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I honestly wonder why there aren't incremental versions of this. Like why not advertise a 38 hour work week where Fridays are 6 hours long? Or 35 where every day starts or ends an hour early?
Fisher-Price offers half day Fridays in the summer and that's a big part of their pitch for why to work there. They are the only company I've ever heard of with anything like it and it's not even year-round. But it makes a lot of sense.
Can someone explain that "with no loss in pay"?
It's not like there is a magical way to know what you'd get paid if you worked a 40hr week, when everybody works 32hr week, and punish your employer if it's less.
It's not like wages are determined by the government either.
Is there any reason that it couldn't use existing employees rate of pay as a benchmark and literally force them to pay accordingly while reducing hours? It's not like that wage data is secret its reported to the government as part of withholding. Ultimately a business would have to hire to meet needs or commit to paying overtime to all its 40 hour workers.
Good for Bernie Sanders.
That would be a great thing but I also had another idea, why can't a test be devised and codified into law, to tie minimum wage to. I know the main reasons why, obstructionist capitalists, but a test to find a living wage, average rent costs tied with other bill expenses and grocery costs. The companies raising costs feel free but the minimum wage will rise. Could something like this work? Tie wages and service/goods costs together to incentivize either livable/thrivable wages or lower costs. either way we need one of those two things, more buying power, or... more buying power.
Something to stop the decages long stagnation of worker compensation.