He’s not talking about a 6-day workweek for himself.
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He probably does BECAUSE HE’S THE OWNER AND GETS ALL THE PROFITS.
What is infuriating is when owners think that employees need to be as dedicated as they are despite not getting the same profit from their labor.
BECAUSE HE’S THE OWNER AND GETS ALL THE PROFITS.
Unless he’s up to his eyeballs in debt, in which case he’s just an employee of his lenders.
Yeah, tons of small business owners often make diddly squat in profit. They might pull in a 7-digit revenue, but if their overhead and/or debt is crazy high, they might actually only be making like $50k/yr in take-home pay, if even that.
I’d be happy to make only $50k/yr
What else can you expect from entitled “people” these days? He probably not even arrives to office half an hour before work.
Let him do this six days alone. Just move elsewhere.
He literally shares the same goals as cancer
Has he considered 7 day work weeks, with sleeping quarters for the workforce to stay on the premises. And armed guards to prevent them from escaping?
shush!!! google indexes Lemmy too!
Oh and they can open up a store that sells basics like bread and water. And a Laundromat on site, so they dont have to go home. Oh and you can just pay them company credits instead of actual currency, in order to really maximize those profits.
And if they don’t have to pay for homes outside the company you can reduce the salary and charge them for rent.
Don’t be silly. They don’t need their clothes washed. They will pay for new company provided uniforms.
Suicide nets.
Makes my slapping hand tingle.
I think it’s hard to dig yourself out of this hole unless you’ve got early retirement on the horizon. The more you work, the less of an outside life you have, and the less you feel compelled to focus on anything but work, rinse and repeat. Your friend probably doesn’t have anything to look forward to IRL, so might as well make more money.
Your friend probably doesn’t have anything to look forward to IRL, so might as well make more money.
Buuut… His workers do. Empathy is caring/taking action about something even if it doesn’t personally affect you.
He’s not talking about a 6-day workweek for himself.
Oh wow, that is horrible. I know people that talk exactly like that w/r/t wanting to “further their career” etc, but I guess the “announcement” part at the end doesn’t make as much sense in that context.
This is a huge piece of context missing from the OP.
Sorry, didn’t realize that. I’ll edit the post.
Strongly suspect that “a % of the overtime rate” is a lot less than 100%, too.
If it’s anything less than the 1.5x overtime rate for any time beyond 40 hours, then he’s also planning to violate Federal labor law.
I strongly suspect this dweeb does not understand that the Federal minimum for overtime pay is neither optional nor negotiable, or he is vainly hoping that his employees don’t.
If this company is in the US, overtime isn’t mandatory for all job categories. If they’re on a salary or some other excepted position (can’t remember if there are other excepted categories), then overtime pay isn’t required by law.
Yes, but if they’re salaried no one would be talking about overtime in the first place. There’s no middle ground, here.
I was just pointing out a caveat to the comment I replied to. We don’t know the entire context here one way or another (e.g. Is the owner talking about hourly employees or possibly offering pay incentives to salaried employees to work overtime?).
You got it. Pay incentives.
Which is galling, in its own right, as it’s – by definition – all overtime.
Not if you’re salaried exempt!
Who knows. Could be 300%. In which case maybe it’s worth it. Lol.
How are you still “friends” with this person?
Better a friend than an employee. 😬
Here’s hoping a large percentage of his employees tell him to pound sand…and then walk
I would quit on the 6th day. I’d show up to my shift for 5 and then not be there on 6. I guess I’d do that until I got fired, but I would never be there on the 6th day.
Your friend needs to realize that no matter how much they want employees to work extra hard, they will not do it because they do not have incentive. No matter how hard they work, they will not benefit in the long term like he will.
Bust my ass six days a week to make HIM wealthy? No. And fuck you.
That is the difference.
I think they know this and their game is to intimidate people into accepting that
Someone’s been reading too many LinkedIn posts
Time to debate how many layers the OSI model has
“A % of the overtime rate”… So not the whole overtime rate… For overtime work?
I’m guessing his employees are salaried and throwing them a fraction of what they’d be due if hourly is how he assuages whatever he has left of a conscience.
1000 is a percent.
First off, expansion by maximizing growth is redundant.
More importantly, if he’s looking to have the facility running for >~40hrs a week, just hire more people. Put them on shifts and bam, the fixed overhead shrinks even smaller in relation to revenue.
That said, I have no idea what his line is, I just assume it’s small-time manufacturing.
To your first point, not always? There’s aggressive growth at all cost. Then, like a fire, everything is consumed, but you now don’t have any staying power and your competitors will tear you apart.
Or there’s sustainable growth. Having backup plans, and making sure an expansion that might not succeed will also not bring down your entire company.
It’s fine to ask your team to bear the burden with appropriate compensation on a timeline of hiring to build out a longer, more sustained work week. Do it right and you’ll even gain respect, just gotta follow-thru and be open and honest about the difficulties, while acknowledging and working with your team. Then also be present consistently during this transition phase and either help if you can, or stay out of the way if you can’t.
Problem is we know this isn’t how it’ll go down.
“how do you plan to counter the inevitable contraction of your workforce to achieve your expansion goals?”
Also, he’s probably a shit person. If he actually implements this plan I’d start inviting him to stuff on his extra work day (maybe pull in other mutual friends). Bonus points if you can make the first extra day such an awesome thing that it either eats him up inside on that day, or if you manage to get him to accept all of his employees revolt over it
Lol, you think a person who implements such a policy will apply it to themselves?
Some people are workaholics, especially people who think like that.
