These 61 companies moved to a 4-day workweek. Here's what happened to revenue — and employees’ relationships to their jobs.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

These 61 companies moved to a 4-day work week. Here’s what happened to revenue — and employee’s relationship to their job.

Companies in the U.K. that experimented with a four-day workweek last year reported more revenue and less staff attrition, while most workers participating in the trial said they experienced less burnout, fewer negative emotions and more satisfaction with their work-life balance.Companies in the U.K.

In the past, U.S.-based companies including Microsoft MSFT and Shake Shack SHAK have experimented with a four-day workweek for salaried employees with some success. In a test conducted in 2019, Microsoft said productivity jumped 40% when employees worked four days a week, but the company did not subsequently implement a permanent four-day workweek.

“Overall satisfaction with work and life is higher, with employees reporting lower rates of burnout and better physical and mental health. People also have fewer problems with sleep and are exercising more,” said the report, which was based on data from researchers at Boston College and Cambridge University.

4 Day Week Global said it has studied 91 companies and around 3,500 workers — which includes the 61 companies from the most recent study — that have tried the compressed week. Researchers will have more findings from other parts of the world in the coming weeks and months. There’s still the ongoing push and pull on how many days bosses expect their staff to be physically present in the office. Remote work on a mass scale started as a white-collar contingency plan during the pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Show me your balance sheets !!!!!!!!!!!

Yeah they'll be laughing in the unemployment line

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 BUSİNESS

Business Business Latest News, Business Business Headlines