Index Investing News
Sunday, May 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Four-day week: ‘major breakthrough’ as most UK firms in trial extend changes – 70% of those involved have undergraduate degree — Society’s Child –

by Index Investing News
February 22, 2023
in World
Reading Time: 4 mins read
A A
0
Home World
Share on FacebookShare on Twitter


© Gary Calton/The Observer
David Alatorre (left) and David Mason of Rivelin Robotics, which said it wanted to put wellbeing first.

Of the 61 companies that entered the six-month trial, 56 have extended the four-day week, including 18 who have made it permanent.

The findings will be presented to MPs on Tuesday as part of a push urging politicians to give all workers in Britain a 32-hour week.

Joe Ryle, the director of the 4 Day Week Campaign, called the trial a “major breakthrough moment”, adding: “Across a wide variety of sectors, wellbeing has improved dramatically for staff; and business productivity has either been maintained or improved in nearly every case.

“We’re really pleased with the results and hopefully it does show that the time to roll out a four-day week more widely has surely come.”

At Sheffield-based Rivelin Robotics, one of the participating firms that plans to continue with the new approach, the chief product officer, David Mason, said he hoped offering a shorter working week would help with future recruitment. “It’s certainly something that makes us a little bit different from the average.”

The UK pilot, which kicked off last June, has been promoted by 4 Day Week Global, a not-for-profit organisation founded in New Zealand, and overseen by the thinktank Autonomy and a team of academics.

Companies taking part were offered workshops and mentoring to help them rethink working practices. Staff were given the opportunity to remain on their existing salary, working across four days instead of five.

David Mason (left) and David Alatorre, of Rivelin Robotics, say the change came with challenges. Photograph: Gary Calton/The Observer

Since last summer, staff at Rivelin Robotics have been enjoying a three-day weekend. David Alatorre, its chief technology officer, said: “We wanted to instil a culture in the company of putting wellbeing first, making sure that everybody is rested and has a good work-life balance.”

Based in a bright industrial unit close to the River Don, the company makes robots that meticulously finish 3D-printed parts for manufacturers, for industries including aerospace and medicine. In consultation with colleagues, they opted to take Fridays off, and extend the working day to 8am-5.30pm on the other days of the week.

Alatorre and Mason said the change had not been without its challenges. It is a small, fast-growing startup – currently with just eight staff – and sometimes the work will not wait.

“We had a trade show that was a big launch for one of our products and a couple of the major parts were delayed. And we just couldn’t physically start the process until they arrived,” Mason said. “There was no way at that point in time that we could have spread that load.”

He added that while it was “quite common that we’ll be contacted on a Friday” he emphasised that he, Alatorre and the firm’s founder, Robert Bush, tended to take the strain when that happens.

“It’s nice to have the flexibility though, which makes the biggest difference to me personally, that Friday, even though I may end up working some of it, I can be at home, walk the dog, go climbing.”

Alatorre said some staff would prefer five shorter days, rather than four – and the management team are now thinking through how to accommodate different working patterns as the company grows.

In total, about 2,900 employees across the UK have taken part in the pilot. Surveys of staff taken before and after found that 39% said they were less stressed, 40% were sleeping better and 54% said it was easier to balance work and home responsibilities.

The number of sick days taken during the trial fell by about two-thirds and 57% fewer staff left the firms taking part compared with the same period a year earlier.

The vast majority of companies reported that they were satisfied with productivity and business performance over the trial period.

Ed Siegal, the chief executive of Charity Bank, said the trial ‘has really moved the dial on the mood’.

Charity Bank in Tonbridge, Kent, is another participant expecting to continue with the four-day week approach for its 70 employees.

The social lender chose to offer people either a Monday or a Friday off, and the pilot supported them with what the bank’s chief executive, Ed Siegel, calls “a crash course in productivity improvements”.

“I would say that for roughly two-thirds of our team, it’s been fantastic – it’s been amazingly successful. They have successfully transitioned to working four days a week and they love it. It has really moved the dial on the mood, and people are like, ‘Wow, that’s a great organisation I’m working for here.'”

For the others, some of whom are senior staff used to putting in long hours throughout the week, Siegel said the bank was “trying to say to those folks – and by the way, I’m one of those folks – ‘Let’s just be clear, this is your choice. If you want to work four days a week, we want to support you to get there.'”

At the Royal Society of Biology, in London, its 38 employees now take either a Monday or a Friday off, and the working day has been extended from seven hours to eight.

Its chief executive, Mark Downs, said rethinking the way the organisation does its job had been crucial. “There’s no way that you can reduce your working hours and maintain productivity and not do things differently.”

