Employees will be allowed to work 32 hours per week throughout the six-month initiative, but their pay and benefits would remain constant. Soon, the dream of working less hours without losing compensation is going to become a reality for employees in the UK. 4-Day Week, wow!!
The pilot of a 4-day work week will commence in June, with about 30 employers already signed up for the trial. Firms will be allowed to work 32 hours per week throughout the six-month initiative, but their pay and benefits would remain unchanged.
Companies may request that employees spread the 32-hour workweek across five days. In a phone interview on Tuesday, Joe Ryle -director of the Four Day Week Campaign in the United Kingdom – said that the introduction of a four-day week will be a win-win situation for companies. He added that studies have revealed the productivity of workers improves as worker’s well-being is improved.
The pilot in the United Kingdom is one of dozens throughout the globe being sponsored by 4 Day Week Global, which pushes for a reduced workweek. Similar projects are due to begin in the United States and Ireland, with more scheduled for Canada, Australia, and New Zealand, according to Ryle.
Aside from productivity, researchers will analyze the program’s effects on workers’ well-being, as well as its influence on gender equality and the environment, according to a statement from 4 Day Week Global. According to Euro News, the enterprises will follow the 100:80:100 model, which will see employees get 100% of their compensation for 80% of the time in exchange for a guarantee to keep 100% of their previous productive output.
According to Joe O’Connor, the campaign’s pilot program manager, the initiative will assist “businesses in moving away from just tracking how long employees are ‘at work,’ to a closer focus on the product being created.