The idea of a 4-day work week has gained traction in recent years as people search for ways to improve work-life balance and increase productivity. While there is no definitive answer to whether a 4-day work week could be more productive, evidence suggests that it could work for some organizations and industries.
A recent survey from the 4 Day Week Global Foundation, done through an international collaboration with researchers at Boston College, University College Dublin (Ireland) and Cambridge University (UK), found that the implementation of the 4-day work week model can bring more productivity even increase revenue.
The study conducted in 6 countries, including Canada, revealed some interesting findings on productivity, work-life balance and stress management. From the company side, the trial has been a success. The 4-day work week experiences provided by 27 companies (with 969 employees included in the study), included the following highlights:
- On a scale of 0-10, from very negative to very positive, the companies’ average rating for the trial is 9.0.
- When asked about how their overall company performance was affected by the trial, the average score was 7.6.
- When asked specifically about productivity, the companies reported a score of 7.7.
- Among the 27 companies, 18 are definitely continuing, 7 are planning to continue but haven’t made a final decision yet, 1 is leaning toward continuing, and 1 is not yet sure. None are leaning against or not planning on continuing.
From the employee side, the experience has been similarly successful.
- On a scale of 0-10, from very bad to very good, the average overall experience of the trial was 9.1.
- 97% of all the employees want to continue the trial.
- When asked to rate their current work performance compared to their lifetime best, the average score rose from 7.17 at baseline to 7.83 at the end of the trial.
- A wide range of well-being metrics showed significant improvement from the beginning to the end of the trial. Stress, burnout, fatigue, and work-family conflict all declined, while physical and mental health, positive affect, work-life balance, and satisfaction across multiple domains of life increased.
- Employees used their day off for hobbies, household work and personal grooming.
Download the complete report by the 4 Day Week Global Foundation here.
Where Do Canadians Stand on the 4-Day Work Week?
The latest trends show that many Canadians value work-life balance and prioritize spending time with family, pursuing personal interests, and maintaining overall wellbeing. Therefore, a shorter work week may appeal to those seeking more time for non-work activities.
Continue reading to see where Canadians stand on the 4-Day work week and what 9 members of the 17th Floor had to say about this.
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