Downs said sometimes flexibility was needed from staff, to attend essential meetings on their non-working day, for example – but surveys of employees during the pilot had produced a resounding result.

“I have to say, without exaggerating, it is the most positive response I think I’ve ever had to any staff survey. It was unanimously popular. Everybody was very, very supportive of it.” When he asked the RSB’s stakeholders whether they had noticed any diminution in service, “The answer was, absolutely not.”

The 4 Day Week Campaign has said it would now like to see many more employers take the plunge, and is lobbying the government to encourage change legislating to give staff the right to request a four-day pattern.

Ryle, of the campaign, said: “The economy doesn’t need us to be working five days a week any more. It was 100 years ago, the shift to a five-day week, and the economy’s transformed since then.”



Source link

Tags: breakthroughChilddegreeextendFirmsfourdayInvolvedMajorSocietysTrialundergraduateWeek
ShareTweetShareShare
Previous Post

The 18 Best Amazon Deals on Levi’s Jeans for Spring 2023

Next Post

Pete Docter reflects on why the Buzz Lightyear movie flopped

Related Posts

Ukraine beneath Russian missile, drone assaults for second evening, 12 killed | Russia-Ukraine conflict Information

Ukraine beneath Russian missile, drone assaults for second evening, 12 killed | Russia-Ukraine conflict Information

by Index Investing News
May 25, 2025
0

Ukrainian overseas minister describes air assaults on third day of prisoner swap as greatest in weeks.Russia has focused Ukraine for...

Cannes Movie Competition: Palme d’Or awarded to Iranian filmmaker

Cannes Movie Competition: Palme d’Or awarded to Iranian filmmaker

by Index Investing News
May 25, 2025
0

he closing ceremony acquired underway Saturday after a serious energy outage struck southeastern France as a consequence of what police...

9 kids of a health care provider amongst 79 individuals killed in Israeli air strike in Gaza

9 kids of a health care provider amongst 79 individuals killed in Israeli air strike in Gaza

by Index Investing News
May 25, 2025
0

NINE kids of a health care provider have been amongst 79 individuals to die in an Israeli air strike.Dr Alaa...

Arson suspected as energy outage in France disrupts last day of Cannes Movie Competition

Arson suspected as energy outage in France disrupts last day of Cannes Movie Competition

by Index Investing News
May 24, 2025
0

CANNES, France -- French authorities consider arson could have performed a task in an influence outage Saturday in southeast France...

Paris arrested Telegram founder to meddle in Romanian election — Moscow — RT World Information

Paris arrested Telegram founder to meddle in Romanian election — Moscow — RT World Information

by Index Investing News
May 24, 2025
0

Pavel Durov has stated that French intelligence tried to censor conservatives on the platform throughout election marketing campaign season Russian...

Next Post
Pete Docter reflects on why the Buzz Lightyear movie flopped

Pete Docter reflects on why the Buzz Lightyear movie flopped

Dow Jones Tumbles Nearly 700 Points, S&P 500 Nears Key Support; Here’s What To Do Now

Dow Jones Tumbles Nearly 700 Points, S&P 500 Nears Key Support; Here's What To Do Now

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Official Trailer for ‘Name Me Ted’ Doc About TV Mastermind Ted Turner

Official Trailer for ‘Name Me Ted’ Doc About TV Mastermind Ted Turner

November 12, 2024
Lawmakers set to sue EU leaders for ‘horse-trading’ with funds to Hungary

Lawmakers set to sue EU leaders for ‘horse-trading’ with funds to Hungary

March 12, 2024
Danger Accumulates The place No One Is Trying For It – Funding Watch

Danger Accumulates The place No One Is Trying For It – Funding Watch

March 17, 2022
Greatest high-yield financial savings rates of interest as we speak, Might 17, 2025 (earn as much as 4.44% APY)

Greatest high-yield financial savings rates of interest as we speak, Might 17, 2025 (earn as much as 4.44% APY)

May 17, 2025
Imax and Laser Projection Cost More, but It’s Worth It for the Theatre Experience

Imax and Laser Projection Cost More, but It’s Worth It for the Theatre Experience

August 8, 2023
Thoughts the Hole: “We’ll see change provided that we preserve speaking”

Thoughts the Hole: “We’ll see change provided that we preserve speaking”

April 14, 2025
REFILE-Finding COVID-19’s origins is a moral imperative: WHO’s Tedros

REFILE-Finding COVID-19’s origins is a moral imperative: WHO’s Tedros

March 12, 2023
Meet ‘the mad Canadian’ who ran the length of Italy — in 85 days

Meet ‘the mad Canadian’ who ran the length of Italy — in 85 days

November 5, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In