Press Releases
Working hours continue to fall for companies a year into their 4 day week
New research from non-profit, 4 Day Week Global, has found that companies’ average working hours continued to fall beyond the conclusion of their six-month 4 day week pilot program. A year after launching their trials, employees’ average work week dropped from a baseline of 38 hours to 32.97, down almost a full hour from the six-month mark.
4 Day Week Global named on TIME100 Most Influential Companies list
Fast-growing advocacy body 4 Day Week Global was today named as a TIME100 Most Influential Company. The organisation secured the coveted accolade by leading the global conversation about reduced work time, conducting research on the benefits, and facilitating thousands of companies from numerous sectors to make the permanent transition to reduced-hour, output-focused working with no loss of pay.
Government-backed 4 day week trial commences in Portugal
The government-funded pilot of the 4-day work week starts this week in Portugal. It includes 39 private-sector organisations, 27 starting a 4 day week on the 5th June and 12 which have initiated it earlier. The aim of this project is to measure the impact of reduced work time on the physical and mental health of workers, as well as the economic and functional impact on organisations.
Participants have committed to reducing weekly hours while maintaining full pay. Companies volunteered for the program without financial compensation and can reverse the measure at any moment, should they choose. Recruitment was open to all private sector firms in Portugal and the government is providing technical services, in partnership with 4 Day Week Global, to support the transition.
Huge success for Australasian 4 day week pilot, new research reveals
Results of an Australasian pilot programme, run by non-profit 4 Day Week Global, reveal the vast majority of companies prefer working a 4 day week where they get 100% of the pay, for 80% of the time, in exchange for 100% of the output. The six-month trial of a 4 day week, which 26 organisations embarked on last August, found that 95% of organisations favour the reduced schedule.
20 companies to switch to a 4 day work week across Australia and New Zealand
Ahead of this week’s federal election, described by one major news outlet as the “don’t-talk-about-climate-change election”, 20 companies in Australia and New Zealand are taking matters into their own hands by embarking on a climate-friendly four-day week.