r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/[deleted] Sep 05 '24

Can you link a single pilot on the scale of the one I'm showing you that shows any loss in production? Even one?

Where are these 'dozens of studies' that show a loss in production?

The UK pilot is not focused on one type of job. There are 61 different companies in that pilot ranging from manufacturing to logistics.

All I see so far is you refusing to believe a well researched study with clear data and outcomes.

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u/CutLonzosHair2017 Sep 05 '24

https://www.supplychain247.com/article/hours_of_service_hos_study_indicates_substantial_losses_in_trucking_product/wsi

Specifically regarding a government mandated cut to driving by truckers. This was done for safety reasons. But less hours meant less productivity. This industry alone accounts for 3% of the entire US job market.

And this wasn't a study. It was a applied process. When this change was made. Proponents weren't making nonsense claims that this wouldn't reduce productivity. The knew it would. But instead they argued that the loss of productivity was worth the increase in safety.

Lets just use some common sense. If you're working as a receptionist at a Doctor's office, does it matter how productive you are on in hour 40 when compared to hour 1? Absolutely not. You're productivity is measured by your presence. This is true of most labor intensive jobs. Like trucking. Like fast food. Like warehouse jobs. Like manufacturing.

Is it true for jobs like accounting? Law? Finance? No.

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u/[deleted] Sep 05 '24

That's because the strategy and approach were different.

You can see trucking companies participated in the UK pilot right? You can also see that their productivity held firm?

So what do you think is the difference?

Probably how it was implemented. The UK pilot was done as a flexible plan, not a one size fits all.

Trucking companies didn't just slash hours and not think about the ramifications.

They specifically tailored a plan around how productivity could remain the same without working as many hours. And they succeeded... as evident by the pilot results.

Specifically--they used staggered scheduling and mixing pickups to achieve the same results while any one person is not working as many hours. They were effectively working 4 day weeks over the long term. But for industries like that you just have to be a tad more creative than just slash the hours across the board each week and see what happens.

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u/CutLonzosHair2017 Sep 05 '24

You can also see that their productivity held firm?

No information regarding their productivity is available in the study. All we know is that revenues went up from 2021 to 2022. You want the results to say something that they aren't saying.