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Topic: A Hundred UK Companies To Adopt Four-Day Working Week With No Pay Cut (Read 265 times)

legendary
Activity: 3752
Merit: 1864
Great solution!
In fact, there are a few facts to be aware of:
1. Work efficiency is not measured by hours of wiping office chairs. It is measured by completely different indicators! As in other things, and not the time of work Smiley
2. More free time is a good extra motivation! And the employee will be happy to work a little harder, to do a little more work during working hours, and not stretch it out for 5 days! Provided that in return he gets 3 days off, and maintaining the level of income!
3. After the start of a new round of terrorist aggression from Russia, many of us switched to the format of either completely remote work or partially (for example, Monday - office, the rest of the days - online). The effect was surprisingly positive. People do not spend time on the road, it is from 2 to 3 hours a day, sometimes they are ready to start working earlier or continue later. People are so comfortable!
sr. member
Activity: 574
Merit: 310
There is a direct correlation between productivity/efficiency with well-being. Some organizations wouldn't mind labouring their employees to "death" because they want to be productive and we know how counter productive this is as it leads to high turnover.

I am glad that some companies  are adopting the four-day working week for all their employees with no loss of pay. Nonetheless there are some caveats to be considered and one of them is, this still approaches human beings as equal, meaning it does not account for each individual.

For some people a 4 day week would be fantastic, while for others it will mean they would have to deliver a kind of productivity they just can't. There is a need for government incentives because not all companies can adopt this model as it increase the gap between skilled and unskilled workers.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
Are they being forced to adopt here because if they don't they will face consequences?
Well, if this is good for both parties without sacrificing the whole budget of the company they its better. Just make sure that those employees will not look for other job while they are being paid during their off, many might abuse this new system so let's see how they will implement this one. This could be a good news to those who wants to spend more time with their family and balance their social life.

It's just a campaign, all the companies that support it means they know the consequences.
UK has a maximum rule of 48 hours for the industrial sector with certain conditions that can be counted as "work". Yes, it may have something to do with the average employee's job type not meeting this standard so the company chooses to cut it if the rules allow it. cmiiw
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Nearly everything relating to the UK in news cycles has been doom and gloom for the last few years now. It was surprising to see optimistic UK headlines: 4 day work week with "no loss of pay" rollout. Of course this is available on a limited trial basis for only 2,600 employees.

Given recent trends where many believe billions in student debt should be forgiven by governments with no fallout or damage to the economy and financial insitutions. Does it make sense to rollout a 4 day work week without cuts in pay? Or without businesses sustaining significant losses. Where does the money come from. Is it a good business model for the future.

The american equivalent to this would probably be efforts to raise minimum wage or to unionize large corporations like amazon or apple. Its difficult to tell which direction public opinion is leaning. Or whether people are taking steps to learn more about business and finance to help them support what is best for them.
I really doubt this is going to become common and my reasoning is simple, even if they are not being given a raise in monetary terms, effectively this is a 20% raise in their salary compared to the hours they work, and if anyone has ever tried to get a raise from their boss they should know how hard is to get even a 5% raise, so while interesting and this could be good for employees, boss owners are not going to be happy if at some point this became mandatory.
hero member
Activity: 2114
Merit: 603
This is fine for the information technology field or what they call it a white collar job; but I highly doubt that it is going to be Share of Manufacturing companies! For them it is impossible to tackle the need of world whether it is car production, clothe production or simple paper production company they are going to run 24x7 due to the fact that they need to keep feeding their distribution channels, retailers and the pipeline is always moving. In fact many truckers would do overtime just to catch up with the Timeline.

I am not sure how 4 days of work would -work! This is definitely not possible in the Asian countries. The clock is literally insufficient for the amount of work that’s done here. May be Europes gonna be lucky one to tackle this.
hero member
Activity: 1120
Merit: 887
Livecasino.io
While I like the idea, does this apply to organizations where their employees work remotely? I think that companies that would To adopt four-Day working week will soon stagnate or lose ground to the competition. The only competitive advantage these companies will have to be able stay in business will be through automation. The downside of it is that once machines take over, workers are very likely to lose their employment.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
This is good that companies are doing it themselves and not forced by others. The reality is that the last place I worked for made it 7 days a week for a whole month at 12 hours of shift because they didn't had enough workforce, and instead of hiring someone right away, they made us work and paid extra shift money.

By the time I resigned from there, I had so much money and time in there that they paid me nearly 2000 dollars for just half a year's extra work, and in my nation that's a lot, that's basically half a years salary for half a years extra work. But of course, my mind couldn't take it anymore and I quit as well, it was unreal and definitely a horrible situation.
legendary
Activity: 2968
Merit: 3684
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I like that, I wish the same can be applied in my country. workers will have 3 days off work to take care of personal business. This will mostly be beneficial to working mums, juggling between work and taking care of the family can be stressful but an additional 1 day can be a lot helpful.
Think the major fight where I am now isn't about work hours or pay but about recognising many "freelance" workers are doing as much as part timers or full timers.

