The world’s largest four-day work experiment has ended in Britain
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In Britain, the world’s largest experiment in which employers tested a four-day work week has come to an end, and most of the participating companies have decided to stick to it in the future.
It is reported Reuters.
Workers at 61 companies across Britain worked an average of 34 hours over four days between June and December 2022, while receiving flat pay. Of them, 56 companies, or 92%, decided to continue this practice, 18 of them – on a permanent basis.
According to the British research organization Autonomy, which published the report together with a group of scientists and with the support of the New Zealand group 4 Day Week Global, this study is the largest in the world.
Despite the positive results of the study, other surveys indicate that the majority of British employers are not ready for a four-day working week in the near future.
Autonomy’s study involved 2,900 employees across a variety of sectors. Most agreed that productivity remained at the previous level. Employees have reported that their well-being and work-life balance have improved, and evidence shows that employees are far less likely to be absent from work as a result of the introduction of the four-day work week.
For some workers, the extra day off was more important than pay: 15% said no amount of money would make them return to a five-day week.
Employers from the fields of marketing and advertising, professional services and philanthropy were most represented in the study. About 66% of participants had 25 or fewer employees, while 22% had 50 or more. 11% were not engaged in commercial activities.
Research by the Chartered Institute of Personnel and Development (CIPD) last year found that very few employers expect to move to a four-day working week in the next three years, with two-thirds expecting no change in the next decade.
However, evidence that it has helped retain staff could prove a strong case for companies trying to hire post-pandemic workers.
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