According to a global study, a four-day week generally shows many positive results.
According to a recent survey of 33 companies and 903 workers experimenting with the four-day work week over a six-month period, the vast majority of respondents don’t want to go back to the five-day week once the experiment ends.
A survey conducted by 4 Day Week Global showed that 97% of the 495 respondents wanted to keep a four-day week, as did the 27 companies that responded to the survey.
The companies that participated in this project were predominantly based in the United States and Ireland and reported increased productivity and increased company revenue.
Kickstarter, a crowdfunding site, is participating in this project and John LelandThe Chief Strategy Officer said in a statement, “The four-day week was transformative for our business and our employees. Employees are more focused, more engaged and dedicated, which helps us achieve our goals better than before.”
Experiments with the four-day workweek do not involve loss of wages, but employers work one day less per week, with the exact day set for some companies or shifted for others, depending on roles and sector. Proponents of the four-day week say the program could also reduce costs to governments due to improved mental health and fewer sick days lost due to stress.
This view is similar to the results of a study currently being conducted in the UK, where many respondents and midstream companies said they preferred a four-day work week. Ultimately, this study has so far found that companies can remain productive and workers feel less stressed and experience better well-being. Workers say they can spend an extra day on chores and chores, leaving them with two full days for their hobbies.
Another similar project was implemented between 2015 and 2019 in Iceland, with Reykjavík City Council and the national government, with the participation of 2,500 workers in a four-day work week project, or 1% of the Icelandic workforce. This experiment ended with what the BBC described as an “overwhelming success” and has since been rolled out to cover 86% of the Icelandic workforce.
The UK trial is the largest so far, with 70 companies and 3,300 workers, and results are expected in February 2023.
Translated article from Forbes US – Author: Alex Ledsom
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