Telling the truth about SME life today

4 Day Work Week

companies with 4 day work weeks

The four-day workweek has been applied by different companies in different ways. The outcomes were encouraging, as increased productivity, improved work-life balance and enhanced employee satisfaction were reported.

The four-day workweek is the trend in the UK business world that is gradually being adopted by several tech giants and well-known companies. These include Awin, a global affiliate network; Dunelm, a home furnishing retailer; Camlas, a health tech company; Samsung; Panasonic; and Springbok AI, an AI consultancy.

The Surge in Demand for a Four-Day Work Week

The workplace is rapidly evolving, and the traditional 9-5 working days are losing their dominance. The global pandemic and technological advancements have paved the way for new flexible working approaches that ensure a better balance between life and work.

This new work culture has an impact on the places we work, the ways we work, and the number of hours we dedicate to professional activities.

To meet the rise of flexible working patterns, the adoption of four-day work weeks becomes a pressing issue. As the name suggests, the employees are supposed to finish their work in 4 days instead of five, while still receiving the same salary.

This emerging model is considered essential for raising employee productivity, morale and well-being. It also does not affect organisational performance.

Snapshot of Companies Embracing the Four-Day Work Week

An increasing number of companies in the UK are enthusiastic about the four-day workweek, so it is closer to becoming a reality now more than ever.

To name a few companies that shifted to a four-day week, we mention Hutch, Tyler Grange, We Are Purposeful, and Infigo. The different industries represented by these companies are proof that flexible work models are applicable in different work settings, and they are not confined to a specific sector.

Let’s take a brief tour of a few such companies and their experiences with the four-day workweek.

HUTCH

Hutch is a gaming studio. It has found it valuable to provide the staff with an extra day off. It is thought that this day recharges and refuels their creativity. The results showed increased staff engagement and productivity, especially when employees worked fewer days without having a salary cut.

Tyler Grange

Tyler Grange is an ecological consultancy firm that has witnessed fewer turnovers and more job applications since introducing the four-day workweek. The workforce became happier and more content. so, they became more motivated and had better work-life balance.

We are purposeful

We are Purposeful is a social impact consultancy where the four-day work week was brought to action. The purpose of decreasing work days was to increase staff motivation and productivity. The results showed that employees became more productive, and showed signs of improved well-being. Business productivity was not touched. The only thing that was touched is the staff morale which certainly improved.

Infigo

Infigo is a software firm. The purpose of the four-day workweek was to help the staff experience less burnout. The additional day off helped the employees relax more and get back to work with higher energy levels, putting their best efforts into the job.

Awin

Awin is a leading global affiliate network. The desire to retain staff and make them happier led them to adopt the four-day workweek. It was challenging, but the staff gave positive feedback and showed a boost in productivity with fewer turnovers.

Dunelm

Dunelm is a home furnishing retailer. Their purpose was to enhance work-life balance, so they implemented the four-day week approach. The results were increased job satisfaction and increased mental health. The company also reported improvements in team productivity and performance.

Cameras

Camlas, which is a health tech company, tried the four-day work week aiming to reduce stress that is associated with long work days. As in other companies, employees were happier, teams were more balanced, and productivity witnessed a boost.

Bex Design and Print

Bex Design and Print aimed at giving staff more leisure time, and reducing their carbon footprint, so they switched to the four-day work week. The reports proved that employees were more engaged and customers were more satisfied than before. The profits also increased although the working hours decreased.

PR Dispatch

PR Dispatch is a subscription-based PR service. Their trial of a four-day workweek yielded positive results concerning increased efficiency and improved work-life balance. They also noticed that productivity and profitability were not affected, while customer satisfaction increased.

Springbok AI

Springbok AI is a leading AI consultancy. they moved to a four-day workweek in an attempt to attract new talents and reduce burnout. The refreshed employees could tackle their tasks effectively, and the work environment became more dynamic and productive.

The companies above have implemented the four-day workweek their way. However, the results they came up with after embracing the flexible work pattern were positive.

They all had happier employers and customers, more productive staff, and improvement in the bottom line. If you have not turned to the four-day workweek approach, read the success stories of these companies to get inspired and encouraged to employ this rising trend.

Measurable Outcomes

The outcomes have been encouraging. All the companies have reported increased employee engagement. Atom Bank, for example, witnessed an increase in engagement levels by up to 8%, while job applications doubled. Earthly, an environmental tech company, has also reported heightened resilience among employees, resulting from better work-life balance.

The Royal Society of Biology reported a boost in productivity, based on the findings from different workplace settings and companies. Thryve Talent, a recruitment agency, reported lower turnover rates and increased top-quality talent applicants. Talents who seek a better work-life balance are highly attracted to the four-day workweek pattern.

Improved work-life balance and increased productivity were not the only benefits of trialling this approach. Profitability also increased as a result. During the trial period, a revenue increase of 1.4% was recorded. Compared to the same six-month period in 2021, the increase in profits was 35%.

Based on the results of the case studies shown above, there is a clear connection between the four-day workweek, and the improvement in staff productivity and quality of life, in addition to the significant benefits it brings to the companies themselves. The change will take time and effort, but it will be highly rewarding which makes it a worthwhile venture.

