1 posts and columns on four-day work week

Coming to the Valley: A Four-Day Work Week?

in News on December 18, 2008 at 9:05 am PT

Global Equities’ Trip Chowdhry thinks so. His theory is that companies trying to hold onto talent while waiting out the recession will do so by shifting to a four-day week. Workers’ salaries would be reduced by 20 percent, but so would their commuting time. Totally worth it, right? Here’s the kicker, though: Chowdhry also contends that widespread 20 percent salary cuts means real estate prices in the Bay Area will be forced down from “artificially inflated prices.” Where do I sign up?