Tuesday, February 26, 2019

The four-day working week

In the Guardian, Robert Booth reports,
The founder of one of the first big companies to switch to a four-day working week has called on others to follow, claiming it has resulted in a 20% rise in productivity, appeared to have helped increase profits and improved staff wellbeing.

Analysis of one of the biggest trials yet of the four-day working week has revealed no fall in output, reduced stress and increased staff engagement, fuelling hopes that a better work-life balance for millions could be in sight.

Perpetual Guardian, a New Zealand financial services company, switched its 240 staff from a five-day to a four-day week last November and maintained their pay. Productivity increased in the four days they worked so there was no drop in the total amount of work done, a study of the trial released on Tuesday has revealed.
Read more here.

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