How to Actually Execute a 4-Day Workweek


A growing body of evidence suggests that reduced-hour work schedules for the same level of pay are not only feasible when it comes to maintaining outcomes but also potentially advantageous when it comes to employee wellbeing and retention. These initiatives only work if companies undertake substantial work redesign to reduce hours while maintaining business outcomes. This means streamlining operations, removing administrative burdens, and prioritizing high-impact work. Another major challenge is ensuring employees accept that you’re asking them to produce the same amount in fewer hours.

Coming out of the pandemic, the conversation about flexible work has largely focused on whether employees should return to the office — and how often. A third of U.S. workers who can do their jobs remotely now do so all the time. LinkedIn research shows that in May 2023, nearly one in nine U.S. job postings offered remote work, 13% of postings were hybrid, and 66% of applications were for remote and hybrid roles. A CEO told me that by putting the word “remote or hybrid” into the job description, the number of job applicants tripled.




Source link: https://hbr.org/2023/12/how-to-actually-execute-a-4-day-workweek

Sponsors

spot_img

Latest

Deborah Chow Chats About the Work Behind Obi-Wan Kenobi

Deborah Chow, the director of the Disney+ show, Obi-Wan Kenobi, went on the Crew Call podcast to chat about the challenges that came...

Ethereum Fees Plunge 69% Following A Yearly High In May, What This Means For ETH

In a significant development for the Ethereum network, average transaction fees have witnessed a sharp decline. This plunge comes shortly after the Ethereum...

Discovery Plus and HBO Max will reportedly join to create just ‘Max’

Warner Bros. Discovery CEO David Zaslav had been planning on bringing the two services together ever since WarnerMedia merged with Discovery last year,...

Get a One-Year Costco Membership Plus a $30 Digital Costco Shop Card for $60

Disclosure: Our goal is to feature products and services that we think you'll...

ITF President David Haggerty addresses Stan Wawrinka wild Davis Cup claim

ITF President David Haggerty addresses Stan Wawrinka wild Davis Cup claim © Getty Images Sport - Paul Kane ITF President David Haggerty confirms Stan...