4-day work week shown to be a success
September 12, 2018 at 12:02 am
(This post was last modified: September 12, 2018 at 12:46 am by Silver.)
Quote:Earlier this year, Perpetual Guardian, a New Zealand company that manages trust, wills and estates, invited its two hundred and forty employees to join an eight-week experiment during which they would work four days a week and enjoy an extra leisure day, although getting the same amount of money.
The trial, led by the company’s CEO and co-founder Andrew Barnes, sought to challenge the entire company in joining a discussion about the future of work and how increased flexibility and free time may impact employees’ productivity and company outcomes.
To ensure robustness of the process, they hired two academic researchers to prepare, conduct and analyse the results of the research.
Some of the key results shared by the research are:
Leaders reported that job performance remained at the same level
Staff stress levels were lowered from 45% to 38%
Work-life balance improved significantly, from 54% to 78%
Team engagement levels increased from an interval of 64%-68% to 82%-88%
https://www.infoq.com/news/2018/08/four-day-work-week
