Here’s how your company can switch to a 4-day workweek—and why it should

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The four-day workweek is the latest buzzy workplace trend, with experiments and surveys touting improved employee morale, retention and productivity.

In one study of 41 businesses across the U.S. and Canada — the majority with 25 or fewer employees — 40% of employees surveyed said they were less stressed after trying out a shorter workweek. In addition, 60% of employees reported a better work-life balance and 32% said they were less likely to quit, according to a July 2023 report by 4 Day Week Global, a nonprofit that promotes shorter workweeks.

Business leaders must assess workload, objectives and success metrics. They also need to invest in tools to streamline or automate tasks, such as accounting reports or other administrative responsibilities, so employees can better prioritize their time. Lenaghan advises leaders to “focus on tasks that drive bottom-line results.”

Managers and owners must also be encouraging and set a good example, which involves refraining from sending emails or expecting employees to work on days off. “Some of the problems we saw with execution and missed deadlines might have had as much to do with how the logistics were set up as with the idea of working four days a week,” says Rob Graham, CEO of Poll Everywhere.

Poll Everywhere opted for a staggered schedule for specific teams, where some employees had Friday off while others chose a different day.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nasdaq ends 4-day losing streak as U.S. stocks bounce back after 3 straight weekly lossesU.S. stocks finished higher on Monday, led by gains in technology shares as the S&P 500 and the Nasdaq Composite regained their footing following a losing...
Source: MarketWatch - 🏆 3. / 97 Read more »