I agree that it's surprising that (1) working long hours seems to have been found ineffective in academic studies and yet (2) businesses tend to want it. Aside from startups, I remark that the finance industry is notorious for extremely long working hours, and yet you'd have thought that (say) a hedge fund could benefit a lot from having its very expensive very smart people working more effectively if shorter hours would achieve that.
One possibility I've wondered about is that maybe it's about latency rather than bandwidth. In other words: If you're at work for shorter hours, then you may get more done but when someone else needs you -- especially if it might be someone else in a different timezone -- then they may have to wait a lot longer, and that may end up outweighing your greater individual productivity.
(I think I've seen something very like this offered as an explanation for investment banks' punishingly long hours: one of the things an i-bank's clients are paying a lot of money for is knowing that at any time they can call up the person who's trying to put together a deal, and discuss it with them. That means that those people need to be around for long hours, which means that the people doing analysis for them also need to be around for long hours. I have never worked in an investment bank and do not know how credible this is.)
I agree that it's surprising that (1) working long hours seems to have been found ineffective in academic studies and yet (2) businesses tend to want it.
Since when did businesses behave according to perfect economic rationality, untainted by macho complexes or status displays/contests?
...I think I've seen something very like this offered as an explanation for investment banks' punishingly long hours: one of the things an i-bank's clients are paying a lot of money for is knowing that at any time they can call up the person who's trying to put together a d
Conventional wisdom, and many studies, hold that 40 hours of work per week are the optimum before exhaustion starts dragging your productivity down too much to be worth it. I read elsewhere that the optimum is even lower for creative work, namely 35 hours per week, though the sources I found don't all seem to agree.
In contrast, many tech companies in silicon valley demand (or 'encourage', which is the same thing in practice) much higher work times. 70 or 80 hours per week are sometimes treated as normal.
How can this be?
Are these companies simply wrong and are actually hurting themselves by overextending their human resources? Or does the 40-hour week have exceptions?
How high is the variance in how much time people can work? If only outliers are hired by such companies, that would explain the discrepancy. Another possibility is that this 40 hour limit simply does not apply if you are really into your work and 'in the flow'. However, as far as I understand it, the problem is a question of concentration, not motivation, so that doesn't make sense.
There are many articles on the internet arguing for both sides, but I find it hard to find ones that actually address these questions instead of just parroting the same generalized responses every time: Proponents of the 40 hour week cite studies that do not consider special cases, only averages (at least as far as I could find). Proponents of the 80 hour week claim that low work weeks are only for wage slaves without motivation, which reeks of bias and completely ignores that one's own subjective estimate of one's performance is not necessarily representative of one's actual performance.
Do you know of any studies that address these issues?