The standard five-day workweek might quickly be a relic of the previous for a major chunk of the UK workforce. Analysis reveals 12% of UK companies plan to undertake a four-day working week in 2024, marking a seismic shift in firm attitudes in the direction of versatile working.
Startups surveyed a consultant pattern of 546 small companies on the finish of 2023. The outcomes point out that, regardless of prior issues over productiveness and impression on pay, the four-day week has received over each workers and employers.
The pattern underscores a broader effort to enhance work-life steadiness amongst UK employees. The identical examine additionally discovered that 66% of firms will embrace a versatile work mannequin, reminiscent of a hybrid or distant coverage, in 2024.
What’s behind the four-day week increase?
That 12% of UK small companies are contemplating embracing a four-day week in 2024 is critical. Proportional to the present SME inhabitants, this may signify a complete determine of 660,000 companies and 1000’s of jobs.
4-day work weeks have quickly entered into the mainstream following a profitable international trial final yr. This curiosity has notably accelerated within the UK, resulting from poor ranges of worker engagement.
File numbers of workers are leaving the workforce resulting from a rise in ranges of burnout and stress. Probably, the disaster will solely be exacerbated this January. The start of the yr is among the hardest months for profession blues.
UK firms with a four-day week cite a large number of causes for embracing the shorter workweek, together with improved worker wellbeing.
The truth is, Startups’ four-day week survey discovered that almost all of four-day week advocates consider it is going to assist to scale back stress and increase morale.
Eager about working a four-day week this yr? Learn our information on learn how to request a four-day week out of your employer.
Stress much less, earn extra?
The potential impression of the four-day week pattern is critical. It might reshape the UK workforce, resulting in improved worker morale and a extra balanced work-life tradition.
Research additionally counsel that shorter workweeks can really result in productiveness beneficial properties. With fewer hours to unfold themselves skinny, workers are compelled to prioritise duties, focus extra intently, and in the end obtain extra in much less time.
The end result could assist UK firms sq. the circle by enhancing worker satisfaction with out breaking the financial institution with more and more unaffordable salaries.
Challenges of a shrunken workweek
In fact, implementing a four-day week is not with out its challenges. Companies have to fastidiously think about learn how to distribute duties, schedule conferences, and keep operational continuity with fewer working hours.
Moreover, questions round worker pay and advantages in the course of the transition have to be addressed transparently and collaboratively.
Probably, a number of the 12% of companies planning to undertake a four-day week this yr will go for pilot packages, testing the four-day week in particular departments earlier than a wider rollout.
Others may select to discover various types of the shorter week. For instance, permitting workers to unfold their 40 hours throughout fewer days or condense them into longer, centered stretches.
You’ll be able to be taught extra a couple of shortened work week and the way it may profit what you are promoting in our full information to the four-day working week.
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