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Four Day Workweek

All articles tagged with #four day workweek

world-news1 year ago

Tokyo Adopts 4-Day Workweek to Boost Birth Rate and Empower Women

The Tokyo government plans to introduce a four-day workweek for its employees starting in April to support young families and address Japan's low fertility rates. Governor Yuriko Koike announced the initiative, which aims to provide more flexibility for employees, particularly parents, to balance work and family life. This policy is part of broader efforts to encourage higher birth rates in Japan, where the fertility rate has fallen to 1.2 children per woman. The initiative also seeks to address the gender gap in labor force participation and improve work-life balance.

via NBC News|
#fertility-rate#four-day-workweek#gender-gap
politics1 year ago

"Bernie Sanders Advocates 32-Hour Workweek in Senate Bill"

Vermont senator Bernie Sanders introduced a bill to establish a four-day workweek, citing increased productivity and happiness. The legislation, co-sponsored by Democratic senators, faces slim chances of success in the current political landscape. Sanders emphasized the need to reduce stress and improve quality of life for American workers, while facing opposition from Republicans who argue against mandated shorter workweeks. The bill has garnered support from unions and campaign groups, reflecting a growing trend towards reduced working hours.

via The Guardian US|
#bernie-sanders#four-day-workweek#labor-legislation
politics1 year ago

"Bernie Sanders Proposes 32-Hour Work Week Bill for Senate Consideration"

Senator Bernie Sanders has introduced a bill to establish a four-day workweek without a reduction in pay, aiming to reduce the standard workweek from 40 to 32 hours over four years. The "Thirty-Two Hour Work Week Act" also includes provisions for overtime compensation and aims to ensure that workers benefit from increased productivity. Sanders has cited studies showing that while worker wages have decreased, CEO compensation has soared, and he has pointed to successful four-day workweek programs in other countries. The bill will be discussed at a hearing, with Sanders advocating for a better quality of life for American workers.

via NBC News|
#bernie-sanders#four-day-workweek#labor
business1 year ago

"UK Companies Embrace Four-Day Workweek After Successful Trial"

A U.K. pilot of a four-day workweek has shown lasting benefits more than a year later, with companies reporting happier workers, lower turnover, and greater efficiency. Follow-up surveys revealed sustained improvements in physical and mental health, work-life balance, and general life satisfaction, as well as reductions in burnout. However, there is no one-size-fits-all recipe for implementing the four-day workweek, as different companies found success with varying approaches. While most companies have made the policy permanent, some faced challenges in managing client and stakeholder expectations, suggesting the need for better external communications and flexibility in adapting the policy to challenging conditions.

via NPR|
#business#efficiency#employee-satisfaction
businesstechnology1 year ago

"The Inevitability of a Four-Day Workweek with AI Integration"

As artificial intelligence (AI) becomes more prevalent in the workplace, the adoption of a four-day workweek is gaining traction, with companies using AI tools to streamline operations and free up time for employees. AI has been fundamental to the success of businesses implementing a shorter workweek, saving time and boosting productivity. However, the shift to a four-day workweek will also depend on organizational culture, employee skills development, and executive buy-in. While AI may pave the way for a shorter workweek, its widespread adoption will ultimately depend on how businesses choose to integrate it into their operations.

via BBC.com|
#ai#businesstechnology#employee-productivity
business2 years ago

Manufacturer's Successful Experiment with 4-Day Workweek for Full Pay

Advanced RV, a manufacturer of custom luxury motorhomes, participated in a global trial of a four-day workweek led by 4 Day Week Global. The company reduced working hours to 32 hours a week without cutting pay, aiming to maintain 100% productivity and improve work-life balance. Despite initial skepticism, the trial has been successful, with employees finding shortcuts and time savers while maintaining productivity. Advanced RV's CEO, Mike Neundorfer, believes the four-day workweek has had a positive impact on employee well-being and plans to continue with the reduced hours.

via NPR|
#advanced-rv#business#efficiency
workforce-and-labor2 years ago

The Evolving Workforce: Gen Z's Impact on Careers

Gen Z workers are driving changes in the American workforce, advocating for better work-life balance, different work hours, and a four-day workweek. Their questioning of traditional workplace norms and demands for flexibility are influencing employers across generations to provide more autonomy to workers. While some older workers may view these demands as entitlement, the widespread questioning of workplace norms is partly due to the rapid spread of information. Younger workers who have gone viral with posts about work are helping popularize ideas like the four-day workweek. The global trial on remote work has also opened the door to new ways of working. Gen Zers are reshaping work by pursuing side hustles, discussing once-taboo topics like salaries, and seeking a more casual and inclusive office environment.

