Remote Work Has Given Rise To The 7-Day Workweek
Remote Work Has Given Rise To The 7-Day Workweek
Most people dream of an arrangement that would allow them to work from home on a full-time basis. But don’t let the allure of working in your PJs disillusion you — remote work does come with its disadvantages, and some of them may not be as obvious as you may think.
The onset of the COVID-19 pandemic brought many adjustments to our workforce, but perhaps the most significant of them was the shift to remote work. The change proved to be beneficial to many companies, which reported increased productivity and output numbers. Employees were also grateful, as they saved many hours on early mornings and long commutes.
However, as business began to return to normal, the amount of work also increased, and many work-from-home employees were faced with much more burdensome workloads. Because of the flexibility of remote work, these employees are finding themselves spending their weekends catching up on additional tasks, leaving them completely overworked.
According to a report by ActivTrak, American workers worked more hours on Saturdays and Sundays in 2022 compared to 2021, with 5% working through entire weekends. This increased their time on the job by an average of 6.6 hours.
Shutterstock
On top of this, many companies (especially in the tech industry) are also in the midst of conducting mass layoffs, causing many employees to take on even more work to make up for the shortfall.
“As companies downsize and attempt to do more with less, it’s very possible that work is extending beyond the 5-day work week and into the weekends,” said Gabriela Mauch, vice president of the productivity lab at ActivTrak, to Fortune. “We’re apt to see a lot more experimentation as companies begin to realize their approach to work must be uniquely suited to their business and their people.”
With remote work ushering in the new era of the 7-day workweek, a single question lingers on every worker’s mind: “Is the greater flexibility of a work-from-home arrangement worth my health and well-being?”
Source: 1
READ MORE
Even if your company is having problems switching to a new payroll provider, its workers still have to be paid on time.
A dentist pulled the wrong tooth and still charged $1,000. Learn your rights, how to dispute the bill, and what steps to take next.
There are many good reasons to not commingle your inheritance in a joint account.
Once you've worked overtime hours, your employer can't rearrange your schedule to retroactively deny paying you the overtime rate.
A growing number of people are suddenly hearing about a $600 rule connected to Venmo and other cash apps, usually in the form of warnings, screenshots, or half-explained posts. There’s rarely context—just the implication that a normal year of payments may have crossed an invisible line with real consequences.
Curious how your savings stack up? This article compares average savings in the U.S. and Canada, revealing surprising gaps, reasons behind them, and shocking stats about American savings.
Disclaimer
The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.
Dear reader,
It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.
Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!
Warmest regards,
The Moneymade team
