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4-Day Workweek (Without a Pay Cut) an Overwhelming Success in Iceland, Researchers Say People 6 hrs ago © Provided by People Getty Images
Keeping the same pay while working fewer hours sounds like a dream too good to be true, but researchers in Iceland are making the case it could benefit workers and have no ill effects on productivity for businesses.
From 2015 to 2019, roughly 2,500 workers in Iceland participated in two trials that cut their 40-hour workweek to four days, without their pay being lowered. The results jointly released on July 4 by Iceland s Association for Sustainability and Democracy (Alda) and the U.K.-based think tank, Autonomy found that workers wellbeing dramatically increased, improving their perceived stress and burnout and health and work-life balance.