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

The Wellington Hotel annex implosion

The old Wellington Hotel annex in downtown Albany was imploded Saturday morning to make way for the new convention center. A video clip is... (more)

A quick recap of the week

Here are a few highlights from the past summer week on AOA: + Lauren explored Hudson Crossing Park. + A historian said he's determined the... (more)

Stuff to do this weekend

In an effort to appreciate the last few bits of summer, AOA is starting our weekend a little early. (We suggest you do the same,... (more)

Pizza o'clock

The results of this analysis of college takeout orders is probably indicative of one (or some) of a few things: 1) GrubHub is popular at... (more)

New York has a big economy, but...

Macroeconomic fact of the day: New York's gross domestic product (GDP) was $1.3 trillion in 2013, according to figures out this summer from the federal... (more)

Recent Comments

I had the pleasure of experiencing protected bike lanes in Montreal recently. It really made for a fast, efficient way to move both bike & car traffic. As a biker, it was easy to see how to navigate a busy road, and it was nice to have a bit of buffer/safety from traffic (or just knowing that the possibility of a car swerving in to you was incredibly low because of these features). As a driver, it was nice to see all of the bikes in one area, so that you don't have the errant biker who decides to blow through most of the traffic signals the wrong way down a street.

The Wellington Hotel annex implosion

...has 1 comment, most recently from Eric Scheirer Stott

The Wellington Hotel

...has 25 comments, most recently from Tom

98 Acres in Albany

...has 6 comments, most recently from Paul

Pulled Pork Sandwich from Stockyard Bar-B-Q

...has 4 comments, most recently from enough already!

Wellington annex implosion road closures (updated)

...has 22 comments, most recently from Lash LaRue