The favored guide “The 4-Hour Workweek” offers tips about how to earn more money by working much less. Now California Democrats are taking a web page from the guide by proposing to mandate a four-day week, which might require companies to pay workers the identical wages for much less work. As labor economics goes, that is up there with paying individuals to not work and anticipating extra individuals to work.
A invoice transferring via the Legislature would shorten California’s regular workweek to 32 hours from 40 for corporations with greater than 500 workers. Employees who put in additional than 32 hours in every week must be paid time-and-a-half. And get this: Employers can be prohibited from decreasing staff’ present pay charge, so they’d be paid the identical for working 20% much less.
