In what might seem like a revolutionary idea, a four workday per week model has slowly begun expanding across many developed economies. Although slow in its adoption, more and more companies today are experimenting with the idea and have noted a rise in their overall productivity vis-à-vis the traditional five days a week working pattern.
One of the most prominent results of the four-day work came from Japan. An experiment that began last summer, Microsoft gave its employees five consecutive four workday weeks. This meant employees got three day weekends for the entire period. This move was strengthened by limiting the time for meeting to under 30 mins and facilitating more remote communications that aimed to cut out the clutter. The use of digital platforms to communicate was also promoted. The result of this was that Microsoft’s sales per employee soared 40 percent from the previous year. The company also saved money on electricity bills and paper-copying costs. In its trial in August 2019, 2,300 employees who were given a paid Friday off each week reported a 40 percent increase in the productivity of employees in the month (measured against August 2018). Given its limited scope and period, the experiment isn’t essentially the gold standard for comparing the benefits of traditional work structures vis-à-vis one that allows employees to work for four weeks, but it points to an important area of change –and a question. With technology raising employee productivity significantly over the years, is the norm of five workdays in a week the most efficient way of making companies productive?
A multitude of factors
This story is from the January 2020 edition of People Matters.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 2020 edition of People Matters.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY