So while this is really good for people that have dependents at home, or other consistently demanding activities. I would not enjoy such an arrangement.
The arrangement I'd be most excited by is a team with forced three month sabbaticals yearly (or honestly even 6 month sabbaticals). Of-course with the normal amount of vacation time added as well.
The way it would work is: Say a team is supposed to have 8 people. Hire 25% more people and schedule sabbaticals such that there is always ~8 people working. Additionally, you could ensure that there is never a time where two developers go more than 2 months without working together.
Benefits: Increases the supply in the job market; Reduces income disparity; Improves employee work-life balance.
Also ensures good handoff on projects -- if you work 60h/wk for, say, 8 weeks to ship something, and 40h/wk for 2 weeks before/after to handle turnover, and then are basically AFK for 8 weeks, you'll probably do a pretty good job on handing it off.
(My personal ideal is ~8 days on (12-16h/day), 6 days off, and then a month or two off twice a year.)
This is one of my most preferred potential arrangements...but I think the problem is that it actually benefits the worker more than the company - why hire the extra two when you can leave them unemployed and hang the threat of unemployment over your eight?
The arrangement I'd be most excited by is a team with forced three month sabbaticals yearly (or honestly even 6 month sabbaticals). Of-course with the normal amount of vacation time added as well.
The way it would work is: Say a team is supposed to have 8 people. Hire 25% more people and schedule sabbaticals such that there is always ~8 people working. Additionally, you could ensure that there is never a time where two developers go more than 2 months without working together.
Benefits: Increases the supply in the job market; Reduces income disparity; Improves employee work-life balance.