It’s not wonderful news for employees: fewer employers are offering pay raises and those that will aren’t exactly being generous. Senator Bernie Sanders’ four-day work week? Forget about it. Here's more.
The bulk of organizations surveyed by Payscale are experiencing resistance by their workers when asked to return to the office, Less than a quarter of those firms grappling with workers who want to stay remote feel that the impact is great enough to consider a policy change.In the meantime, one of the more egregious findings: about a quarter of employers surveyed by Payscale pay employees who don’t come into an office less than those who do for the same position.
Most organizations, close to 60%, describe their office environment as either traditional or hybrid, which means that all or most employees would need to live within a commutable distance to an office even if they work from home some of the time, Amy Stewart, associate director of content and editorial, told Yahoo Finance.
“With exploding technology and increased worker productivity, it’s time to move toward a four-day work week with no loss of pay,” Sen. Sanders tweeted from his government account earlier this week. “Workers must benefit from technology, not just corporate CEOs.”with about 2,900 workers across 61 companies in the UK that ended in December 2023. The British companies in industries ranging from marketing to construction allowed employees to work four days a week for identical pay.
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