via Business Insider|
#employee-autonomy#four-day-workweek#gen-z
business2 years ago

The 4-Day Workweek: Happier, More Efficient, and Productive

New data from a year-long pilot program testing a four-day workweek in various countries shows that workers were happier, more efficient, and their firms experienced a 15% increase in revenue. Democratic Rep. Mark Takano is pushing for legislation to make the shorter workweek law, stating that the four-day workweek is here to stay. The success of the pilot program has led to increased interest in implementing shorter workweeks in the US, with some companies already testing the idea.

via Business Insider|
#business#efficiency#four-day-workweek
workplace-flexibility2 years ago

"Meeting Employee Demands: Research on On-Site Flexibility Options"

A Gallup survey of over 5,700 US workers found that the most commonly offered flexibility options, such as relaxed dress codes and flexible start and end times, were not the ones that employees most valued. Instead, increased paid time off and four-day workweeks were the most desired. While these options can improve employee well-being, engagement with work and strong performance management are also crucial for success. Leaders should involve employees in deciding which flexibility options work best for their team's performance and overall lives.

via HBR.org Daily|
#flexibility-options#four-day-workweek#gallup
economics2 years ago

The ChatGPT Revolution and the Future of Work

Nobel Prize-winning economist Sir Christopher Pissarides believes that AI could lead to a four-day workweek with the same income as employees work fewer hours due to increased productivity. A recent report by Goldman Sachs supports this claim, stating that AI will complement human workers rather than replace them. While two-thirds of US jobs are exposed to some degree of AI-informed automation, the average number of tasks in the daily workload for a given job leaves a significant amount of work for humans. A six-month pilot program for a four-day workweek in the US and Ireland found nine out of 10 participating companies said they will not go back to working five days.

via Fox Business|
#ai#automation#economics
health2 years ago

The Health Benefits of a Three-Day Weekend

Health researchers at the University of South Australia found that people tend to display more active and healthy behaviors when they are on holiday, even if it's only for a three-day break. The study revealed that physical activity increased, sedentary behavior decreased, and sleep improved during vacation time. The benefits of vacations increased with the length of time of the vacation. The study supports the idea of a four-day workweek, as employees have reported less stress, burnout, fatigue, better mental health, and an improved work-life balance when working shorter weeks.

via The News International|
#four-day-workweek#health#physical-activity
business2 years ago

"Push for 4-Day Workweek Gains Traction in Massachusetts and New Hampshire"

Massachusetts lawmakers Rep. Dylan Fernandes and Rep. Josh Cutler have introduced legislation to create a voluntary program, the "Massachusetts Smart Work Week Pilot," that would create a tax credit for businesses who move their workers to a shorter week for the same pay. Participating businesses would be required to transition at least 15 workers to a 32-hour, four-day weekly schedule without reducing their salaries. Employers would receive a tax credit in exchange for regularly reporting the shortened week's economic and social impact in their organization, such as on employee wellbeing and work-life balance. The legislation will now be directed to a committee and considered in a committee hearing.

via CNBC|
#business#four-day-workweek#massachusetts
business2 years ago

"New Hampshire and Massachusetts Companies Consider 4-Day Work Weeks to Address Staffing Issues"

Some New Hampshire businesses, including health care facilities, are adopting a four-day workweek to attract and retain employees amid staffing shortages. The Summit senior living community and Crown Point Cabinetry are among the companies that have implemented the shorter workweek, which has resulted in reduced overtime, lower costs, and increased morale. A recent study found that 71% of workers who participated in a four-day workweek felt less burnout, and 39% reported lower stress levels. While the model may be more challenging for certain industries, experts believe there are ways to make it work.

via WMUR Manchester|
#business#employee-benefits#four-day-workweek
business2 years ago

The Pros and Cons of Implementing a Four-Day Workweek

A UK trial involving over 60 companies and nearly 3,000 employees showed that 92% of companies intend to continue with a four-day workweek after employees reported improved well-being. Data showed that 39% of employees were less stressed, and 71% had reduced levels of burnout at the end of the trial. Measures of work-life balance also improved, and companies' revenues rose an average of 1.4% during the trial period. However, some companies opted to revert to the 40-hour standard, including one that struggled to keep pace with the trial's demands and saw increased burnout among employees.

via Fox News|
#burnout#business#employee-well-being