Skip Nav
Budget Tips
57 Cheap and Original DIY Couples Halloween Costumes
Budget Tips
101 Costumes to DIY on the Cheap
Organization
Watch This Woman Pack More Than 100 Things Into a TINY Carry-On Bag

Employers Experimenting With a 24-Hour Work Week

The four-day work week has been a popular option for employers looking to save money without losing employees, and some companies have started slashing hours even more, going as low as 24-hours per week. A three-day work week means part-time pay, making it harder for many workers to make ends meet.

The difference in maintaining health benefits at some companies is a mere eight hours — a 32-hour week could mean continued coverage, while a 24-hour week could mean you're out of luck. New York employers cutting hours may have more incentive to keep health benefits in tact. A state program allows employees to collect unemployment benefits to help cover the difference resulting from reduced salaries, but their employers must not have cut benefits in order for them to qualify for the program.

Some workers are embracing the three-day work week, particularly if they have kids at home, but others struggle with the financial hardship it causes and are having trouble adjusting to a choppy schedule. I would definitely need to find additional work if my salary were slashed by 40 percent. How would you handle a huge pay cut?

Source

Around The Web
Join The Conversation
valancyjane valancyjane 7 years
I'd like to think that if my hours were cut along with my pay, I'd have more time to focus on cutting costs - clipping coupons, shopping around for the best grocery deals, cooking at home, etc. Don't know if it would make up for the lost income but it would help a bit. Knowing my company, though, we'd be expected to work 40+ hours but only get paid for 24/32.
humangirl humangirl 7 years
My fiance has been getting 12. He's looking for a new job, but no one has called him back. My hours are starting to go back up, so I'm not too worried about myself... but, we aren't going to make it much longer this way.
humangirl humangirl 7 years
My fiance has been getting 12. He's looking for a new job, but no one has called him back.My hours are starting to go back up, so I'm not too worried about myself... but, we aren't going to make it much longer this way.
bchicgrl bchicgrl 7 years
I'm in that situation, my hours have been cut to 26 a week and it really sucks. I'm looking for another job but there are so many people sending resumes in it's hard.
WeTheLiving WeTheLiving 7 years
I'd look for another job asap. I couldn't live off a 24 hour week and I'm not sure I'd want to work 2 separate jobs, esp. if neither offers benefits. My employer has mentioned switching to a 4 day week if things get worse, which I'm actually kind of hoping will happen. Losing the money would kind of suck, but it could lead to some good opportunities.
Spectra Spectra 7 years
I work part time now as it is, since my husband makes enough money to support us on his own. But if his hours got cut back that much, we'd probably do auto repair side jobs (my husband's also an ASE certified mechanic in addition to being a mechanical engineer) and I'd probably start walking dogs professionally and getting into personal training.
luna08 luna08 7 years
I would be looking for a new, FULL TIME, job. Part-time just wouldn't cut it.
luna08 luna08 7 years
I would be looking for a new, FULL TIME, job. Part-time just wouldn't cut it.
ilanac13 ilanac13 7 years
i'm having enough trouble maintaining with being on a pay freeze since my rent continues to go up and other expenses rise - so this would be really bad for me. i hope that things start to change a bit since we're all going to suffer even more so than now.
kscincotta kscincotta 7 years
Something similar happened to my husband, but luckily, he was able to find another job. His hours weren't cut, but the pay structure was completely reworked which resulted in his paycheck being cut nearly in half.
skigurl skigurl 7 years
as long as my benefits remained, i wouldn't be in too bad of shape i wouldn't quit, but i would certainly try to find another job for the other two days (or maybe one day and take advantage of a 4 day week) - it could be something fun! maybe it would be a blessing in disguise!
skigurl skigurl 7 years
as long as my benefits remained, i wouldn't be in too bad of shapei wouldn't quit, but i would certainly try to find another job for the other two days (or maybe one day and take advantage of a 4 day week) - it could be something fun! maybe it would be a blessing in disguise!
bluebellknoll bluebellknoll 7 years
I wouldn't mind if I worked part-time. I'm married and my hubby earns enough to cover us both easily. But he would NEVER let me do it. I have a long commute and suggested that I see if I can work 3 days a week (10 hr days) which would cut over 200 miles of driving and he pitched a HUGE FIT over it. sigh...
aimeeb aimeeb 7 years
Cry. Ha. I'd need a second job. I don't have help from a roomie, s/o or parents so such a little paycheck would never make my ends meet.
aimeeb aimeeb 7 years
Cry. Ha. I'd need a second job. I don't have help from a roomie, s/o or parents so such a little paycheck would never make my ends meet.
bellaressa bellaressa 7 years
BTW, since she was cut, she lost her medical benefits.
bellaressa bellaressa 7 years
Yes, this happen to my sister. Her job cut all the full time people down to pt, she is looking for another job but it's been hard for her to find one.
Smacks83 Smacks83 7 years
Maybe look for another job (not quitting yet, 24 hours is better than 0 hours) and do another part time to supplement. My two fall backs are dog-walking and pro-dom work.
How Much Money Does Gordon Ramsay Make?
Ann Coulter Will Be Featured On Comedy Central's 'Roast Of Rob Lowe'
Things Your Boss Notices
Teen Fired From Pizza Place For Asking For Equal Pay (Video)
Why Do Poor People Make Bad Decisions?
Companies With the Best Perks
How to Use Social Media to Grow Your Career

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Career & Money
X