Do 4-day workweeks work? Companies share their impact 1 year later (Scripps News)

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    Do 4-day workweeks work? Companies share their impact 1 year later – By Alex Arger (Scripps News) / March 1, 2024

    Dozens of companies who adopted a four-day workweek in 2022 share how it has affected the business and their employees one year later.

    A four-day workweek may sound like a far-off dreamland, but a study out of the U.K. is proving it can be a long-term reality — and a benefit — for both businesses and their employees.

    In 2022, 61 companies chose to move their employees to four-day weeks with no reduction in pay as part of the six-month study. One year later, 89% have continued the practice, and 51% have made it permanent for their businesses, according to the Autonomy research group.

    But while employees get longer weekends, what’s in it for their employers? Apparently, it’s a better business, as 100% of managers and CEOs said the workweek shift still has a positive impact on their organization one year later. This comes as a result of happier workers, lower turnover rates and improved efficiency, the report says.

    CONTINUE > https://scrippsnews.com/stories/do-4-day-workweeks-work-companies-share-their-impact-1-year-later/

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