Four Day Work Week

Germany is all set to launch a four-day work week from February 1. Over 45 firms in the country will try a four-day work week system for six months. This comes amid the looming inflation and the protests on January 28. The country’s construction union asked for a pay rise of more than 20% for 930,000 workers. It is also facing problems with immigration and a low birth rate, hence, German companies are facing employee shortages. With the four-day work week trial, the country not only expects work-life balance but also hopes to address inflation. However, the move has received criticism from the German Finance Minister who thinks the move will impact economic development and prosperity. Watch this video to know more

World's largest four-day work week trial finds 61 per cent companies will stick to shorter hours

For companies that rolled out the four-day work week, whether it was one less workday a week or longer hours in parts of the year and shorter hours the rest of the time to make an average 32-hour week, revenue wasn't affected, the findings say.

World’s largest four-day work week trial finds few are going back to five-day format

The study involved 61 organisations and about 2,900 workers who voluntarily adopted truncated work weeks from June to December 2022. Only three organizations decided to the pause the experiment, and two are still considering shorter hours

4-day workweek brings no loss of productivity, companies in experiment say

Nearly halfway into the six-month trial, in which employees at 73 companies get a paid day off weekly, 35 of the 41 companies that responded to a survey said they were “likely” or “extremely likely” to consider continuing the four-day workweek

This start-up has switched to a 4-day workweek permanently. And it's never going back

Calling it a “selfish” move, Bolt founder and CEO Ryan Breslow, 27, said he found that his employees were found to be “overwhelmingly more productive” while working for four days a week, as compared to five days a week.

Is the four-day workweek worth the hype?

According to a report by management consultancy firm Gallup, while four-day workweek may be a good idea for some people or organisations, one size might not fit all.