Why The 4-Day Workweek Makes More Sense
The idea of working 32 hours per week has been tossed around for a while, with some companies all over the world even implementing this new strategy. Perpetual Guardian, a firm in New Zealand that manages trusts, wills and estates, not only gave it a try, they also hired researchers to study the effects on their employees. The results are amazing.
Although the staff of 240 only worked for four days, they were paid for five. This took place from March to April of this year, and according to the data, their general work-life balance improved 24 percent. While their job performance stayed the same, the employees reported being more energized and creative, less likely to take long breaks and consistently on time. And these weren’t the only things that changed over those two months.
The company spent less money on electricity and workers developed a system that allowed them to take full advantage of the shorter week. Two hour meetings were cut down to 30 minutes and employees were able to focus on one objective at a time, as opposed to juggling multiple projects. Outside of the office, they could spend more time relaxing, exercising and recharging, which had a direct impact on their attitude at work.
Perpetual Guardian was so happy with the results they’re considering making the change permanent. Gothenburg, Sweden tried a similar experiment, cutting the 8-hour workday down to 6, and found that staff was able to complete the same amount of work in less time. Other companies have attempted to adjust the language of employees’ contracts, focusing on specific tasks and goals instead of a fixed amount of hours. Check out the video below to learn more about the 4-day workweek…