Home Startups A year-long study shows the four-day week works

A year-long study shows the four-day week works

by delta
0 comment

The concept of a four-day work week – where employees receive 100% of their pay for working 80% of their normal hours while maintaining 100% productivity – is picking up steam around the world.

The 4 Day Week Global, a non-profit organisation running trials of the concept and working with governments to form policy, has released the fourth instalment of its research, focusing on the longer-term impact of these trials.

The research involves feedback from 988 people working across 41 companies in the US and Canada who moved to a four-day work week last year.

It’s the first time the non-profit has been able to investigate the impact of a four-day week over 12 months rather than six months.

“Findings are positive across the board, with this new evidence helping to counter concerns that previous successes were down to novelty and couldn’t be sustained long-term,” the report said.

The research found continued improvements in physical and mental wellbeing, along with better productivity, among employees allowed to work a four-day week.

“The 12-month insights are remarkably positive and contribute to building a robust body of evidence showcasing the enduring positive effects of reduced work time,” 4 Day Week Global founders Charlotte Lockhart and Andrew Barnes said in the report.

“These results demonstrate the continued positive trends in business benefits, health and wellbeing gains, the environmental impacts, providing a strong foundation for the widespread adoption of a four-day week.”

The research found that initial reductions in burnout seen following the adoption of a four-day work week were largely sustained after 12 months, while self-rated physical and mental health scores continued to improve across the year.

Of the employees surveyed, 95% wanted to continue with the concept, just under 70% experienced a reduction in burnouts, 40% felt less stressed and anxiety dropped for 39% of respondents.

Measured on a self-reported scale of one to five, with five being the best score, the mental health of participants in the trial increased from 2.92 before the trial began to 3.42 after one year, while their physical health jumped from 3.05 to 3.41.

There was also a large increase in self-reported productivity among those working a four-day week.

“People are continuing to work more efficiently as opposed to speeding up and cramming the same work into four days rather than five,” the research found.

On the company side of things, participating businesses rated the overall experience very positively, at an average of 8.7 out of 10, with advantages including in attracting new employees and improvements in productivity and performance.

Of the participating companies, revenue increased by 15%, while employees were 32% less likely to consider leaving their job.

None of the participating companies said they would be going back to a normal five-day week, with 89% definitely continuing the four-day week concept, and 11% probably doing so.

The findings mirror the experiences of 19 Australian and New Zealand firms which participated in a trial in the second half of 2022.

Employees from these companies who adopted a shorter work week were more satisfied with their jobs, less likely to experience burnout and less likely to take sick and personal days, the trial revealed.

There has been significant movement towards more widespread adoption of the four-day work week in Australia, with a Senate Committee earlier this year recommending a significant pilot program of the concept in the public service.

Government and Greens Senators backed the call, saying they had heard “substantial evidence” of its effectiveness.

You may also like

Leave a Comment

delta-compliance.com

Delta-Compliance.com is a premier news website that provides in-depth coverage of the latest developments in finance, startups, compliance, business, science, and job markets.

Editors' Picks

Latest Posts

This Website is operated by the Company DELTA Data Protection & Compliance, Inc., located in Lewes, DE 19958, Delaware, USA.
All feedback, comments, notices of copyright infringement claims or requests for technical support, and other communications relating to this website should be directed to: info@delta-compliance.com. The imprint also applies to the social media profiles of DELTA Data Protection & Compliance.

Copyright ©️ 2023  Delta Compliance. All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00