asterisk2a + flexible   7

Who wins from workplace flexibility? - BBC News
It has to do with something economists call 'the backward bending supply curve of labour.' As with much of economics, this gymnastic-sounding graphic concept is much simpler than it sounds. On the y-axis is pay: on the x-axis hours worked. At low levels of pay, people have to work long hours to make ends meet. Pay them more, give them more security, and they want more time to themselves. Pay them lots, and they offer fewer hours because they want more leisure time, and the opportunity to spend all that moolah. That's where the curve bends back. [...] A big problem with depending on freelance workers or overtime is that you can't be sure the staff are available when vital services need them. And in a sellers' market for working hours, the trains and the health service find themselves in trouble. ... Workforce planning
labour  market  labour  economics  job  creation  NHS  work  life  balance  workforce  worklife  flexible  work  work  environment  employment  knowledge  worker  knowledge  economy  domain  knowledge  bargaining  power  CV  career  advice  career  ladder  disruption  Software  Is  Eating  The  World  Mobile  Creative  Mobile  Creatives  Future  of  globalisation  globalization  competitiveness  competitive  differentiate  differentiation  marketplace  efficiencies  marketplace  Share  convenience  on-demand  self-employment  employability  employabilitie  underemployed  structural  unemployment  output  gap  productivity  digital  economy  borderless  flat 
july 2015 by asterisk2a
Stephanie Hare on the UK economy - Newsnight - YouTube
>> how many jobs have been lost regarding to banking in london and adjoining businesses ... thousands. thousands of hours of productivity gone (high charges for the hours). forever. = productivity and output gap || and how many times had osborne now moved forward expected savings and targets in time ... every year. || it will not get better as they travel (still) on the same path that leads to nowhere safe. still heading to the cliff. same direction. same speed.
secular  stagnation  flat  world  UK  living  standard  cost  of  living  wage  stagnation  minimum  wage  living  wage  working  poor  squeezed  middle  class  exploitation  wages  productivity  output  gap  Mobile  Creative  Mobile  Creatives  service  economy  service  industry  Services  economics  economic  history  academia  academics  BOE  fiscal  policy  monetary  policy  Mark  Carney  Public  knowledge  worker  workless  underemployed  employment  Politics  recovery  London  Structural  Impediments  deficit  imbalance  faultlines  Europe  GFC  greatrecession  2014  ZIRP  NIRP  QE  unknown  unknowns  unintended  consequences  complexity  incomplete  information  low-income  working  class  workforce  education  policy  White-collar  Future  of  Work  flexible  Zero  Hour  Contract  Blue-collar  behavioral  economics  corporatism  capitalism  globalisation  globalization  Debt  Super  Cycle  deleveraging  debtoverhang  balance  sheet  recession  sovereign  crisis  austerity  David  Cameron  George  Osborne  consumer  infrastructure  investment  infrastructure  hunt  for  yield  property  bubble  housing  market  bubble  policy  folly  policy  error  Career  Politicians  Toff  lost  decade  lost  generation  stagnation 
august 2014 by asterisk2a
The rise of robot scheduling is a nightmare for low-wage workers - Quartz
The Times story points at a larger truth: Advances in management and workplace technology all have essentially one goal, to get more out of employees at lower cost. And in the quest for efficiency, companies often forget they’re dealing with people. + Kantor offers as an example the heartbreaking chronicle of a woman named Janette Navarro, and her efforts to raise her young son while working at Starbucks under this scheduling system. She often found out about her work hours with only a few days notice, requiring panicked adjustments to take care of her son and the family’s finances. She was sometimes asked to “clopen” her store (work till closing at 11pm and return at 4am to open it). The job required constant scrambling and caused tension with family members she frequently needed to beg for help to keep an eye on her son. ... She wasn’t alone.
Zero  Hour  Contract  underemployed  workless  working  poor  service  industry  service  economy  Services  On  Demand  skill-biased  technological  change  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  efficiency  optimisation  labour  economics  labour  market  exploitation  corporatism  well  being  human  being  Wall  Street  profit  maximisation  capitalism  corporate  values  corporate  culture  corporate  governance  flexible  work  Future  of  abuse  of  power 
august 2014 by asterisk2a
BBC News - Flexible working rights extended to all
http://www.bbc.co.uk/news/business-28084265 + http://www.bbc.co.uk/news/uk-24171663 "Working 40 hours per week is fairly typical for full time employees in the UK - but an independent think tank has called for that figure to be reduced to 30 hours. The New Economics Foundation said a shorter, more flexible working week would be good for workers, the environment and the economy." - future is ~30-35hrs with productivity time slots - /// http://www.bbc.co.uk/news/magazine-23462627 Figures from the Office of National Statistics suggest we are actually working on average an hour or two less than we did in 1971 but it does not feel that way, as the internet and email mean we are never off-duty. || http://www.bbc.co.uk/news/business-26436131 - "Compressed hours" - teamTreehouse has a 4 day work week.
flexible  working  hours  productivity  output  gap  Robert  Skidelsky  book  leisure  time  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  future  of  work  happiness  index  GDP  academia  academics  status  symbol  social  status  work  life  balance 
june 2014 by asterisk2a
oftwominds-Charles Hugh Smith: The Changing Nature of Middle Class Work
The economy is changing in structural ways that affect not just the job market but the nature of work itself. If we ask, what is work?, the conventional answer is tasks that somebody will pay us to do. This is true, but it doesn't address why someone is willing to pay us. The answer is to create value. ... [ Skills, not Expertise. ] ...... As technology's ability to replace costly human labor moves from the factory floor to the service sector, the nature of middle class work is changing. [ IBM's company wide Pivot over +10 years from HW to Services and Software Company. With the accompanying downsizing. ] ... Jobs that can be learned in a few hours are prone to being replaced by machines. [...] The protected sectors beset by soaring costs (healthcare, higher education, major weaponry programs, finance, etc.) will undergo the creative destruction of technology-based productivity gains for the reason that they are already unaffordable, not just to households but to the nation.
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may 2014 by asterisk2a

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