The popular book “The 4-Hour Workweek” provides tips on how to make more money by working less. Now California Democrats are taking a page from the book by proposing to mandate a four-day week, which would require businesses to pay employees the same wages for less work. As labor economics goes, this is up there with paying people not to work and expecting more people to work.
A bill moving through the Legislature would shorten California’s normal workweek to 32 hours from 40 for companies with more than 500 employees. Workers who put in more than 32 hours in a week would have to be paid time-and-a-half. And get this: Employers would be prohibited from reducing workers’ current pay rate, so they would be paid the same for working 20% less.
Source: https://www.wsj.com/articles/californias-french-work-week-32-hours-democrats-progressives-11650055613?mod=itp_wsj&yptr=yahoo
California’s French Four-Day Workweek – WSJ
The popular book “The 4-Hour Workweek” provides tips on how to make more money by working less. Now California Democrats are taking a page from the book by proposing to mandate a four-day week, which would require businesses to pay employees the same wages for less work. As labor economics goes, this is up there with paying people not to work and expecting more people to work.
A bill moving through the Legislature would shorten California’s normal workweek to 32 hours from 40 for companies with more than 500 employees. Workers who put in more than 32 hours in a week would have to be paid time-and-a-half. And get this: Employers would be prohibited from reducing workers’ current pay rate, so they would be paid the same for working 20% less.
Source: https://www.wsj.com/articles/californias-french-work-week-32-hours-democrats-progressives-11650055613?mod=itp_wsj&yptr=yahoo