The Four-Day Workweek Is New Standard for 40% of Companies, EY Survey Finds

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American companies are increasingly adopting a four-day workweek, an EY report found, as they move to expand real estate holdings and improve employee morale.

Get San Diego local news, weather forecasts, sports and lifestyle stories to your inbox.Hybrid work showed a marked uptick from 2021, the survey showed, with 70% of employers surveyed adopting a hybrid approach, which has employees working from home two to three days a week.

The four-day workweek and the growth of a hybrid workforce are both parts of what EY said is a shifting landscape in real estate management for corporate leaders."The economic downturn will force leaders to make important decisions regarding their real estate portfolios — from investments, to space optimization, to workforce models," EY partner Mark Grinis said in the press release.

Executives continue to invest in improving employee quality of life, according to EY. Forty-six percent of surveyed employers plan to introduce in-office baristas. A third of surveyed executives plan to implement or extend their childcare options for employees. These changes come after the Covid-19 pandemic bruised employees and drove an uptick in resignations across sectors.

 

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