Four-day working week
A six-month trial looking into the four-day week with no loss of pay will start in June 2022. The pilot is based on the principle that employees receiving 100 per cent of their pay for 80 per cent of their time in exchange for a commitment to maintain 100 per cent productivity. Similar trials are also happening elsewhere in Europe including Spain and Ireland.
A telecoms firm, a video games developer and a training company have become the latest businesses to join a four-day working week trial as scrutiny increases of work/life balance during the pandemic. Yo Telecom’s 90 employees will move from a 40-hour working week to a four-day, 32-hour working week with no reduction in pay for six months starting in June. They will be accompanied by game developer Hutch, with 120 employees, and MBL Seminars, with 70 employees. The trial is being run by academics at the universities of Cambridge and Oxford, plus Boston College in the US and thinktank Autonomy. It is being overseen by 4 Day Week Global, a campaign group.