Caymans Post

A world within. A state apart.
Friday, Mar 24, 2023

World's Biggest Trial Of Four-Day Working Week Declares Success In UK

World's Biggest Trial Of Four-Day Working Week Declares Success In UK

In the UK, a total of 61 companies across different sectors were involved in the six-month pilot scheme between June and December last year.
The world's biggest trial of a four-day working week published its findings on Tuesday to claim its success as an overwhelming majority of participating companies declared they would continue with the new working model.

In the UK, a total of 61 companies across different sectors were involved in the six-month pilot scheme between June and December last year.

Conducted by non-profit 4 Day Week Global, the UK's 4 Day Week Campaign and think-tank Autonomy, nearly 3,000 workers were guided through a shorter working week at the same pay as their usual five-day working week.

"Results are largely steady across workplaces of varying sizes, demonstrating this is an innovation which works for many types of organisations," said Lead Researcher Professor Juliet Schor, from Boston College - one the institutions involved in the trial along with Oxford and Cambridge universities.

"There are also some interesting differences. We found that employees in non-profits and professional services had a larger average increase in time spent exercising, while those in construction/manufacturing enjoyed the largest reductions in burnout and sleep problems," said Schor.

The overall results show that almost every organisation plans to stick to a four-day week post-trial, with 91 per cent definitely continuing or planning to continue, and a further 4 per cent leaning towards continuing. Only 4 per cent of participants have said they are not continuing with a shorter week.

Companies rated their experience of the trials an average of 8.5 out of 10, with business productivity and business performance each scoring 7.5 on 10. Revenue rose by 35 per cent over the trial periods when compared to similar periods from the previous year, and hiring increased while absenteeism decreased, the findings reveal.

Meanwhile, the health and wellbeing of employees also improved, with significant increases observed in physical and mental health, time spent exercising, and overall life and job satisfaction. Rates of stress, burnout and fatigue all fell, while problems with sleep declined. According to the researchers, environmental outcomes were also encouraging, with commuting time falling across the full sample by a half hour per week.

"While both men and women benefit from a 4-day week, women's experience is generally better. This is the case for burnout, life and job satisfaction, mental health and reduced commuting time. Encouragingly, the burden of non-work duties appears to be balancing out, with more men taking on a greater share of housework and childcare," said Dr Dale Whelehen, CEO of 4 Day Week Global.

Going forward, the plan is for the team to expand the pilot schemes to other parts of the world.

"Our team is delighted to be expanding the arguments in favour of a 4 day week today with this new world-class academic research, and we look forward to adding our Australasian pilot results to this data set in the coming weeks and our European, South African, Brazilian and North American results in the coming months," said Charlotte Lockhart, Co-founder and Managing Director of 4 Day Week Global.

The employers and workers in the pilot were given access to the expertise, tools and resources such as workshops and mentoring that the researchers felt would be needed to run a smooth and successful trial.
Newsletter

Related Articles

Caymans Post
Close
0:00
0:00
Powell: Silicon Valley Bank was an 'outlier'
Donald Trump arrested – Twitter goes wild with doctored pictures
NYPD is setting up barricades outside Manhattan Criminal Court ahead of Trump arrest.
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Home Secretary Suella Braverman tours potential migrant housing in Rwanda as asylum deal remains mired in legal challenges
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
Credit Suisse to borrow $54 billion from Swiss central bank
Russian Hackers Preparing New Cyber Assault Against Ukraine
Jeremy Hunt insists his Budget will get young parents and over-50s back into work
If this was in Tehran, Moscow or Hong Kong
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
Mexican President Claims Mexico is Safer than the U.S.
A brief banking situation report
Lady bites police officer and gets instantly reaction
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
Silicon Valley Bank exec was Lehman Brothers CFO
In a potential last-ditch effort, HSBC is considering a rescue deal to save Silicon Valley Bank UK from insolvency
BBC Director General, Tim Davie, has apologized, but not resigned, yet, following the disruption of sports programmes over the weekend
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
City officials in Berlin announced on Thursday that all swimmers at public pools will soon be allowed to swim topless
Fitness scam
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
Senator Tom Cotton: If the Mexican Government Won’t Stop Cartels from Killing Americans, Then U.S. Government Should
Banking regulators close SVB, the largest bank failure since the financial crisis
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Spain officials quit over trains that were too wide for tunnels...
Don Lemon, a CNN anchor, has provided a list of five areas that he believes the black community needs to address.
Hello. Here is our news digest from London.
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
Givenchy Store in New York Robbed of $50,000 in Merchandise
European MP Clare Daly condemns US attack on Nord Stream
Former U.S. President Carter will spend his remaining time at home and receive hospice care instead of medication
Tucker Carlson called Trump a 'demonic force'
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History
White House: No ETs over the United States
U.S. Jet Shoots Down Flying Object Over Canada
Being a Tiktoker might be expensive…
SpaceX, the private space exploration company, made a significant breakthrough in their mission to reach space.
China's top tech firms, including Alibaba, Tencent, Baidu, NetEase, and JD.com, are developing their own versions of Open AI's AI-powered chatbot, ChatGPT
This shocking picture, showing how terrible is the results of the earthquake in Turkey
President Joe Biden delivered the 2023 State of the Union Address , in order to help Americans that missed the 2022 speech, do not have internet, and suffer from short memory.
The desk of King Carlos Alberto of Sardinia has many secret compartments
Today's news from Britain - 9th February 2023
×