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4-Day Workweek Brings No Loss of Productivity, Companies in Experiment Say
Key Excerpts from Article on Website of New York Times
Posted: October 10th, 2022
https://www.nytimes.com/2022/09/22/business/four-day-work-we...
Most of the companies participating in a four-day workweek pilot program in Britain said they had seen no loss of productivity during the experiment, and in some cases had seen a significant improvement, according to a survey of participants. Nearly halfway into the six-month trial, in which employees at 73 companies get a paid day off weekly, 35 of the 41 companies that responded to a survey said they were “likely” or “extremely likely” to consider continuing the four-day workweek beyond the end of the trial in late November. All but two of the 41 companies said productivity was either the same or had improved. Remarkably, six companies said productivity had significantly improved. Talk of a four-day workweek has been around for decades. In 1956, then-Vice President Richard M. Nixon said he foresaw it in the “not too distant future,” though it has not materialized on any large scale. But changes in the workplace over the coronavirus pandemic around remote and hybrid work have given momentum to questions about other aspects of work. Are we working five days a week just because we have done it that way for more than a century, or is it really the best way? More than 3,300 workers in banks, marketing, health care, financial services, retail, hospitality and other industries in Britain are taking part in the pilot, which is one of the largest studies to date. Experiments similar to the one conducted in Britain are being conducted ... in the United States, Canada, Ireland, New Zealand and Australia.
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