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Is the 4-Day Workweek Right for Your Business?

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Businesses are always trying to figure out the best way to get the most out of their employees to increase productivity and enhance the overall employee experience. Some are offering higher salaries; some are offering better benefits and vacation plans; some are starting to question the number of hours and days their employees work. One such idea that’s gaining more and more popularity is the four-day workweek.

Some companies are lowering the total number of hours worked while some are leaving the number of hours worked the same over the course of those four days. Regardless of what approach you think is best for improving productivity, we’re here to discuss whether or not the four-day workweek is right for your business, along with the positives and negatives of this idea.

Why is the four-day workweek is such a big deal? When people are working longer and harder and not making as much money as they would like, they’re not finding the right balance between work and family. That balance is key to increasing productivity in the workplace.

Happy, refreshed employees are able to spend more time focusing on work instead of worrying about being isolated from their families, not doing enough to make ends meet, and simply catching up on household duties like grocery shopping, scheduling doctor’s appointments, and giving back to the community.

It’s not that they don’t want to work hard. In fact, millennials have had a much harder time getting their lives on track because of high tuition costs, student loan debts, an ultra-competitive job market, lower salaries with fewer benefits, high rent costs and high childcare costs.

In order to compensate for salaries that haven’t increased with the cost of inflation, they’re working longer hours and feeling more obligated to do so because technology makes it easier to work from home and respond to emails after hours. So in that regard, the four-day workweek isn’t just about family time. It’s about having time to relax and recharge.

Many businesses struggle to find a happy medium between hours worked and levels of productivity. Some research suggests that we can lower the number of hours worked to as low as three per day to boost productivity, but don’t expect that to happen any time soon.

The point of this research is to suggest that working more doesn’t equate to better productivity and that it can actually become an inhibitor. The four-day workweek is being tested to determine whether fewer hours in the office, more family time and more flexibility can lead to an increase in productivity.

The five-day, 40-hour week can be considered one of the first attempts at striking a balance between work and life at home. Before this, people were used to working 10-hour days and Saturdays.

There’s still more research to be done regarding the four-day workweek, but so far, the results are promising. Trial runs have proven to be positive and some businesses are making the changes permanent. If you feel that your team would benefit from a three-day weekend, why not give it a shot?

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