Imagine only working a 25 to 30-hour workweek, but being paid full time. This is the reality for the employees of my guest, Katelyn Magnuson, the Millenial Money Expert, and owner of a full-service accounting firm.
Katelyn shares her journey from working corporate jobs to becoming an entrepreneur who only works 25-30 hours a week and expects her employees to do the same. She shares the open secret that most office workers only spend an average of 30 hours a week completing productive work. Her schedule allows for an ideal work/life balance that so many people strive for, but never achieve.
Let’s look at how she did it.
Questions and Answers
- To kick things off… why did you choose to go with a 25-30 hour week in your company?
- Are your employees only getting paid for 30 hours, or do they get full-time pay?
- You also said that your workforce is remote, and you let them be more flexible with their schedules vs having their schedule be roughly the same every week — how has that improved things like employee retention and satisfaction?
- Have you had trouble finding employees that can manage this freedom?
- How does this flexibility impact inter-company relationships and staff meetings?
- Has it created any challenges with your relationships with your clients?
- Has this reduced schedule hindered your growth at all?
Do you include employee improvement or training in that 30-hour week? - Why do you think this concept is so hard to normalize — especially in the US?
- Do you have any final advice or tips that you’d like to share with our audience?
- To wrap it up — tell us more about who you like to work with, how you can help them, and where they can find you.
Links and Resources
- Visit Katelyn's website: https://www.katelynmagnuson.com/
- Connect with her on Instagram: https://instagram.com/katelyn.magnuson
- Join her group on Facebook: https://www.facebook.com/groups/MillennialMoneyMastered
- Watch Katelyn's videos on TikTok: https://www.tiktok.com/@katelyn.magnuson
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