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
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Comments
Does that mean that we're all getting a break on our taxes?
... said Ron on Jan 25, 2013 at 1:31 PM | link
No A/C on Friday or Sat. That must be why Paul Vandenburg is so grumpy on week-ends!
... said mg on Jan 25, 2013 at 5:08 PM | link
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.
... said B on Jan 28, 2013 at 12:38 AM | link