Companies that have embraced the four-day workweek argue there has been no drop in productivity, staff are happier, and it’s easier to recruit. But it’s a perk that only a few employers are likely to offer.
March 17, 2021
What would your employees do if you suggested cutting their working hours down to just four normal length days, but said to them, “I’ll still pay you five”? Would they pinch themselves to check they weren’t dreaming?
This is what happened last April at Inventium.
The four-day week (FDW) was originally pioneered by Andrew Barnes from Perpetual Guardian in New Zealand. Barnes defined the FDW as 100% pay for 80% time at work, on the condition that 100% of agreed productivity is achieved.
In the last half of 2020, Inventium ran a six-month experiment where the team all worked four days per week and had Friday off. The experiment was a huge success and the FDW has become permanent at Inventium.