Four SF companies with four day work week policies

  • 📰 sfexaminer
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Tech companies, though now going through widespread layoffs and budget-crunches, have long tested the boundaries of the work week.

When it comes to how many days per week you work, more may not be merrier. Overwhelmingly positive results from a recent pilot study out of the United Kingdom have reignited calls for cutting off the fifth day of the standard work week.

The United Kingdom’s trial period was so successful that 92% of companies are sticking with the shortened week, the Washington Post reported. The test run included 3,000 employees across 61 companies and was organized by the advocacy group 4 Day Week Global, along with supporting research teams. Two classic SF companies poised to go public this year A social media platform and a grocery delivery service appear to be ready for their IPO in 2023This ecommerce company adopted the four-day work week at the start of 2022, after a three month internal pilot was met with resounding excitement. In the transition announcement, the company stated that “87% of managers said their team maintained productivity/service levels,” while 94% of employees surveyed wanted to stick with the new schedule.

 

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:

 /  🏆 236. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

San Francisco, San Jose, Sacramento saw biggest drops in home values over last year - San Francisco Business TimesWhen it came to falling home values in the last year, the news was not good in these three Northern California metro areas. Here's how much they fell.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »