As in, your output is the same as with a 5 day work week? So essentially a 20% pay cut per unit of work performed?
As in, your output is the same as with a 5 day work week? So essentially a 20% pay cut per unit of work performed?
From the management side, it's common for teams to get into routines where Fridays are basically lost. It starts with getting into the habit of leaving a little bit early on Fridays. Then people realize that they only have a few hours between lunch and leaving early, so they start checking out right after lunch. Then people realize that if they get in after 9AM on Friday, they don't have many hours to get anything done before lunch, so they don't want to get started on anything that requires focus. Eventually, Fridays are a short, laid-back day at the office where they catch up on stray e-mails before going home.
For those teams, going to a 4x8 workweek has no productivity drop because they weren't doing much on Friday anyway. However, for teams that actually get things done on Friday, going to 4x8 or even 4x10 can start to decrease productivity.
Productivity and hours spent working aren't the only things that matter, though. Going to a 4-day workweek is an easy way to keep employees happy, which is valuable in itself.
Also keep in mind that we aren't great at judging our own productivity. We tend to perceive percentage of busy time as productivity, and a 4-day workweek will naturally have a higher percentage of time occupied by work than a 5-day workweek. This increase in percentage of busy time can mislead people into thinking they're being even more productive on more time-compressed schedules, even if they're putting out less work on an absolute scale.
Frankly, a lot of companies switch to 4-day workweeks because they can get 80-90% of the productivity while offering employees a perk they can't usually get at big companies that pay higher salaries.
Perhaps Parkinson's law in action: 'work expands to fill available time'.
Working 4/5 of a standard week and getting paid 4/5 of standard salary would not be a win for me unless I only needed to complete 4/5 as much work.
This does not sound like winning.
The Thread Parent has cut down the hours that they are working, and cut their pay accordingly. But they also happen to be consistently more productive in those hours than they used to be. It wasn't a condition of their cut hours that they are required to work more productively, they just happen to be.
(Yes, ideally a good organization would reward this with a higher monthly pay. But that's a separate issue. I get paid the same as another developer in my position, even if one of us tends to be slightly more productive.)
If you're getting paid the same hourly rate it's still a win to work less.
It just didn't initially sit right with me when I heard Look at me I'm winning! I used to do five days of work and get paid for five, now I do five days of work and get paid for four.
I also went from 8 hour day to 6 hour day with a cut in pay and no loss in productivity and I feel it was a win. I've enough money either way and a lot more time.
If, on the other hand, you’d rather go home and put your 3 day weekends to better use taking care of your household, spending time with family, engaging in a hobby, travelling, or relaxing at the cottage (if you don’t own one, you might try renting one), then your Friday is more valuable to you than the money you lose from taking the day off.