Tag Archives: workweek

4-day workweek in UK boosts employee satisfaction, retention – CBS News

  1. 4-day workweek in UK boosts employee satisfaction, retention CBS News
  2. Workers report a 4-day workweek improves health, finances and relationships: It ‘simply makes you happy’ CNBC
  3. World’s biggest four-day-week trial sees 92% success rate—but companies shouldn’t implement drastic work changes blindly, CEO warns Fortune
  4. The UK’s four-day working week pilot was a success – here’s what should happen next The Conversation
  5. Can This Change Improve Montana’s Hard Workers Quality Of Life? Newstalkkgvo
  6. View Full Coverage on Google News

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Workers report a 4-day workweek improves health, finances and relationships: It ‘simply makes you happy’ – CNBC

  1. Workers report a 4-day workweek improves health, finances and relationships: It ‘simply makes you happy’ CNBC
  2. Sorry, Calvinists: A four-day workweek actually makes employees healthier, more productive Salon
  3. World’s biggest four-day week trial sees 92% success rate—but companies shouldn’t implement drastic work changes blindly, CEO warns Fortune
  4. The Express View on four-day workweek experiment: Is Britain turning European after Brexit? The Indian Express
  5. Shorter work weeks gain traction; UAE was one of the first movers wknd.
  6. View Full Coverage on Google News

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Four-day workweek is new standard for 40% of companies, EY study finds

A man walks on Wall St. during the morning commute, as the city deals with record temperatures and the excessive heat, in New York, July 20, 2022.

Brendan McDermid | Reuters

A cooling economy, rising mortgage rates and mass layoffs have done little to dampen executive demand for expanded office presence and increased flexibility for office workers, a new report from Ernst and Young (EY) finds. 

The consulting firm released its second annual EY Future Workplace Index on Wednesday, which showed a growing appetite for hybrid work, and an increase in both the utilization of flexible working options and the presence of a four-day workweek.

40% of companies surveyed either have implemented or have begun to implement a four-day workweek, EY said in a press release, an approach that has gained popularity abroad but has seen little adoption in the U.S. until recently.

Hybrid work showed a marked uptick from 2021, the survey showed, with 70% of employers surveyed adopting a hybrid approach which has employees working from home two to three days a week.

The four-day workweek and the growth of a hybrid workforce are both parts of what EY claims is a shifting landscape in real estate management for corporate leaders. “The economic downturn will force leaders to make important decisions regarding their real estate portfolios — from investments, to space optimization, to workforce models,” EY partner Mark Grinis said in a press release.

According to the press release, executives continue to invest in improving employee quality of life. 46% of surveyed employers plan to introduce in-office baristas. A third of surveyed executives plan to implement or extend their childcare options for employees. These changes come after the Covid-19 pandemic bruised employees and drove an uptick in resignations across sectors. The EY survey found that surveyed companies have begun to invest in in-office amenities to boost return-to-office rates and employee retention.

The EY report comes amidst mass layoffs in all industries, but especially in tech, where skilled employees enjoyed expansive perks and office amenities. Meta, Amazon, and Twitter have all announced reducing headcount by the thousands. At Google parent company Alphabet, even with a hiring slowdown in place, an activist investor is demanding CEO Sundar Pichai cut the search giant’s headcount and employee expenses.

According to the EY survey, however, only a third of surveyed executives plan to reduce investment in commercial real estate. Over half of those surveyed plan to improve or expand their existing portfolios. 

Elon Musk, on the other hand, shows no sign of following the executives EY surveyed. Decrying Twitter’s catering expense — which he claimed was $13 million annually in San Francisco alone — the new Twitter chief has yanked free lunches and told employees that they must return to the office.



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How a 4-day workweek could benefit the environment

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Reducing the workweek to four days could have a climate benefit, advocates say. In addition to improving the well-being of workers, they say slashing working hours may reduce carbon emissions.

It’s what you might call a “potential triple-dividend policy, so something that can benefit the economy, society and also the environment,” said Joe O’Connor, chief executive of the nonprofit group 4 Day Week Global. “There are not many policy interventions that are available to us that could potentially have the kind of transformative impact that reduced work time could have.”

Over the years, studies have documented a link between fewer working hours and lower emissions — reductions that experts explain may be the result of changes to commuting, energy use and lifestyle habits. One analysis of data looking at more than two dozen countries from 1970 to 2007 predicted that if work hours were reduced by 10 percent, there could be drops in ecological footprint, carbon footprint and carbon dioxide emissions by 12.1 percent, 14.6 percent and 4.2 percent, respectively.

“The one thing we do know from lots of years of data and various papers and so forth is that the countries with short hours of work tend to be the ones with low emissions, and work time reductions tend to be associated with emission reduction,” said Juliet Schor, an economist and sociologist at Boston College who researches work, consumption and climate change.

For instance, reducing working hours could affect people’s lives outside of work, said Mark Weisbrot, co-director of the Center for Economic and Policy Research. He suggested this kind of change could lead people toward more environmentally friendly habits. “They become used to a different lifestyle that’s a lower consumption lifestyle because they have more time.”

