Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a bill to establish a standard four-day workweek in the United States without any reduction in pay. The bill, over a four-year period, would lowe…
In manufacturing, there is a piece rate for every SKU. At places I have worked this is a very carefully tracked number, as it will inform the production rate which will then affect inventory. A gain of 20% would be extremely major.
If this ends up working out, awesome. I just fear that cost of living has risen so much lately and this will be weaponized into yet another excuse to charge consumers more. “Of course we have to charge more, our workers are here less!”
In manufacturing, there is a piece rate for every SKU. At places I have worked this is a very carefully tracked number, as it will inform the production rate which will then affect inventory. A gain of 20% would be extremely major.
If this ends up working out, awesome. I just fear that cost of living has risen so much lately and this will be weaponized into yet another excuse to charge consumers more. “Of course we have to charge more, our workers are here less!”
You’re assuming that labor is 100% of operational costs which, especially to a business like you’re describing, is very very far from reality.