Should Your Small Business Implement The Four-Day Workweek?Jan 13, 2023
In response to employees prioritizing flexibility and a better work/life balance, some companies have started offering their teams a four-day workweek. On the surface, this idea may seem counterintuitive - how can employees accomplish the same amount of work in four days as they would in five? However, some results from early adopters of the four-day workweek have been promising.
For example, some companies that have adopted a four-day workweek have reported increased productivity and employee satisfaction. According to a survey conducted in the UK, 88% of companies that tried out the shortened week last year said the new schedule worked well for their employees, operations, and customers.
This is likely due to the fact that employees are able to spend more time with their families, pursue hobbies, or take care of personal responsibilities on their days off. Additionally, employees are less likely to experience burnout when they have an extra day to relax and recharge.
While it's still early days and the four-day workweek is not an ideal solution for all companies, small businesses looking to improve employee productivity and satisfaction should consider trying it out.
Yes, taking longer shifts and having 10-hour work days may seem less practical or less cost beneficial. But don't let that stop you from pursuing something useful for your team that could reduce the turnover, improve engagement and consistency across operations, and give your employees more flexibility in their life week.
This system has many potential benefits, even for small businesses in the hospitality and retail sectors. If you want to learn more about how the model can be applied in the industry, tune in for the new episode of the podcast.
Today, Joey shares his views on the four-day workweek:
- Some of its potential benefits taking the example of a restaurant in Dubai implementing the model (find the original article in the additional sources)
- Its effects on talent attraction and retention.
- A few things small businesses should consider before implementing it.
In this episode's 'Consultant Corner,' Joey also discusses the top 3 HR tech tools that all small businesses should know about in 2023. You'll learn how to use HR technology to improve employee experience, streamline your processes, boost efficiency, and more!
Tune in to find out more!
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Host: Joey Price
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