Freelancers don't get any benefit because they are not exactly employed they work based on commission and at their convenient time which is not the same as employed staff who need to work at specified working hours by the company.

That is why they are referred to as freelancers; their time is not the same as that of an employee, which is from 8 a.m. to 5 p.m.; their time is determined by the client, as it is mostly per project or task. However, remote workers such as virtual assistants can really benefit from this because they do the same work as employees, although remotely. I'm hoping that this has a positive impact on everyone, whether you're a freelancer or an employee, because we're all working to pay our bills. 

Might have lost my point sorry if I didn't make that clear.

The freelancer today, and its legal definition, is so loose that modern employers take advantage of this. So where I live for example, it will soon be illegal for companies to hire their workers as freelancers -- when they expect the same working hours as a normal employer. Food delivery companies were the most guilty of this but I'm saying also many crypto companies who will only hire remote like this.

So they save money because they don't pay benefits and employee tax -- but in practice are hiring full-time employees doing way more than 40 hours a week. And these guys need the job, so have no choice but to take them, while paying their own insurance and health, pensions, etc.

So was responding to the topic, but putting in relation a different sort of fight in some places. On one hand great to hear about workers rights... but what about those who aren't even recognised as employees?
legendary
Activity: 1498
Merit: 1116
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Does it make sense to rollout a 4 day work week without cuts in pay? Or without businesses sustaining significant losses. Where does the money come from. Is it a good business model for the future.
It makes a whole lot of sense to me and I think businesses can survive with some little adjustments not necessarily in reduction of workers pay but rotating workers schedule so everyone gets to have the three days off, but not the same time, so some people's off will fall on weekends and others on weekdays so that your business  running and operations will not be affected. it is also a good business model as it will provide workers with an extra time to indulge in other activities that can be profitable to them.
legendary
Activity: 2828
Merit: 1515
Everything is strategically done to increase worker productivity, so I see no issue for a pilot test of 2,600 workers to see if a 4 day work week would work out better for the company and the employee. There are some tough labor shortages and seemingly a lot of workers are planning on leaving their current employer for reasons like returning to the office after working from home for over a year.

This might be a viable strategy to retain those WFH employees. I've seen some companies also adopt a WFH hybrid, where employees might only be required to show up to the office on certain days of the week.
sr. member
Activity: 742
Merit: 275
I think this would be great for both employers and employees as it would be beneficial to both parties.
The employees, obviously would be overjoyed at the prospect of working just 4 days of the week and getting 3 off with no pay cut as well. And this, in my opinion would be a huge motivating factor to the employees to put in more enthusiasm in their duties at work. I think those companies trying to adopt this would see a huge spike in the productivity of its employees. A happy and satisfied employee would strive to always put in his best in the workplace. I think it’s a great move for both the employees and the employers.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Where does the money come from.

From company losses and then from the creditors that lost their money with the bankruptcy.

What people don't learn is that some jobs do require only a few hours and should now be tied to a mandatory number of hours worked, that's why most of the companies that enroll in this program are small companies mainly involved in marketing, design, and gaming. You have to complete a project in a month that takes you 40 hours of work, it's just a waste for that guy to stay in the office doing nothing, but it's an altogether different thing for almost any other kind of job.

You can't just have the workers in a store or in a hospital or police or any other kind of job that produce things continuously switch to a lower work schedule and be paid the same stuff, it would mean hiring an extra guy to cover for the days which is basically, just give the first worked a 25% raise and that's it.
Where would the money come from when in your business model nothing has happened?
I certainly doubt that having the guy at Tesco working 32 hours and not 40 would mean 10% more shoppers  Grin

If the company is oriented towards the production of goods, it isn't a problem.

If the median is one laptop per hour and your employee will assemble only 32 per week instead of 40 but get paid the same amount, how is this not a problem?
sr. member
Activity: 2422
Merit: 357
I wouldn't say not a bad decision. At least these companies have made thorough calculations to stable performance and results if it is assumed that they will only cut less productive working hours or actually these companies are gradually reducing dependence on human workers.
The article doesn't talk about working hours anyway.
Are they being forced to adopt here because if they don't they will face consequences?
Well, if this is good for both parties without sacrificing the whole budget of the company they its better. Just make sure that those employees will not look for other job while they are being paid during their off, many might abuse this new system so let's see how they will implement this one. This could be a good news to those who wants to spend more time with their family and balance their social life.
hero member
Activity: 2366
Merit: 594
I like that, I wish the same can be applied in my country. workers will have 3 days off work to take care of personal business. This will mostly be beneficial to working mums, juggling between work and taking care of the family can be stressful but an additional 1 day can be a lot helpful.

