According to a February 2023 Future Forum global survey, 42% of workers feel burned out. Employers are increasingly seeking opportunities to prioritize their employees’ work-life balance. 4 Day Week Global Research Director Alex Pang joins Wealth! to discuss whether a four-day workweek could be the solution.
Pang explains that a reduced workweek benefits both the employer and the employee, as productivity and retention rise while overall burnout decreases. “What we’re finding is there are ways of using technology better, of making improvements in things like meetings…that allow you to create time that you can give back to people while also making work time itself more productive and effective,” he tells Brad Smith.
Pang also notes that a four-day workweek would not affect employee pay, allowing them to receive the same salary under reduced working hours. “The idea is that you’re doing the same work,” he explains, adding that it also serves as “a great incentive” to find efficiencies and innovate.
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Employers probably don’t care because they have an authority complex
4 day work week implemented. great! Few years later, employees complain about being worked too many hours a day. (40hrs in 4 days)
Enforced mandatory overtime will soon follow if it passes. Who do they think are going to cover the missed factory shifts when each worker skips a day of work? 40 employees skipping a day of work equals a production loss of 1280hrs per month.
Maximum productivity and maximum profits are all that matter when it comes to corporations.
Th economy now mandates two incomes per household. That is the problem, not a 40 hour workweek. Only a couple generations ago people lived very well with a SINGLE breadwinner per household.
Youtube will probably shadowban this comment like many of my others.
Companies hit profit records every year
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4-day work week, 4 days of pay. Problem solved.
20% wage reduction – no probs
Yes.
Make Tuesday the new Monday.