are set to take part in a four-day working week trial, just weeks after an identical trial began in the UK.In Australia’s six-month pilot, to begin in August, employees at 20 companies work one less day a week with no cut to their pay.The trade-off for workers receiving 100 per cent of their pay for working only 80 per cent of their usual week is that they maintain 100 per cent of their productivity.
“Companies cannot grow, achieve social impact or reach amazing valuations and new heights without their staff. “We recognised well before the pandemic that the five-day week is no longer fit for purpose, and as we trialed and studied the four-day week it became clear that this is a necessary part of the solution to restore climate balance, among many other documented benefits,” he said.
Let’s see all the companies all of a sudden say you are a part time worker and loose rights as a full time worker
This should certainly boost the current house of cards economic situation!