Thousands of employees to be moved permanently to four days in policy described as ‘transformative’
A hundred UK companies have signed up for a permanent four-day working week for all their employees with no loss of pay, a milestone in the campaign to fundamentally change Britain’s approach to work.is hoping they will be the vanguard of a major shift.. They argue that a four-day week would drive companies to improve their productivity, meaning they can create the same output using fewer hours.
“Over the course of the last year and a half, we have not only seen a tremendous increase in employee wellness and wellbeing but concurrently, our customer service and relations, as well as talent relations and retention also have benefited.”for about 70 companies, which employ about 3,300 workers, to adopt the four-day week in a trial with researchers at the Universities of Cambridge and Oxford, Boston college and thinktank Autonomy.
In September, 88% of those companies in a survey at the middle of the trial said the four-day week was working “well” for their business at that stage of the trial. About 95% of the companies surveyed said productivity had either stayed the same or improved since the introduction. Joe Ryle, the UK campaign’s director, said there was increasing momentum in the adoption of the four-day week, even as companies brace for a long recession.
“We want to see a four-day week with no loss of pay become the normal way of working in this country by the end of the decade so we are aiming to sign up many more companies over the next few years,” he said.Get set for the working day – we'll point you to the all the business news and analysis you need every morningNewsletters may contain info about charities, online ads, and content funded by outside parties.
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