TechDigits

Tech news
Saturday, Apr 20, 2024

It's the question on everyone's lips: could a four-day workweek be the future of employment?

With many companies experimenting with the idea, the Wall Street Journal decided to ask the people who matter most - the workers themselves. And the results were mixed.
The Wall Street Journal explored the idea of a four-day workweek, with many companies and employees trying out the shortened schedule.

Some found it beneficial for productivity and work-life balance, while others found it difficult to manage their workload and preferred a traditional five-day schedule.

Some companies have found alternative solutions, such as adopting a seven-hour workday or "Flex Fridays," which have improved productivity and retention rates.

While some employees, such as those in consumer-facing roles, found it difficult to manage their workloads on a shortened schedule, others found the benefits to be undeniable.

Mike Groves, CEO of Federal Lock & Safe, implemented a seven-hour workday for his non-customer-facing teams, and productivity and retention rates both improved.

For Chet Guardino, the CEO of Lexon Medical Management, productivity increased across the board when they trialed a four-and-a-half-day workweek, with insurance claims processed per person increasing when employees were given Friday afternoons off.

Brian McNaboe, an adviser at Harvard Business School, also found that productivity could be maintained with a shorter workweek.

In his previous role as CTO at Volt Athletics, "Flex Fridays" became so successful that they decided to make it permanent.

However, some workers prefer the traditional five-day workweek.

Sean Collier, a regional government hydrologist, has worked a four-day, 10-hour schedule for the past 15 years but says he would prefer to work five eight-hour days.

And for some CEOs, hours worked remain the best proxy for productivity.

Roy Eriksson, president and CEO of Eriksson Technologies and Eriksson Software, says that while measuring value by output makes sense, it's hard to get away from measuring work in hours.

So, what's the verdict? As with many things in life, there's no one-size-fits-all solution.

But it's clear that employers who are willing to experiment with alternative schedules are finding success, with productivity and retention rates on the rise.

Could the future of work be a shorter workweek?

The debate between hours worked versus output as a measure of productivity also continues, with some arguing that time is a poor way of measuring value and output should be the only metric that matters.


Please read the full article at the Wall Street Journal here
Newsletter

Related Articles

TechDigits
0:00
0:00
Close
FTX's Bankman-Fried headed for jail after judge revokes bail
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Musk announces Twitter name and logo change to X.com
The future of sports
TikTok Takes On Spotify And Apple, Launches Own Music Service
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
UK Crypto and Stablecoin Regulations Become Law as Royal Assent is Granted
A Delaware city wants to let businesses vote in its elections
Alef Aeronautics Achieves Historic Milestone with Flight Certification for World's First Flying Car
Google Blocked Access to Canadian News in Response to New Legislation
French Politicians Advocate for Pan-European Regulation on Social Media Influencers
Melinda French Gates Advocates for Increased Female Representation in AI to Prevent Bias
Snapchat+ gains 4 million paying subscribers in its first year
Apple Makes History as the First Public Company Valued at $3 Trillion
Elon Musk Implements Twitter Limits to Tackle Data Scraping, but Faces Criticism for Technical Misunderstanding
EU and UK's Slow Electric Vehicle Adoption Raises Questions About the Transition to Green Mobility
Top Companies Express Concerns Over Europe's Proposed AI Law, Citing Competitiveness and Investment Risks
Meta Unveils Insights on AI Usage in Facebook and Instagram, Amid Growing Calls for Transparency
Crypto Scams Against Seniors Soar by 78% in 2022, Experts Urge Vigilance
The End of an Era: National Geographic Dismisses Last of Its Staff Writers
Shield Your Wallet: The Perils of Wireless Credit Card Theft
Harvard Scientist Who Studies Honesty Accused Of Data Fraud, Put On Leave
Putting an End to the Subscription Snare: The Battle Against Unwitting Commitments
The Legal Perils of AI: Lawyer Faces Sanctions for Relying on Fictional Cases Generated by Chatbot
ChatGPT’s "Grandma Exploit": Ingenious Hack Exposes Loophole in AI, Generates Free Software Codes
The Disney Downturn: A Near Billion-Dollar Box Office Blow for the House of Mouse
A Digital Showdown: Canada Challenges Tech Giants with The Online News Act, Meta Strikes Back
Distress in the Depths: Submersible and Passengers Missing in Titanic Wreckage Expedition
Mark Zuckerberg stealing another idea: Twitter
European Union's AI Regulations Risk Self-Sabotage, Cautions smart and brave Venture Capitalist Joe Lonsdale
Nvidia GPUs are so hard to get that rich venture capitalists are buying them for the startups they invest in
Chinese car exports surge
Reddit Blackout: Thousands of Communities Protest "Ludicrous" Pricing Changes
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
AI ‘extinction’ should be same priority as nuclear war – experts
×