0 0
0 0
HomeWorld100 British companies to move to a permanent 4-day working week

100 British companies to move to a permanent 4-day working week

-

100 British companies to move to a permanent 4-day working week
Read Time:1 Minute, 49 Second


Thousands of employees in the UK are to be moved permanently to a four-day working week under a policy described as ‘transformative’.

New Delhi,UPDATED: Nov 28, 2022 13:33 IST

100 British companies to move to a permanent 4-day working week

To be accredited by the four-day week campaign, companies must demonstrate that they have genuinely reduced hours for workers.

By India Today Web Desk: In a first, a hundred companies in the United Kingdom have decided to move to a permanent four-day working week for all employees with no loss of pay. Around 2,600 employees at 100 companies are set to benefit from the new working pattern.

The two biggest companies that have signed up are Atom Bank and global marketing company Awin, who each have about 450 staff in the UK.

Adam Ross, Awin’s chief executive, said adopting the four-day week was “one of the most transformative initiatives we’ve seen in the history of the company,” according to The Guardian.

Furthermore, proponents of the four-day week say that the five-day pattern is a hangover from an earlier economic age. They argue that a four-day week would drive companies to improve their productivity, meaning they can create the same output using fewer hours.

ALSO READ | Will a four-day workweek work in India?

The UK Campaign is also coordinating the world’s biggest pilot scheme for about 70 companies, which employ about 3,300 workers, to adopt the four-day week in a trial with researchers at the Universities of Cambridge and Oxford, Boston College and think tank Autonomy.

In September, 88 per cent of those companies in a survey at the middle of the trial said the four-day week was working “well” for their business at that stage of the trial. About 95% of the companies surveyed said productivity had either stayed the same or improved since the introduction, The Guardian reported.

Most of the companies that have officially adopted the four-day week are in the service sector such as technology, events or marketing companies. However, the campaign said that some manufacturing and construction employers had also signed up.



Source link

About Post Author

Newslaava

“I am an architect, animator and teacher working in architecture and design at __india__. This site is a great resource for anyone looking to get more updates from their home. Fill your home (heart) with more trending accessories from choosing the best colors for your mind room. NewsSalava.com will rob your heart .... Cool
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Newslaava
Newslaavahttps://newslaava.com
“I am an architect, animator and teacher working in architecture and design at __india__. This site is a great resource for anyone looking to get more updates from their home. Fill your home (heart) with more trending accessories from choosing the best colors for your mind room. NewsSalava.com will rob your heart .... Cool

Related articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
3,678FollowersFollow
0SubscribersSubscribe
spot_img

Latest posts