A four-day work week is an aspiration of money, to be paid the same but working fewer hours and having an extra day for leisure time. The biggest challenge against the concept is productivity. This is followed by uncertainty whether there is sufficient time to get all of the necessary work done.
However, a new report out of the U.K. suggests there is no loss of productivity during a four-day work week. The report connects with a six-month pilot that is currently running in different areas of the U.K. The trial, according to The Guardian, is based on the 100:80:100 model – 100 percent of pay for 80 percent of the time, in exchange for a commitment to maintain 100 percent productivity.
There are some indicators in some sectors that there has been increased productivity. Other advantages are:
- Improved morale and fewer absences: A shorter working week leads to less burnout.
- Helps recruitment: Offering potential and existing employees a flexible working pattern will help attract and retain personnel.
For companies debating adopting this new work trend, the first step would be to figure out the logistics of doing so, according to the New York Times.
Anthony Smith, COO of the company Atlas, tells Digital Journal there are benefits for both employees and employers.
Smith explains: “With regards to the employees, a four-day workweek offers more of an opportunity to recharge (physically and mentally) while also allowing your talent the chance to engage in personal interests outside of work. This could mean learning new skills, further networking in the industry, or simply mentally recharging. All have significant benefits to both the employers and employees.”
Moving to the business owner, Smith finds: “As for the employers, there is a solid opportunity to build organizational readiness and business continuity by having employees back each other up during their days off. This helps spread knowledge throughout the organization and often allows employees the opportunity to increase knowledge sharing. With regards to employers, having well-rested and engaged people will always drive business performance and outcomes.”
One final advantage, says Smith: “A shortened week also creates a focus on driving greater efficiency across the organization.”
