Wealthy business tycoon, Carlos Slim of Mexico, recently proposed having a three-day workweek while he attended a business conference in Paraguay, as per a piece in The Washington Post. Mentioning this new concept could underscore modern realities.
Consider this: Retirement isn’t exactly going to be 50 or even 60 and it’s not unheard of to be working until 70 or more. As we live longer, we’re working harder but is harder necessarily better? Per the piece, a few charts have indicated productivity plummets when you exceed working a certain number of hires. As companies tighten their headcounts and consequently their budgets, they’re squeezing more and more out of workers and in some cases, getting less and less. Read more