My business runs 24/7. Most of my employees are working 60 hours a week. As you can guess the overtime is expensive. I am wondering if I could bump up their pay some and go to more of a 4/12 shift. I just have a feeling the younger employees just are not as motivated by money. But where the sweet spot pay wise is the magic question. They feel better, work less, and the business isn’t paying as much in overtime. Have any of you experimented with this with any success?
What kind of business are you in? Different work models mean different scheduling models.
I’m familiar primarily with retail, which has no need for fixed shifts. You schedule people the intersection of when they are available and when you need them.
Is this a job that requires enough skill that you can’t just hire more people? Or are there per-employee fixed costs like insurance that you’re covering that make it less attractive financially?
Very few people actually want to work 60 hours a week. It’s not just younger employees; they’re just more willing to say it. People generally want to work 40 hours and from that be able to afford to pay their bills and live their life.
There is no labor shortage. There’s a wages shortfall. If you pay enough money you can get as many employees as you want in the vast majority of the country.