But those benefits would depend on a number of factors, experts emphasize, including how people choose to spend nonworking time. It’s also critical, they said, to remember that reducing working hours is just one strategy to combat climate change.

“There’s no one arguing that the four-day workweek is a silver bullet that will address all of our environmental concerns in one go — far from it,” O’Connor said. “But can it be a very powerful enabler and a very powerful contributor? I think absolutely it can.”

Nobody wants to be in the office on Fridays

Transportation is the biggest contributor to greenhouse emissions, Schor said, “and commuting is a big part of that.”

In 2020, the transportation sector accounted for about 27 percent of total U.S. greenhouse gas emissions, according to the Environmental Protection Agency.

The potential benefits of cutting down on commuting and travel were perhaps most noticeable during the early months of the coronavirus pandemic. When widespread stay-at-home orders were in place, the emissions from driving, flying and industrial output were dramatically reduced. Air quality in cities around the world showed marked improvement, while global emissions plummeted.

Global emissions plunged an unprecedented 17 percent during the coronavirus pandemic

Largely fueled by the pandemic, a widespread adoption of remote and hybrid work models may mean many are already commuting less even if they work five days a week, O’Connor said — but officially adopting a four-day workweek could benefit industries that are still largely in-person.

A November 2021 survey of 2,000 employees and 500 business leaders in the United Kingdom found that if all organizations introduced a four-day week, the reduced trips to work would decrease travel overall by more than 691 million miles a week.

But the climate benefits of less commuting could be negated, experts said, if people choose to spend their extra time off traveling, particularly if they do so by car or plane.

Schor said it’s important for people to ask themselves: “What are they going to be doing on the fifth day, and what is the energy use associated with that, and how does it compare to what they would have been doing?”

Shorter working hours could lead to reductions in energy usage, experts said.

According to a 2006 paper, if the United States adopted European work standards, the country would consume about 20 percent less energy. And if Europeans gave up those shorter workweeks, the authors wrote they would “consume some additional 25 percent more energy.”

“There’s a definite relation between production, consumption and carbon emissions,” said Weisbrot, who co-wrote the 2006 paper.

Energy could also be conserved if less resources are needed to heat and cool large office buildings, Schor said, reducing demands on electricity.

When the Utah state government launched a four-day workweek trial among its employees in 2008, one report projected that shutting down buildings on Fridays would lead to a decrease of at least 6,000 metric tons of carbon dioxide emissions annually, Scientific American reported.

Any potential energy-saving gains, however, hinge on how companies and individuals use resources, Schor said.

For example, if an entire workplace shuts down on the fifth day, that would help lower consumption — less so if the office stays open to accommodate employees taking different days off. Energy consumption could also increase overall if people spend their day off at home or elsewhere doing activities that would use more resources than if they were at work.

It’s possible that fewer working hours may lead some people to have a larger carbon footprint, but experts say research suggests that most people are likely to shift toward more sustainable lifestyles.

“The majority view coalesces around the idea that intense working often leads to intense living,” O’Connor said. “By offering people additional time back, you’re enabling people to have more time to make sustainable life choices.”

One theory, Schor said, is that people who work more and have less free time tend to do things in more carbon-intensive ways, such as choosing faster modes of transportation or buying prepared foods. “Convenience is often carbon-intensive and people opt for convenience when they’re time-stressed.”

Meanwhile, some research suggests that those who work less may be more likely to engage in traditionally low-carbon activities, such as spending time with family or sleeping.

“When we talk about the four-day workweek and the environment, we focus on the tangible, but actually, in a way, the biggest potential benefit here is in the intangible,” O’Connor said. “It’s in the shift away from a focus on hard work to a focus on smart work. It’s the cultural change in how we work and the impact that could have on how we live, and I think that that’s the piece that’s really revolutionary.”

But moving to widely reduce working hours should not be done in isolation, he and other experts said.

“It doesn’t matter how many days you work if we’re still using fossil fuels,” Schor said.

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California lawmaker explains why she’s pushing for a 4-day workweek

With millions of Americans changing jobs, one California politician wants to use the “Great Reset” to create a better work-life balance for workers.

Assembly member Cristina Garcia has cosponsored a bill to make the state’s official workweek 32 hours for companies with 500 or more employees. Any work done past that cutoff would come with a hefty raise: Employers would be required to pay time-and-a-half to workers whose hours run over 32 a week. And work stretching past 12 hours a day or into seven days a week would be paid at double the normal wage.

Employers subject to the law, which would apply to 20% of California’s workforce, also would be barred from reducing people’s pay if they work less than their standard workweek, Garcia told CBS News. The bill would not apply to workers who are represented by a union and covered by a collective bargaining agreement.

“After two years of being in the pandemic, we’ve had over 47 million employees leave their job looking for better opportunities,” Garcia said. “They’re sending a clear message they want a better work-life balance — they want better emotional and mental health, and this is part of that discussion.”

California’s economy is the fifth-largest in the world and the largest among U.S. states, making it a bellwether for many aspects of workplace culture.

Job killer?

The proposed law would cover about 2,600 companies in California, according to the Employment Development Department. 

