The idea was to test what would happen if they gave employees one paid day off per week.
Halfway through the trial, 88% of the companies indicate that the four-day working week works ‘good’ for their company. In addition, 46% say their business productivity has “stayed at about the same level”, while 34% report that it has “improved slightly”.
“The four-day trial has been extremely successful for us so far,” said Claire Daniels, CEO of Trio Media, one of the companies involved in the trial. “Productivity has remained high, with an increase in team well-being, while our company has outperformed financially by 44%.”
What is the 4-Day Workweek Experiment?
The four-day workweek pilot program is a six-month trial period of a four-day workweek, with no loss of wages for employees. The initiative was created by a non-profit organization of 4 Day Week Global in collaboration with researchers from Cambridge University, Boston College and Oxford University.
Currently there are pilot programs in the UK, US, Ireland, Australia and New Zealand. 4-Day Work Week Global launches new programs in different regions every quarter.
Founded in New Zealand by architect Andrew Barnes and entrepreneur Charlotte Lockhart, 4-Day Week Global is committed to “supporting the idea of the 4-day week as part of the future of work,” according to their website. Lockhart says she’s passionate about showing “the benefits of a productivity-focused workplace with fewer hours.”