Challenges and Successful Implementation Strategies

The implementation of a four-day work week would not have been implemented with trials. To adopt this approach, companies had to weigh the risks and pitfalls, such as ensuring that the quality of their services would not be affected in such a case. They also wanted to keep their customers happy. For Atom Bank, for example, it was crucial to keep customer transactions such as payments over the phone unaffected.

The companies that trialled the four-day workweek approach had robust planning and creative problem-solving strategies. The adaptations included cross-training employees to take on different roles, and investing in time management software like Scoro to ensure effective delegation of tasks.

Misconceptions Surrounding the Four-Day WorkWeek

For many, a four-day workweek may instantly indicate lower productivity or a drop in service courage, since businesses will be available for fewer days. However, this is not always true. The companies that embrace this approach realise that the ultimate goal is to reduce working hours and increase productivity, rather than limiting the operational days of a business. It will take some extra effort in planning, but balancing between high-quality customer service and productivity is not an impossible task. These may even be enhanced despite operating for fewer hours.

The Difference Between Reduced Hours and Compressed Hours

The four-day workweek approach might cause a controversy in terms of working hours. It is noteworthy to differentiate here between reduced and compressed hours. Reduced hours mean working fewer hours in a week, while compressed hours mean keeping the same 40 hours of a traditional work week, and squeezing them into 4 working days.

The trials in the UK focused on reduced working hours while keeping salaries uncut. There was an attempt to prove that productivity is not a matter of long working hours. The shift also presents strong implications for companies on different business aspects, including handling operations such as card payments over the phone.

How to Implement a Four-Day WorkWeek

Moving to a four-day workweek should not happen haphazardly. It requires careful planning and choosing effective strategies to gain the rewards. To achieve it, you should follow some steps that will make your mission successful.

Steps to Introducing a Four-Day WorkWeek

  1. Strategies: to choose the right strategies, you should start by asking the right questions about the purpose of introducing the four-day workweek. Is it to boost productivity, enhance employee satisfaction, or attract top talent? Setting a purpose for your choice will help you shape your strategies.
  2. Planning: After setting the purpose, you need a well-set plan. Analysing your processes and operations, and deciding where you can introduce changes is necessary before you start. Shuffling around tasks and changing the way you delegate responsibilities allow you to maintain productivity and profitability.
  3. Engage Staff: Embracing a four-day workweek requires transparency and communication with staff. The changes introduced should be discussed with your team so that you can listen to their concerns and receive proper feedback. The change is big not only for you as a business owner but for your staff as well.
  4. Pilot Run: any new system cannot be introduced company-wide unless it is trialled and piloted. Select a department or a team for a pilot run. This trial period is essential for identifying potential roadblocks and gives you the chance to fine-tune the implementation plan.
  5. As you reach your goals in the pilot run, you can implement the changes across your company. You will surely face some resistance, but as long as healthy communication channels are open, you will be able to address these uprising issues.

Role of Planning and Strategy

Transitioning to a four-day workweek is not an easy step, and cannot be taken instantly. Many factors should be considered as you change the work week. Your business operations, your employees’ needs and the impact of change on clients or customers are issues that you should carefully plan to tackle as you introduce your new flexible work approach.

Using Project Management Software

If you feel overwhelmed during the transition period, you can resort to project management software. It is a valuable tool that helps you manage tasks and organise the team, making sure that everyone is on the same page. Asana or Trello are examples of software that allows you to organise your workflow, thus making the transition smoother.

Discussing Strengths and Weaknesses of the Strategy

Moving to a four-day workweek is a significant change. It has its pros and cons. While it can increase productivity, enhance employees’ morale, and attract top-tier talents, it may also bring challenges, like keeping customer service unaffected, especially in sectors where operations and transactions need to be kept running continuously, like in the banking sector.

A four-day workweek will be successful when you anticipate challenges and plan carefully to handle them. Only then will you be able to fully benefit from the change?

Conclusion

The four-day workweek is the new trend that is gradually replacing the traditional five-day week. Although it was a novel concept once, it is now a reality that is taking place in different businesses and industries in the UK. Amazon, which has not been fully committed, started offering positions with a four-day week schedule, showing that they believe it still can be beneficial.

Many companies that tried the four-day week, such as Hutch, Tyler Grange, and the Royal Society of Biology, proved that the approach can work and that it can increase employees’ happiness, productivity and resilience.

This new work structure looks promising since it solves crucial challenges that face companies like work-life balance, staff and top-talent turnover.so, it is evident that many companies are heading to adopt this approach.

If you are a business owner, you could also become part of the new trend. Embracing a four-day workweek is about changing the work culture that values quality over quantity. It creates a new culture where balance and well-being are priorities. The new pattern is the turning point that will enable your company to embark on its new journey towards a more engaged, productive and content workforce.

Trending

Related Stories

Most Read

Trending

If you enjoyed this article,
why not join our newsletter?

We promise only quality content, tailored to suit what our readers like to see!