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Changes to the working week?

The future will be very different for employees already we are seeing firms shorten the working week but keeping salaries the same and, it’s perhaps a utopic vision, but we could end up with the same money and more leisure time.

I am sure it will happen and perhaps sooner than you think, the TUC is calling for workers to be paid the same if they are asked to shorten the amount of time they work because more work is being undertaken by robots and AI.

It is estimated that over 3.5 million jobs will be replaced by machines by 2030, at the moment unemployment stands at 1.4 million.

The concern is that improvements made by technology will benefit only shareholders and management, and when you are talking in terms of 100’s of billions of pounds you can have a potential imbalance of wealth.

The future will see some substantial changes in working practice but perhaps no more than were faced throughout history, the economy needs people to spend money and the government may need to find different solutions to ensure people have money to spend.

Changes to the working week?
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