News bomb: hours

Πέμπτη 4 Απριλίου 2013

AAUP: Don't Cut Adjunct Hours To Avoid Obamacare Requirements

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Colleges that reduce working hours for part-time instructors to avoid providing them health insurance coverage are under fire this week, even as they await guidance from the Internal Revenue Service on how best to credit such faculty for their time.

"We have been dismayed by news reports of a handful of colleges and universities that have threatened to cut the courseloads of part-time faculty members specifically in order to evade this provision of the law," a statement from the American Association of University Professors reads. "Such actions are reprehensible, penalizing part-time faculty members both by depriving them access to affordable health care as intended by law and by reducing their income."

Under a new Affordable Care Act provision going into effect in 2014, employees who work at least 30 hours a week are classified as full-time and entitled to employer-provided health insurance benefits.

Top CEOs Work Crazy Hours Even On Normal Days

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Tim Armstrong

It's not news that many CEOs wake up extremely early. The pressure of the job makes it one of the only ways to keep up and still get in a minimum of exercise, family, or personal time.

The Guardian spoke to some top CEOs, who revealed that the definition of work-life balance for CEOs is pretty far off from what most of us would consider reasonable.

The reward for making it to the top seems to be more, not less work.

Below are some typical schedules when they're at home and things are as close to normal as they get. But the life of a CEO is also full of travel and corporate crises, which are likely to stretch many days even further.

AOL CEO Tim Armstrong wakes up around 5 a.m., is out of the house and working from his car by 7 a.m., and works until 7 p.m. He used to start sending emails immediately after waking up, but now restrains himself until 7 a.m.

Weekends are family time, but he's back at it again after 7 p.m. on Sundays.

Helena Morrissey, CEO of Newton Investment, gets up "at 5 in the morning, sometimes earlier," and immediately starts sending emails until her kids get up. She has family dinner scheduled at 7:30 p.m., but works again after that, sometimes for as much as two hours, prepping for the next morning's meetings.

Vodafone CEO Vittorio Colao is up at 6 a.m., exercises for 40 minutes, then works nearly continuously until 10:45 p.m., pausing for family dinner.

He exercises for four hours on weekends, then preps for his work week in between spending time with his wife and children.

That's in line with other famous CEOs, like GE's Jeff Immelt, who's up at 5:30, or GM's Dan Akerson, who rarely makes it past 4:30 or 5 a.m. before he gets up and starts calling Asia.

Some take it even further. Fiat and Chrysler CEO Sergio Marchionne runs businesses based on two different continents. When he's in America, he gets up at 3:30 a.m. to start dealing with Europe.

Being CEO is the goal of many driven business professionals. They should keep the tradeoffs in mind.

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