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In theory, if you're salaried on contracted hours, whether it's Mon-Fri or shift work, it should work out. You work a total of 4/5 of your original contracted hours and more people are hired to cover the drop in hours worked.
It's zero hour contract people that will lose out unless rates are increased to allow them to work less.
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I thought the theory was productivity would be about the same?
A large chunk of my role involves thinking about stuff. Some of that I do while cycling home, standing in the shower, etc. So hours at my desk aren't directly linked to the amount of work I produce. That isn't the same for a more manual job.
I can sort of see how that works for 'knowledge economy' jobs but it feels like the more basic driving a truck/flipping burgers workers are going to loose out even more.