How the four-day workweek gained momentum — and could change the future of work

How the four-day workweek gained momentum — and could change the future of work


The idea of a four-day or shorter workweek is gaining momentum worldwide — a big thanks to the remote work boom during the Covid-19 pandemic.

A recent study from 4 Day Week Global, a nonprofit group that has been conducting four-day week pilot programs in several countries, found that employees expressed satisfaction with their overall productivity and performance.

“The idea of reducing work time has been around for quite some time,” said Charlotte Lockhart, founder and managing director at 4 Day Week Global. “However, it is real now. We have thousands of companies around the world that are actually reducing work time in one way or another.”

Shortening the workweek to four days isn’t a good fit for every company, however. Alter Agents, a market research company, based in Los Angeles, found it didn’t suit their employees.

“What happened after 10 weeks was that our most valuable metrics, which were employee health, and mental health, had declined in our [before and after] survey, ” said Rebecca Brooks, CEO at Alter Agents. “There are a lot of reasons for that, but ultimately, the goal was to make our employees’ lives easier, and we were making them more complicated.”

Watch the video above to learn whether the four-day workweek is what working life will look like in the future.



Source

Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
Business

Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week. The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta […]

Read More
Steph Curry’s Thirty Ink generated 4 million in revenue last year, and all of its businesses are profitable, company says
Business

Steph Curry’s Thirty Ink generated $174 million in revenue last year, and all of its businesses are profitable, company says

Steph Curry’s Gentleman’s Cut bourbon. Courtesy: Gentleman’s Cut Steph Curry is one of the greatest basketball players ever, and judging by his company’s financials, he’s off to a pretty good start in the business world. Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman’s Cut bourbon and […]

Read More
McDonald’s is bringing back the snack wrap to U.S. restaurants next month
Business

McDonald’s is bringing back the snack wrap to U.S. restaurants next month

McDonald’s Snack Wrap. Courtesy: McDonald’s McDonald’s snack wraps will return to U.S. restaurants next month as the fast-food giant looks to boost sales after a sluggish start to the year. McDonald’s introduced snack wraps nearly two decades ago but discontinued the item in 2016 because it slowed its kitchens down too much. Some franchisees kept […]

Read More