Is 5-to-9 the New 9-to-5?

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WSJ Your Money Briefing 7 min 3 speakers 8 chapters transcribed 2 months ago
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What is the main topic discussed in this episode?

Charles Schwab 0:00
This episode is brought to you by Charles Schwab. Decisions made in Washington can affect your portfolio every day. Washington Wise from Charles Schwab is an original podcast that unpacks the stories making news in Washington. Listen at schwab.com slash Washington Wise.
J.R. Whalen 0:18
Here's your money briefing for Thursday, May 23rd. I'm J.R.

What is the 5-to-9 trend and why are people adopting it?

J.R. Whalen 0:21
Whelan for The Wall Street Journal. How often do you feel there aren't enough hours in the day to get all your work done? Some workers have found a solution, starting the day with a 5 to 9 a.m. shift before they work 9 to 5.
Callum Borchers 0:38
It's just hard to free yourself of distractions during standard business hours. And so these early risers tell me this is when they're at their most productive. Nobody else is up to bother them.
J.R. Whalen 0:47
Wall Street Journal columnist Callum Borshers will join us after the break.

What do early-morning workers say they accomplish between 5 a.m. and 9 a.m.?

Charles Schwab 1:10
Listen at schwab.com slash washingtonwise.
J.R. Whalen 1:42
To stay a step ahead of the workday and maybe even their coworkers, some professionals are starting their workdays with a 5 a.m. to 9 a.m. shift. Wall Street Journal columnist Callum Borshers joins me. Callum, what do people you spoke with say they accomplish during 5 a.m. to 9 a.m. ?
Callum Borchers 2:01
The most common answer, JR, is deep work, like free of the distractions of meetings. I mean, look, we have to get together and meet with coworkers sometimes, but worker after worker tells me it can be hard to get in the flow of working on a task for an extended period of time.

Why do pre-dawn hours enable deeper focus and fewer distractions?

Callum Borchers 2:14
And then, oh, no, I got to go take an interruption, go to this meeting. It's just hard to free yourself of distractions during standard business hours. And so these early risers tell me this is when they're at their most productive. Nobody else is up to bother them.
J.R. Whalen 2:26
And on the other end of that workday, you've got people seeing these emails with pre-dawn timestamps going, what in the world?
Callum Borchers 2:33
There's two pieces to that. One is that you can look really productive if you're the one who's sending those pre-dawn emails, depending on your office culture. Some places discourage sending stuff outside of standard business hours, but you can look like a real go-getter if you're up before dawn. And then the other part, too, is that you're not getting as many of those inbound Slack messages and emails to distract you and pull you off task.
J.R. Whalen 2:53
How do these extra hours in the morning affect their bigger workday?
Callum Borchers 2:58
The people who have tried this for a while say it really gives them a sense of momentum into the regular part of their workday. They've accomplished so much early on that it really sets the tone for the rest of their day. I sort of likened it to my experience rowing, JR, where if you get off to a really fast start, you can glide a little bit in the boat. You get that sense of momentum in rowing and in the workday, as it turns out. A fast start can really pay off in the end.
J.R. Whalen 3:21
But the co-workers of people...

How do colleagues and managers perceive pre-dawn emails and Slack messages?

J.R. Whalen 3:23
who are working these early hours, they're getting these emails and their Slack messages from time to time, the impression could be, oh, this person is just trying to impress the boss.
Callum Borchers 3:32
It certainly can, but you can look like a brown noser. And hey, look, it's not only about impressing the boss, but that can certainly be one of the side effects because a lot of bosses are early birds too. This is a popular CEO habit, right? Whether you're talking about Mary Barra at GM or Tim Cook at At Apple, a lot of CEO types get an early jump on the day. And some of those managers I talked to said, I don't expect my workers to keep the same hours that I do. But I will say, if you want to get a hold of me and get my attention, that's often a good time to get a hold of me because during regular hours, my days fill up with meetings.
J.R. Whalen 4:05
You mentioned side effects. How does tacking on the 5 to 9 time affect their sleep patterns?
Callum Borchers 4:12
Some of these folks just turn into Ben Franklin, right, with the early to bed, early to rise thing. So 9 p.m. is a popular bedtime for these early birds that I spoke with. But others told me that they simply require less sleep than most people. So I definitely met people also who were still staying up till 11 o'clock, midnight, and then they're waking back up at 5 a.m.

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