29/08/2023

Working Smarter: The Rise of the 4-day Workweek

Working Smarter: The Rise of the 4-Day Workweek

The idea of a reduced work schedule goes back to the early 20th century when innovators like Henry Ford dared to challenge the conventional workweek. Fast forward to the post-pandemic period, and many companies are experimenting with the four-day working week.

But amidst the excitement, there are a few questions: What are the true benefits of a four-day workweek? Can it truly improve productivity and overall job satisfaction? Are there hidden challenges that could hinder its widespread adoption? Stick around to find out more.

The Surprising Benefits

The World Economic Forum's report, "The Future of Jobs," predicted a digital transformation in the world of work, with a large part of the global workforce going remote. This shift towards flexible working was tested through a series of trials conducted by 4 Day Week Global in 2022.

Among the 60-plus companies that participated in the UK trial, 92% of employers decided to continue with the four-day workweek, with 30% making it a permanent arrangement. Employees reported feeling reduced levels of burnout, improved physical health, and overall well-being.

Improved Productivity

During the trials, employees committed to covering 100% of their regular workload in just 80% of the time. Companies reported a remarkable 40% boost in productivity, while employees rated their experience a whopping 9.1 out of 10 for satisfaction.

A hospitality company in Norfolk was among the first businesses in the UK to participate in the 4 Day Week Global Pilot Programme. The company recognises the importance of providing employees with more social time and "me time," which can contribute to higher satisfaction levels, more energy, and greater motivation. These benefits are expected to translate into a more fulfilled and motivated workforce.

Happier, Healthier Employees

The results were more than just increased productivity. Employees experienced reduced stress, burnout, and work/family conflict. They reported better physical and mental health, improved work-life balance, and increased life satisfaction. Families also benefited from the four-day working week, with male workers spending 27% more time with their children.

The London Landmark, a prestigious five-star hotel, has stood out as one of the limited hospitality establishments embracing a four-day workweek. Executive Head Chef Gary Klaner introduced this initiative in January, aiming to enhance the well-rounded work-life equilibrium for the hotel's culinary team.

For food and beverage enterprises seeking insights, the success of the Landmark's four-day workweek owes much to an intelligent recruitment strategy. The hotel emphasised that productivity was upheld through an extensive hiring campaign in January and February, effectively bolstering the count of kitchen staff within the hotel.

It's Good for the Planet Too

A shorter workweek is also good for the environment. Offices consume energy for lighting, heating, cooling, and electronic equipment, and with fewer days at the office, there is potential for reduced consumption.

Challenges of the 4-Day Working Week

Although the four-day workweek is gaining popularity in the UK, this “new” work model has presented some unique challenges.

Workload Imbalances

Another UKL based company developed a unique approach that offered employees one week off every fortnight instead of a three-day weekend. Despite the custom model, they ran into some challenges. The more intense workload and difficulties finding cover for employees' rest days led them to abandon the trial early in certain locations

One Size Doesn’t Fit All

Although the four-day workweek has the potential to revolutionise the workplace, its adoption is still subject to employee preferences, and this poses a challenge in its full adoption. Creative agency Amplitude has made the four-day working week optional — employees now work a flexible, reduced 35-hour week that can be split across four or five days.

After the trial, everyone wanted to implement their shorter workweek differently. Rather than prescribe a day off, most employees would rather choose what works best for them.

Here to Stay

Despite the unique hurdles, the overwhelming success of the four-day workweek trial demonstrates its potential as a transformative solution for businesses and employees. Although the four-day working week might not be the perfect fit for every organisation, it has undoubtedly sparked a shift in the way we approach work. The journey towards a more fulfilling work life continues, and the four-day workweek is a significant step in the right direction.

Posted by: Talent Hive