One thing that companies in South Africa are getting wrong about the 4-day workweek

Although there is more awareness and positive sentiment about the 4-day workweek amongst South African companies, there is a significant misunderstanding over a central pillar of the initiative.

The survey found that 71% of respondents said that the shortening of the workweek can help improve talent retention.“The findings of our survey highlight the ongoing evolution in South Africa’s corporate sector,” Remchannel Managing Director Rene Richter said. 77% of respondents said that they did not expect their employees to take a pay cut in exchange for a 4-day workweek, and 88% said that certain industries or job roles were better suited for the change in schedule.

“This adaptability could provide the balance between maintaining productivity and meeting the changing needs of the workforce. The survey opens up a meaningful dialogue on the future of work in South Africa. “The reality is that for certain businesses and their operations, it will not generate the benefits, and other work models that balance flexibility and productivity will be more suited.”

Canada Canada Latest News, Canada Canada Headlines

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

Africa: U.S.-Africa Business Summit Looks to Enhance Africa's Value in Global ChainsOver 1,000 participants from the U.S. and across the African continent, including government officials, private sector executives, investors, and multilateral stakeholders, are meeting in Botswana's capital city of Gaborone at the U.S.-Africa Business Summit to explore investment opportunities and strengthen business relationships between Africa and the U.S.
Source: allafrica - 🏆 1. / 99 Read more »