Should You & Your Team Be Choosing A 4 Day Work Week?
Should you be limiting you and your team to a four hour work week?
One of the largest experiments of a four day work week is happening in Europe. This follows others like Microsoft’s in Japan.
Not everyone understands it, but there are many arguments for working fewer hours and days.
Productivity
It has long been understood by researchers that productivity peaks, and working extra hours yields decreasing amounts of productivity, results, and profits.
Some put this at 49 hours. Though others put this in the range of 30-40 hours per week. It has also been found that workers are only actually productive for about 3 hours out of an 8 hour work day. So, why clock all that time, or pay for it, when you are going to get a lot more out of 3 good hours?
Microsoft’s test of a 32 hour, 4 day work week showed great results.
Holistic Improvements For Your Business
In Microsoft’s case there was a 40% increase in productivity and employee satisfaction.
78% of employees were happier and less stressed.
That means they are doing far better work when they are working, they are going to treat each other, and customers much better. They are going to be speaking much more positively about your company.
This is all great for your branding, customer retention, repeat business, and overall profitability.
Financial Savings
Healthier and less stressed, and less burned out employees are going to save you a lot of money. The cost of health benefits can go down, they’ll miss less work, and you aren’t as likely to have accidents or workplace injuries.
If you are still one of those rare companies having people come to an office, then only opening 4 days a week can save a ton on energy. As well as in gas for your team to commute. If you care about the environment, it can have a huge impact there as well.
Mandatory Vacations
Extended paid vacations have become more popular too. In some countries it is common for workers to have mandatory paid vacations totaling one to two months a year.
This has many of the same benefits as above. If you don’t mandate it, then expect them to keep on working until they burn out. That doesn’t help anyone.
How are you optimizing productivity and profitability this year?
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