Can the Four-Day Workweek Revolutionize Productivity?
A recent wave of four-day working week trials in the UK and Europe show mixed results. While some organizations report increased productivity and reduced turnover, others find the shorter week challenging to implement. Flexible work arrangements seem crucial in determining the success of these experiments.
- Country:
- United States
In the quest for improved work-life balance, the concept of a four-day working week is gaining traction. Recent trials in the UK and Europe yield mixed outcomes.
A UK-wide trial involving over 60 companies found 89% still adopting the four-day week, with employee burnout decreasing. South Cambridgeshire Council's experiment boasted a 39% reduction in turnover and significant cost savings.
Conversely, supermarket chain Asda concluded that a 44-hour four-day week was too demanding. Each organization's unique needs and feedback are paramount for successful implementation.
(With inputs from agencies.)
Advertisement
ALSO READ
S&P 500 and Nasdaq Hit Multi-Week Lows Amid Investor Anxiety Over Tesla and Alphabet Earnings
Nasdaq and S&P 500 Futures Dip Amid Megacap Tech Selloff Fallout
Market Movers: Tech Titans and Tesla Boost Nasdaq and S&P 500
Tech Stocks Rally Amid Inflation Hopes: Nasdaq Futures Soar
NHS & Asda Team Up to Boost Mouth Cancer Awareness with New Packaging