For many companies, four-day workweeks going from pipe dream to serious consideration - Phoenix Business Journal

  • 📰 phxbizjournal
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Four-day workweek continues to grow amid labor crunch. Here's where the movement stands right now.

Many workers are gearing up for a shortened Thanksgiving workweek, but new data suggests a significant number of companies are considering shortening their workweeks on a permanent basis.from Ernst & Young LLP said they have either started using a four-day workweek or are in the process of implementing one. The survey included more than 500 C-suite and business leaders across multiple industries in the United States.

EY chalked up the growing interest in four-day workweeks to employers adapting their work patterns to attract employees who are searching for more flexible options. Many companies are also taking advantage of the That was the case for Thomas Carpe, CEO and principal architect of Baltimore-based SharePoint and Microsoft cloud technology developer Liquid Mercury Solutions.his company was originally kicking around the idea of a four-day workweek before the pandemic in late 2019. At the time, he thought about it as a “wouldn’t-it-be-nice” kind of benefit. But in early 2021, Carpe said they realized there was a window of opportunity to define what the “new normal of work would be.

“Either we were going to set the terms for what the new work/life balance in an all-remote world was going to be, or it would be set for us. So, that’s really when the discussion of making this change got serious,” said Carpe, who also shared some of his

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:

 /  🏆 254. in US
 

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

United States United States Latest News, United States United States Headlines

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

LPGA Tour returns to Phoenix with new tournament in 2023 - Phoenix Business JournalAfter moving the Founders Cup from the JW Marriott Desert Ridge Resort to New Jersey in 2021 and not having a tournament in Phoenix in 2022, the LPGA announced Nov. 18 it would be returning to the Valley in 2023.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Willmeng Construction's James Murphy says mentors helped shape his career - Phoenix Business JournalFor James Murphy, the appeal of joining Willmeng right after college was the pathway to becoming a partner with the company and learning how to do the job by company founder Jack Willmeng. It took him less than seven years to make CEO.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Latino Donor Collaborative's Ana Valdez on the potential of the Latino market - Phoenix Business JournalDemographic shifts have made the Latino community even more critical for businesses, but many companies lack a dedicated strategy. This leader is trying to change that.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Retailers, retail landlords cautiously optimistic about holiday shopping season amid inflation, economic worries - Phoenix Business JournalDespite high inflation and growing concerns about a recession, consumer spending has continued to grow through the fall. But consumers will be more judicious about how much they're spending this year.
Source: phxbizjournal - 🏆 254. / 63 Read more »