Sid Upadhyay, CEO and co-founder of WizeHire, prepares HR leaders for what could become the nation's future
Assembly Bill 2932 would make the official workweek 32 hours for companies with 500 employees or more, giving higher raises and time-and-a-half pay to any worker who surpasses that cutoff. The state’s legislature has temporarily shelved the concept, citing too little time left in the current session to weigh a bill that would have applied to hourly employees.
In this interview with HRD TV, Sid Upadhyay, CEO and co-founder of WizeHire, lists the benefits and challenges awaiting HR leaders as they transition to a four-day workweek.
“We're having this conversation following recent weeks of news with California and legislatures weighing on, weighing in on the topic,” he told HRD. “I think it's bringing towards the forefront, I think, some great conversations. You know, this is something job seekers are seeking. They're very excited about it. Companies that have tested it out, I think reports something on the order of 60% improvement or increased ability to retain and attract top talent. I think the toughest part of this whole conversation, which I'm sure we'll get into, is really how do we make it more feasible? How do we make it more approachable for not just the largest companies, but all companies out there? Definitely. It's something we're seeing that, again, job seekers are excited about and those that are really, really still on the sidelines in this post-pandemic economy that are yearning for flexibility. This is a great way potentially for them to get back into the into the door.”
Listen to HRD’s entire interview with Upadhyay here.
