Extra hours, same s...
 

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[Closed] Extra hours, same salary equals cost saving, how?

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If my working hours are increased from 37 to 40 and my salary stays the same, how would that save my company money? This is one of the proposals agreed by the union with the management that we will have to vote on next week. Also, if my pension contributions are increased by 1% how does that save the company money? The other proposals I can understand, just not sure about these.


 
Posted : 20/02/2009 11:11 am
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Cos then in theory they can then sack 1 in 13 of you.

It's a stupid management idea though because work doesn't really happen like that. There is an interesting book called the Mythical Man Month that talks all about this, which unfortunately a lot of high up managers, not being the sort of people who are able to read books, have not read.

Joe


 
Posted : 20/02/2009 11:14 am
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If my working hours are increased from 37 to 40 and my salary stays the same, how would that save my company money

Reduced overtime payments. Same output with fewer staff.

Also, if my pension contributions are increased by 1% how does that save the company money?

You pay more, they pay less. (Assuming the benefits for you aren't going to increase).


 
Posted : 20/02/2009 11:15 am
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(if you're in a big unionised industry for sack, probably read 'voluntary redundancies' or not employing replacements.

I dunno about you, but I've worked at places with 35, 37.5 and 40 hour weeks, and it really didn't make that much difference anyway - we seemed to work pretty similar hours at all of them (sort of 9-5ish).

Joe


 
Posted : 20/02/2009 11:15 am