Stock Trading System

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Thursday, 22 October 2009

Utah Government's 4 Day Work Week Saved Money - But Not The Way They Thought

Posted on 09:38 by Unknown
Utah's State Government switched to a 4 day work week (four 10-hour days vs. five 8-hour days) when gas prices were at the peak.  They thought they would save $3 million a year through less spending on energy (less gas for government vehicles, being able to shut down buildings, etc.)

The program just finished its first year. Gas and energy costs dropped since then, and they only saved $502,000 from energy savings.  About 1/6 of what they expected.  They also saved $200,000 on janitorial expenses.

But - as an unexpected surprise - they saved a whopping $4.1 million on overtime!  It turns out that working 10 hours in a day allowed employees to get things done and, after 10 hours, they wanted to go home.

From this data and feedback from employees, it looks like a four day work-week is very productive and a good work-life balance.
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Lichello's AIM System
     I previously mentioned how my trading system is build around constant value investing.  Another system that is based on this technique is ...
  • The Stock Trading Riches Message Board on iHub
    I've created a new message board on iHub to discuss and answer questions about my book, the Stock Trading Riches system, trading and in...
  • Don't Underestimate Small Flows of Passive Income
    Monevator is a motivational blog for armchair investors. It has a good article on Why a little passive income from a side project is worth a...
  • The Value of Good Stock Picking and Rebalancing
    On Wednesday, the Chicago Tribune had an article about how gold and silver prices have declined this year. The article included a graph show...
  • Making Technology Work For You: The Best Day-Trading Software On the Market Today
    This is a guest post by Alexis Bonari An average individual making a foray into online stock trading is faced with a bewildering array of o...
  • New 4-Star Review for "Stock Trading Riches" on Amazon.com
    Zen like but no panacea     This book is a wonderful and simply written explaination of the author's technique of trading that you can...
  • Value of A Small Passive Income Stream
    Monevator is a motivational blog for armchair investors. It has a good article on Why a little passive income from a side project is worth a...
  • The Best New York Investment Isn't From Wall Street
    I read an interesting article in the Chicago Tribune that one of the best investments over the last year is not from Wall Street - but the N...
  • Flooding In My Subdivision
    Yesterday, Chicago got more than a month of rain in a day. Here is a picture of the road into my subdivision.  It was flooded by the lake.
  • Kindle Version of "Stock Trading Riches" Free on Amazon This Week
    The Kindle version of "Stock Trading Riches" is free on Amazon all this week (Monday 5/20 - Friday 5/24). Here is the link: http:...

Categories

  • Billionaires
  • Business
  • celebrities
  • crisis
  • Entrepreneurs
  • FHA
  • Financial Crisis
  • Government
  • Hollywood Bollywood
  • Humor
  • internet marketing
  • Law
  • Marketing
  • Passive Income
  • Personal Finance
  • Personal Growth
  • Politics
  • Real Estate
  • renting
  • Stock Trading
  • Taxes
  • Videos

Blog Archive

  • ►  2013 (13)
    • ►  December (1)
    • ►  November (1)
    • ►  August (1)
    • ►  July (1)
    • ►  June (1)
    • ►  May (1)
    • ►  April (4)
    • ►  March (2)
    • ►  February (1)
  • ►  2012 (33)
    • ►  October (1)
    • ►  September (2)
    • ►  August (2)
    • ►  May (1)
    • ►  April (6)
    • ►  March (9)
    • ►  February (9)
    • ►  January (3)
  • ►  2011 (76)
    • ►  December (6)
    • ►  November (9)
    • ►  October (3)
    • ►  September (4)
    • ►  August (6)
    • ►  July (7)
    • ►  June (6)
    • ►  May (9)
    • ►  April (12)
    • ►  March (5)
    • ►  February (2)
    • ►  January (7)
  • ►  2010 (132)
    • ►  December (15)
    • ►  November (7)
    • ►  October (8)
    • ►  September (14)
    • ►  August (6)
    • ►  July (13)
    • ►  June (19)
    • ►  May (12)
    • ►  April (8)
    • ►  March (12)
    • ►  February (6)
    • ►  January (12)
  • ▼  2009 (197)
    • ►  December (11)
    • ►  November (7)
    • ▼  October (8)
      • Carnival of Financial Planning - October 30, 2009 ...
      • Arnold Schwarzenegger Hidden Message?
      • Utah Government's 4 Day Work Week Saved Money - Bu...
      • Man gets credit card offer with 79% APR.
      • 2016 Olympics - How They Voted
      • Rio Got 2016 Olympics! Chicago Out in First Round!
      • 2016 Olympics Voting Process - Go Chicago!
      • Fw: Bicycling Band
    • ►  September (4)
    • ►  August (12)
    • ►  July (25)
    • ►  June (28)
    • ►  May (24)
    • ►  April (22)
    • ►  March (21)
    • ►  February (14)
    • ►  January (21)
  • ►  2008 (49)
    • ►  December (18)
    • ►  November (4)
    • ►  October (16)
    • ►  September (11)
Powered by Blogger.

About Me

Unknown
View my complete profile