A study took place in June in the UK that involved 60 companies. They had to agree to continue with the study for six months and in the end, they gave their honest answer as to how they felt about the solution.
The results are finally in about the study, which involved a four-day workweek. Even though this is done in some countries, such as Iceland and Belgium, those in the UK decided to try. In the end, it turned out well for the workers.
Almost 2,900 workers were involved in the test across several industries. The impact, both of the quality of work they were providing as well as the mental outlook of the workers, was considered. The results were positive.
According to the report, even though the time was reduced by 20% to the four-day workweek, the employer could not reduce the employee’s salary. On the other hand, the employer had to agree that they would keep the same productivity during those four days.
It seems as if this was beneficial to all types of industries, both those that require you to sit at a desk and others in a factory or even construction environment.
The companies were able to use some interesting solutions on how to implement the four-day workweek. Some of them reduced the hours during the offseasons but kept a 32-hour weekly average. Others would reduce meetings and other processes that took time.
71% of those who worked a four-day workweek were not experiencing as much burnout. 39% also experienced a reduction in stress. 60% said they could manage their priorities and 62% said it was easier to balance work and socializing.
The businesses also benefited, with 65% fewer sick days and a 57% increase in employee retention. Revenue remained at the same level and even increased slightly, with an average of 4.1% being seen among those who were part of the study.
A number of organizations were involved in the study, including the nonprofit Four-Day Week Global and UK Four-Day Week Campaign. Scientists from the University of Cambridge, Boston College also Joined in.
According to The Statesman, a member of the research team from the University of Cambridge, Dr. David Frayne, said: “The method of this pilot allowed our researchers to go beyond surveys and look in detail at how the companies were making it work on the ground. We feel really encouraged by the results, which showed the many ways companies were turning the four-day week from a dream into realistic policy, with multiple benefits.”
There is a bit of a challenge associated with implementing the four-day workweek permanently, but 92% of those who participated said they are willing to put it to use. 18% of those who were part of it have already made the switch.