Definitely good to see more work life balance (which if done right actually improves productivity) in my resident part of the world, though freelancers still getting short end of the deal, no health or vacation or insurance benefits, no hour caps etc. Think the major fight where I am now isn't about work hours or pay but about recognising many "freelance" workers are doing as much as part timers or full timers.

Freelancers don't get any benefit because they are not exactly employed they work based on commission and at their convenient time which is not the same as employed staff who need to work at specified working hours by the company.

That is why they are referred to as freelancers; their time is not the same as that of an employee, which is from 8 a.m. to 5 p.m.; their time is determined by the client, as it is mostly per project or task. However, remote workers such as virtual assistants can really benefit from this because they do the same work as employees, although remotely. I'm hoping that this has a positive impact on everyone, whether you're a freelancer or an employee, because we're all working to pay our bills. 
hero member
Activity: 2478
Merit: 695
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I like that, I wish the same can be applied in my country. workers will have 3 days off work to take care of personal business. This will mostly be beneficial to working mums, juggling between work and taking care of the family can be stressful but an additional 1 day can be a lot helpful.

Definitely good to see more work life balance (which if done right actually improves productivity) in my resident part of the world, though freelancers still getting short end of the deal, no health or vacation or insurance benefits, no hour caps etc. Think the major fight where I am now isn't about work hours or pay but about recognising many "freelance" workers are doing as much as part timers or full timers.

Freelancers don't get any benefit because they are not exactly employed they work based on commission and at their convenient time which is not the same as employed staff who need to work at specified working hours by the company.
legendary
Activity: 2968
Merit: 3684
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Good to hear, now to pressure people in the global South to at least start making weekends off limits heh.

Definitely good to see more work life balance (which if done right actually improves productivity) in my resident part of the world, though freelancers still getting short end of the deal, no health or vacation or insurance benefits, no hour caps etc. Think the major fight where I am now isn't about work hours or pay but about recognising many "freelance" workers are doing as much as part timers or full timers.

Now the interesting thing, because I've worked in "Crypto" for 6 years now: majority of remote staff don't even have 40-hour contracts or employment contracts (C-levels and managers do). Think outside of FTX and those suits and ties, very few projects you do see active on CT and on this forum do it like this. Not to mention the startup/tech mentality of long work hours pretty much matched regular corporate jobs.

Time for a change?
legendary
Activity: 2492
Merit: 1215
Then four or five day working week is very dependable from the business. If it is a production, then it might be hard for employer.

Lets take those 100 employees as an example. Hard to imagine a business, where 50 employees can afford to wait when other 50 does their job. Even if they work in shifts. They will either create less product per day, or it will be needed more days to get a final products. That is why 50/50 employee share does not suit here (if it suits, then the company does not need those 100 employees, if 50 can achieve same result). I agree that some of the work can be put on pause, postponed or a specific employee can come the other day, and etc. Lets imagine that they need only 70 out of 100 employees daily, to finish 1 product.

It looks like:

"70 employees 8-6 Monday to Thursay
70 employees 8-6 Thursday to Monday"

If company switch from 5 day to 4 day working week and work in shifts, they will need to hire extra 40 employees, but will have increase production. Here come supply and demand issues. Will produced goods be demanded?

I might not be that good at explaining, but I hope you get the idea.
legendary
Activity: 4424
Merit: 4794
imagine a business only operated with 100 staff 9-5 mon-friday
the shift would become:
50 staff 8-6 mon to thur
50 staff 8-6 tue to friday

where all staff are there tue-thur

there are many businesses where they do not need all staff on a monday.

for instance imagine the accounting department. doing accounts of previous days trade.
because there was no trade on sunday. there is no need for accountants on monday

take that businesses production.
because on a 2 day delivery there wont be any deliveries at weekends. they dont need to produce on a friday

thus the 50 accountants start on a tuesday and 50 production operators finish on the thursday
hero member
Activity: 2212
Merit: 670
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I see only one problem - what would such companies do if their clients have five-day working week? Will they have working shifts, (like working Mon-Thu, Fri-Mon, Tue-Fri and etc) which means hiring extra employee? Or put up with loosing clients and profit?

If the company is oriented towards the production of goods, it isn't a problem. Making schedules between clients is actually not only limited to the company's active hours if they have special staff to handle this (generally not bound by working time).
It might be a problem if it's a service company like logistics.
legendary
Activity: 2492
Merit: 1215
If we put aside jokes about 5 o`clock tea pause as the reason why Brits work less than other usual workers, then I see only positive from four-day working week. Many office employees dont leave their work as soon as clock hits 5 or 6 o clock. Other employees, for example those who work in stores or food courts also have long working hours. So switching 8h working day into 10h working wont be such a huge problem imo.

I see only one problem - what would such companies do if their clients have five-day working week? Will they have working shifts, (like working Mon-Thu, Fri-Mon, Tue-Fri and etc) which means hiring extra employee? Or put up with loosing clients and profit?
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