >>>