Four-day work week pays off

Interesting bit from the TU Center's end-of-the year operating profit press release: SMG -- the management company that runs the the facility for Albany County -- says it saved more than $100,000 on utilities in 2012 by having staff work four 10-hour days during summer, allowing it to shutdown air conditioning systems Thursday night through Monday morning. SMG says net operating profit for the arena was $826,341 in 2012 -- that's up 56 percent over the figure for 2011 reported in the press release. Full release post jump.

TU Center: 2012 NET OPERATING PROFIT UP 64% OVER 2011 by maryrozak

Comments

Does that mean that we're all getting a break on our taxes?

No A/C on Friday or Sat. That must be why Paul Vandenburg is so grumpy on week-ends!

That's interesting. The "during summer" note is important, but I guess a savings could be seen during winter also. I think the important caveat here is that enough employees have to be working the *same* 4-day shift so that utilities can be cut; this doesn't work as well in industries where bodies are needed 5+ days per week. I'm thinking specifically of state offices, may of which have compressed week options but still staff offices M-F. There are still benefits to that, especially reduced traffic congestion, but I think it's worth noting that not all industries can do what's quoted.

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

Recently on All Over Albany

Albany's oldest buildings

Albany is an old place -- roughly 400 years old, depending on how you're counting. So it's going to have some old buildings. But how... (more)

"Man, @#$% Bon Jovi!"

There are a bunch of interesting threads that intersect in situation surround the impending sale of the Buffalo Bills: culture, identity, Buffalo's future, Andrew Cuomo.... (more)

Casinos 5 years from now? ¯\_(ツ)_/¯

A Time Warner Cable News/Siena College Poll out this week asked people in the upstate regions being considered for casinos to predict five years from... (more)

Info sessions on new CDTA smart cards and mobile payments

Pay by mobile phone to ride the bus? CDTA isn't there, yet -- but it hopes to be by next year. This week the transit... (more)

Morning Blend

In Buffalo Monday, Andrew Cuomo pushed back -- he was "feisty and unrepentant", in the NYT's words -- on the accusations that his administration had... (more)

Recent Comments

I think part of the outrage is a manifestation of the guilt felt by the crowd that refuses to recognize any part of Troy that isn't glossy, groomed, or hipsterfied or threatens that image. I love Troy. I've invested in Troy. But I'm not blind that there is a caste system in Troy. ...

Greulich's Market checks out

...has 3 comments, most recently from Johnh

Architecture gawking in Albany's warehouse district

...has 2 comments, most recently from Andy

Info sessions on new CDTA smart cards and mobile payments

...has 1 comment, most recently from Paula

Reaction to the reaction

...has 3 comments, most recently from CAOD

Along the cheese trail

...has 1 comment, most recently from Ryan