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COVID-19: Some Companies Exploring If Four-Day Work Week Could Increase Productivity COVID-19: Some Companies Exploring If Four-Day Work Week Could Increase Productivity
Covid-19: Some Companies Exploring If Four-Day Work Week Could Increase Productivity Some companies in the United States have begun exploring the possibility of switching to a four-day workweek as the COVID-19 pandemic has caused changes in the way many Americans work. One of the companies planning to pilot a four-day workweek is Kickstarter. The company announced that next year it plans to pilot the shorter workweek while keeping pay the same for employees, according to the Wall Street Journal. The chief executive of the company said he hopes staff will remain just as productive while having more time to focus on their life outside of work. A study in Iceland found that c…

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by Nicole Valinote
Business
Robots May Be Coming After White Collar Jobs Like 'Phil In Accounting,' New Report Says Robots May Be Coming After White Collar Jobs Like 'Phil In Accounting,' New Report Says
Robots May Be Coming After White Collar Jobs Like 'Phil In Accounting,' New Report Says In the past, when people thought about “computers taking jobs away from real people” most pictured manufacturing processes and call centers becoming robotized. While we have seen that, it’s not the only way robots are replacing people at work. Less visible are the robotics and artificial intelligence taking over white-collar jobs in fields like accounting and human resources, The New York Times just reported in an analysis of the workplace. In some studies, algorithms outperform lawyers and doctors. “The trend — quietly building for years, but accelerating to warp speed since the pan…

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by Kristin Palpini
Business
And We're Off: First-Ever $1 Trillion Holiday Shopping Season Expected And We're Off: First-Ever $1 Trillion Holiday Shopping Season Expected
And We're Off: First-Ever $1 Trillion Holiday Shopping Season Expected Black Friday is here and this holiday shopping season is expected to be one for the books. The spending forecast is above $1 trillion for the first time, with e-commerce sales comprising an estimated $123.7 billion, according to eMarketer. There are a number of ‘macroeconomic indicators’ that hint at this spike in shopping season sales; a positive labor market, increased consumer confidence, and overall GDP growth and lower unemployment. If estimates are correct, the total increase in spending will be 5.8% higher than last year’s sales and spending numbers.

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by Valerie Musson