The Strategist

UK starts biggest experiment with four-day work week

06/08/2022 - 08:10

The largest experiment in implementing a four-day workweek has begun in the United Kingdom. According to The Guardian, the 4 Day Week UK program will involve 3,300 employees from 70 organizations.

The 4 Day Week program is being held in the United Kingdom thanks to the efforts of New Zealand entrepreneurs Andrew Barnes and Charlotte Lockhart, as well as scientists from Oxford, Cambridge, and Boston College (USA). The organizers employ the 100:80:100 model, which entails paying 100% of wages while working 80% of the time and achieving 100% productivity.

Scientists from participating colleges will track changes in production and employees well-being. The program's findings will be released next year, following which the British government will assess how effective it is to shift workers to a 32-hour workweek.

British academics provided early statistics on the effectiveness of implementing a four-day work week in March. Companies that move to a four-day workweek save an average of £18,000 per year, according to experts at Henley Business School at the University of Reading (UK).



< >

Thursday, May 16th 2024 - 03:10 HSBC starts looking for new CEO