Would Life Be Better if You Worked Less?
Kanebridge News
Share Button

Would Life Be Better if You Worked Less?

From part-time hours to four-day workweeks, Americans experiment with living more

By RACHEL FEINTZEIG
Tue, Apr 4, 2023 8:37amGrey Clock 4 min

Stephen E. Griffith was working up to 80 hours a week. He was frustrated by the bureaucracy of mounting meetings and craved time with family. So in 2021, he left his thriving practice at a Kansas City, Mo., hospital, and decided to work less.

The neurosurgeon now puts in about one-half to two-thirds of the hours he used to, picking up temporary assignments through a medical-staffing agency, sometimes traveling as far as Oregon. He’s still a doctor and still heals people. But he also goes on midmorning jogs with his wife. He drives his kids to music class. He’s taken more vacations in recent months—to Hawaii, Grand Cayman, Mexico—than during entire years of his past life as a hospital-employed physician.

“Time is a currency,” the 47-year-old says. “Gone are the days where you sign on the dotted line and you can be there for just as long as they tell you to be.”

People with all sorts of jobs seem to agree. They’re reconsidering their relationship to work, how much of their time it swallows, and making changes. In February 2023, 21.9 million Americans were working part time voluntarily, up from 20.7 million the prior year. Meanwhile, some participants in a four-day workweek experiment in the U.K. say there is no amount of money that could make them go back. Lawmakers stateside have taken notice, proposing legislation that would cut the standard workweek here to 32 hours.

It’s hard not to look around and wonder: Would my life be better if I worked less?

“You have this sense of, you’ve taken control of your life,” says Kevin Richardson, who works about 25 hours from Monday through Thursday for a small creative agency. “You see the work as part of your life, rather than the centre.”

Newfound freedom

Dr. Richardson shifted to part-time freelance work last year at the behest of his wife, Lindsay King, who was already down to 15 to 20 hours a week. Freed from the cost and stress of finding paid child care, they can swap who’s in charge of their one- and four-year-old boys. They’ve even been able to relocate to international spots for months at a time.

Speaking recently from a house set amid olive and orange groves in Kalamata, Greece, Dr. King told me she can’t see herself returning to full-time work, even when her children are older.

“I would just have many other things I want to do with my life,” she says, citing travel, volunteering, gardening and long-distance running.

Not that it’s picture perfect. The couple hasn’t amassed enough savings to buy a house in Texas, their home base, and they know they work at the whims of the organisations for which they freelance. Their gigs could dry up at any time.

‘Why did we all work five days?’

For plenty of workers, the possibility of putting in fewer hours simply isn’t an option because they need the money—especially amid inflation—or because of the type of jobs they do.

Some people working fewer hours, including Dr. Richardson, told me they make the same money as before. But contractors are on their own for health insurance and miss out on company benefits like paid time off.

Other workers take big pay cuts to shift to part-time hours only to contend with pressure to pop open their laptops on their day off anyway, or find they’re cut off from key company discussions and promotions.

The answer could be entire organisations where everyone’s putting in fewer hours, says Brendan Burchell, a sociology professor at the University of Cambridge who’s studied how work hours affect psychological well-being.

Humans need work to give structure to our days, to bestow purpose and self-esteem, he says. But we don’t need that much of it. A 2019 paper from Prof. Burchell and several co-authors found that people performing one to eight hours of paid work a week got the same mental health boost—less anxiety, less depression—as those who work 44 to 48 hours a week.

In the future, “We’ll look back and think, why did we all work five days?” Prof. Burchell says.

The part-time business model

Employing mostly part-time workers has helped Sam McKenna’s sales-consulting business be nimble and save money.

“We don’t have people who we’re paying 40 hours who only need 20 hours to get their jobs done,” the Washington, D.C.-area resident says. “We don’t pay overly competitive salaries. We don’t have health benefits.”

And yet, job candidates flood the team with inquiries each month, Ms. McKenna says, even when the company doesn’t have openings. Before the pandemic, it was mostly stay-at-home moms, as well as military and expat spouses who would express interest. These days, Ms. McKenna says she hears from high-powered executives at major consulting and financial-services companies who crave meaningful work, but want a slower pace.

Ms. McKenna initially envisioned herself working part time, too. She left her job at LinkedIn to launch the business in late 2019 with a goal of making half the money she had previously, in half the time she used to spend working.

“I wanted balance,” she says. But as clients kept coming, she swiftly ramped up to 60 hours a week. Keeping up with demand took, well, more work. “You can only do so much part-time.”

Peak performance

Many have found their long hours give diminishing returns.

A full-time employee earlier in her career, environmental engineer Megan Neiderhiser remembers loitering by the water cooler, chatting with colleagues. Now, working 30 hours a week, but aiming for the same revenue targets as her full-time colleagues, she bookmarks every hour for specific goals and doesn’t waste her 40-person team’s time with excess meetings.

Fridays are for yoga classes and playing with her kids, affording her time to think and relax. The Salt Lake City resident says she has better ideas and a better attitude come Monday.

“I’m just convinced,” she says, “this is my top performance.”



MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

Related Stories
Lifestyle
Lamborghini’s Urus SUV Plug-In Hybrid Will Be Available Early Next Year
By Jim Motavalli 02/05/2024
Lifestyle
To Sleep Better, Change What—and When—You Eat
By ELIZABETH BERNSTEIN 01/05/2024
Shutterstock
Property
10 Things That Will Instantly Add Value to Your Property
By Josh Bozin 30/04/2024
Lamborghini’s Urus SUV Plug-In Hybrid Will Be Available Early Next Year
By Jim Motavalli
Thu, May 2, 2024 4 min

The marketplace has spoken and, at least for now, it’s showing preference for hybrids and plug-in hybrids (PHEVs) over battery electrics. That makes Toyota’s foot dragging on EVs (and full speed ahead on hybrids) look fairly wise, though the timeline along a bumpy road still gets us to full electrification by 2035.

Italian supercar producer Lamborghini, in business since 1963, is also proceeding, incrementally, toward battery power. In an interview, Federico Foschini , Lamborghini’s chief global marketing and sales officer, talked about the new Urus SE plug-in hybrid the company showed at its lounge in New York on Monday.

The Urus SE interior gets a larger centre screen and other updates.
Lamborghini

The Urus SE SUV will sell for US$258,000 in the U.S. (the company’s biggest market) when it goes on sale internationally in the first quarter of 2025, Foschini says.

“We’re using the contribution from the electric motor and battery to not only lower emissions but also to boost performance,” he says. “Next year, all three of our models [the others are the Revuelto, a PHEV from launch, and the continuation of the Huracán] will be available as PHEVs.”

The Euro-spec Urus SE will have a stated 37 miles of electric-only range, thanks to a 192-horsepower electric motor and a 25.9-kilowatt-hour battery, but that distance will probably be less in stricter U.S. federal testing. In electric mode, the SE can reach 81 miles per hour. With the 4-litre 620-horsepower twin-turbo V8 engine engaged, the picture is quite different. With 789 horsepower and 701 pound-feet of torque on tap, the SE—as big as it is—can reach 62 mph in 3.4 seconds and attain 193 mph. It’s marginally faster than the Urus S, but also slightly under the cutting-edge Urus Performante model. Lamborghini says the SE reduces emissions by 80% compared to a standard Urus.

Lamborghini’s Urus plans are a little complicated. The company’s order books are full through 2025, but after that it plans to ditch the S and Performante models and produce only the SE. That’s only for a year, however, because the all-electric Urus should arrive by 2029.

Lamborghini’s Federico Foschini with the Urus SE in New York.
Lamborghini

Thanks to the electric motor, the Urus SE offers all-wheel drive. The motor is situated inside the eight-speed automatic transmission, and it acts as a booster for the V8 but it can also drive the wheels on its own. The electric torque-vectoring system distributes power to the wheels that need it for improved cornering. The Urus SE has six driving modes, with variations that give a total of 11 performance options. There are carbon ceramic brakes front and rear.

To distinguish it, the Urus SE gets a new “floating” hood design and a new grille, headlights with matrix LED technology and a new lighting signature, and a redesigned bumper. There are more than 100 bodywork styling options, and 47 interior color combinations, with four embroidery types. The rear liftgate has also been restyled, with lights that connect the tail light clusters. The rear diffuser was redesigned to give 35% more downforce (compared to the Urus S) and keep the car on the road.

The Urus represents about 60% of U.S. Lamborghini sales, Foschini says, and in the early years 80% of buyers were new to the brand. Now it’s down to 70%because, as Foschini says, some happy Urus owners have upgraded to the Performante model. Lamborghini sold 3,000 cars last year in the U.S., where it has 44 dealers. Global sales were 10,112, the first time the marque went into five figures.

The average Urus buyer is 45 years old, though it’s 10 years younger in China and 10 years older in Japan. Only 10% are women, though that percentage is increasing.

“The customer base is widening, thanks to the broad appeal of the Urus—it’s a very usable car,” Foschini says. “The new buyers are successful in business, appreciate the technology, the performance, the unconventional design, and the fun-to-drive nature of the Urus.”

Maserati has two SUVs in its lineup, the Levante and the smaller Grecale. But Foschini says Lamborghini has no such plans. “A smaller SUV is not consistent with the positioning of our brand,” he says. “It’s not what we need in our portfolio now.”

It’s unclear exactly when Lamborghini will become an all-battery-electric brand. Foschini says that the Italian automaker is working with Volkswagen Group partner Porsche on e-fuel, synthetic and renewably made gasoline that could presumably extend the brand’s internal-combustion identity. But now, e-fuel is very expensive to make as it relies on wind power and captured carbon dioxide.

During Monterey Car Week in 2023, Lamborghini showed the Lanzador , a 2+2 electric concept car with high ground clearance that is headed for production. “This is the right electric vehicle for us,” Foschini says. “And the production version will look better than the concept.” The Lanzador, Lamborghini’s fourth model, should arrive in 2028.

MOST POPULAR
35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts

Related Stories
Money
What Your Friends Can Teach You About Money
By JULIA CARPENTER 10/12/2023
Property
Heat coming out of V-shaped property market recovery
By Bronwyn Allen 05/12/2023
Money
Gold Is at a Record High. Why It Is Set to Rise Even More.
By GREG BARTALOS 04/04/2024
0
    Your Cart
    Your cart is emptyReturn to Shop