The California Chamber of Commerce called it a “job killer,” saying it would make hiring more expensive and lead to a drop in jobs in California. 

“Labor costs are often one of the highest costs a business faces,” Ashley Hoffman, policy advocate with the Chamber, wrote to bill cosponsor Evan Low last week.

“[B]usinesses often operate on thin profit margins and… the number of employees you have does not dictate financial success,” she wrote.

Evidence from other countries suggests that a four-day workweek can have positive effects, boosting employee productivity while reducing stress. A broad trial in Iceland last summer concluded that a shorter workweek was an “overwhelming success” — 8 in 10 employees in the country have since shifted to working four days a week. Other countries including Scotland, Spain and even famously workaholic Japan have tested shorter work weeks.

Garcia contends that large companies, which have had their most profitable quarter since the 1950s, can afford to pay workers more.

“We want to see them share some of that better life with their employees as well,” she told CBS News. 

Working more than peasants

In the U.S., a handful of companies have started experimenting with a four-day week. Kickstarter is officially launching its shortened workweek this month. “[M]y expectation and my desire is that we can achieve the same outcomes or greater outcomes as a result of changing the way that we work,” departing CEO Aziz Hasan told Time of the change.

D’Youville College, a small private school in Buffalo, New York, started testing a four-day week in January. President Lorrie Clemo said the move would “improve the overall wellbeing of our employees and competitiveness of our institution.”

But overall, the shortened workweek has been a relative rarity in a nation where workers toil longer hours than in most other industrialized countries.

The typical American worker today works nearly 1,770 hours a year. Among developed economies, only four nations — Israel, Korea, Russia and Mexico — consistently put in longer hours than America. Historical records suggest that 14th century peasants worked far less than contemporary Americans; by contrast, factory workers in the 19th century put in significantly longer hours.

Garcia’s bill is similar to a federal bill introduced in Congress by Mark Takano, a California Democrat, and endorsed by the Congressional Progressive Caucus. 

“People are spending more time at work, less time with loved ones, their health and well-being is worsening, and their pay has remained stagnant. It’s time for change,” Takano said in a statement.

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A 4-day workweek could help remedy employee burnout, workers say

Halfpoint Images | Moment | Getty Images

More than a year and a half into the Covid-19 pandemic, many American workers are burned out.

The remedy may be a four-day workweek, according to a survey from Eagle Hill Consulting.

Of those U.S. employees polled, 53% said they are experiencing burnout, with women and younger workers showing the highest levels, at 56% and 62% respectively. Fully 83% said a shortened workweek would help. The survey included 1,010 respondents from a random sample of employees across the U.S.

“Employee burnout has been simmering for years — and the twin problems of the pandemic and workforce shortage have exacerbated the problem,” said Melissa Jezior, president and CEO of Eagle Hill Consulting.

While not new, the idea of a four-day workweek has slowly been gaining ground since the Covid-19 pandemic struck. In July, Rep. Mark Takano, D-Calif., introduced a bill that reduces the standard workweek to 32 hours, from 40.

More from Invest in You:
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Employers, meanwhile, are looking for ways to become more efficient while at the same time addressing the needs of employees. In September, technology company Bolt jumped started a four-day workweek and earlier this year New York-based crowdfunding platform Kickstarter announced it would test it out in early 2022.

The latter is taking part in a global effort, called 4 Day Week Global, that has companies trying the reduced workweek. So far, 15 businesses in the U.S. and Canada have joined the six-month pilot program, which kicks off next year.

The idea is to reduce work hours, not pay or productivity.

“We are changing the model of work away from measuring how long you are at your desk, how long you are at the office, and moving that towards what are people actually producing and what outcomes are we trying to achieve over the course of the week,” said Joe O’Connor, global pilot program manager at 4 Day Week Global.

Amid the “Great Resignation,” in which a record 4.4 million people quit in September alone, a four-day workweek may give employers an edge when it comes to hiring, advocates suggest.

According to a 2019 report by Henley Business School in the U.K, 63% of businesses said it is easier to attract and retain talent with a four-day week. It also found that 78% of employees with four-day schedules are happier and less stressed.

“Companies that have done this well are not saying, ‘These are the changes you need to make,'” O’Connor said.

“They have empowered their people to come up with ideas and solutions to change the way we work to ensure we produce the same outcomes over four days rather than five.”

A five-day work week has been a part of the American culture for more than a century, and change isn’t easy.

Melissa Jezio

President and CEO of Eagle Hill Consulting

That’s what Banks Benitez, co-founder and CEO Denver-based Uncharted, did when he decided to test out the four-day week. Meetings were canceled or downsized and priorities were reimagined.

“It has been a great forcing function for us to think differently, like taking a smaller suitcase on vacation,” he said. “We have to make trade-offs.”

Evaluating a four-day work week should be part of the larger strategic conversation about the intersection of an organization’s mission and its people, Eagle Hill Consulting’s Jezior said.

It may work well for some, but not others, such as those in the hospitality, medical and public safety fields, she noted.

“A five-day work week has been a part of the American culture for more than a century, and change isn’t easy,” Jezio said.

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