Bahama Times

Monday, Feb 26, 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

Bahama Times
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
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”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
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
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
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
Italian Court's Controversial Ruling on Sexual Harassment Ignites Uproar
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
BBC Personalities Rebuke Accusations Amidst Scandal Involving Teen Exploitation
A Swift Disappointment: Why Is Taylor Swift Bypassing Canada on Her Global Tour?
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
Unilever Plummets in a $2.5 Billion Free Fall, to begin with: A Reckoning for Misuse of Corporate Power Against National Interest
Beyond the Blame Game: The Need for Nuanced Perspectives on America's Complex Reality
Twitter Targets Meta: A Tangle of Trade Secrets and Copycat Culture
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
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
×