Four-day week? These firms say they’ve nailed the new working model and profits are good


When Alice Will and her group at Edinburgh-based meals and drink advertising company Lux determined to trial a four-day working week again in January 2020, they selected to not inform purchasers as a manner of testing its effectiveness.

“If our purchasers do not discover, then that is an enormous measure of whether or not it is working … none of our purchasers did, which was nice,” the co-founder instructed CNBC in a latest video interview.

That was certainly one of the key efficiency indicators Lux used to measure the success of its trial, along with productiveness. To sustain with consumer workloads, Lux applied an alternate shift sample with some individuals working Monday to Thursday, whereas different workers labored Tuesday to Friday.

The company made the four-day week a everlasting characteristic, writing it into worker contracts, from January 2022.

Since the company first began the trial, Lux’s profits have risen 30%, whereas productiveness is up 24%. Lux used time-tracking software program to measure productiveness, discovering that regardless of workers working fewer hours, the firm was truly making extra revenue.

For Will, transferring to a four-day week has demonstrated that “it is not about what number of hours you place in … it is about specializing in outputs.”

‘Massive distinction’

The idea of a four-day working week was thought of fairly radical just some years in the past. However, in the wake of the Covid-19 pandemic, demand for this working model seems to have picked up.

What’s extra, there’s clearly a historic precedent for this type of revolutionary change to working hours, as Alex Soojung-Kim Pang, who wrote a ebook on productiveness and shorter working hours (“Shorter: Work Better, Smarter and Less – Here’s How”), identified in a report printed in January.

In as early as 1922, the Ford Motor Company experimented with lowering the working week to 5 from six days, and it turned everlasting coverage 4 years later in 1926. 

And whereas it is nonetheless solely simply taking off, the four-day working week has already seen success in trials. Iceland’s long-running trial of shorter working hours between 2015 and 2019 was hailed as an “overwhelming success.” The nation rolled out a everlasting plan for its public sector workers in 2021, and one report in the identical 12 months discovered 86% of Iceland’s working inhabitants both work shorter weeks or could have the proper to.

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Big-name firms have additionally carried out smaller four-day week trials, with client items large Unilever testing it out in New Zealand, and Microsoft attempting it in Japan.

It was studying about one such four-day week success story that satisfied Dean Tempest and his co-founders at London-based board video games creator Big Potato Games to strive it out with their very own firm. Big Potato has seen gross sales enhance 350% because it began trialing a four-day working week in 2019, writing it into contracts the following 12 months.

However, Tempest famous that workers perceive that there’s some flexibility wanted for sure roles inside the firm. For occasion, Big Potato’s customer support group work on contract hours, fairly than a four-day working week. Tempest mentioned Big Potato wanted to make sure its clients at all times have entry to that group, “in order that’s simply by no means going to work with a four-day week.”

In addition, Tempest mentioned that there is an “unwritten understanding” amongst all of Big Potato’s employees that they could must typically work on a Friday if there is a deadline, occasion or picture shoot, however added that the day off does are inclined to degree out over the 12 months.

And getting a 3rd day without work every week has unsurprisingly been successful with Big Potato workers. Account supervisor Hannah Cornish mentioned a four-day week has made a “huge distinction” to have an additional day to do chores so she will get pleasure from the remainder of her weekend.

Neither LUX, nor Big Potato Games lower workers’ pay with the swap to a shorter working week.

Reducing carbon emissions and burnout

The environmental profit of individuals commuting much less is one other argument for a four-day working week. A report printed in May 2021, by the 4 Day Week marketing campaign alongside the environmental and social justice collective Platform London, discovered that shifting to a four-day week by 2025 might slash the U.Okay.’s annual carbon footprint by 127 metric tons. That’s the equal of 27 million vehicles off the street, which is the successfully the identical as the U.Okay.’s whole fleet of personal vehicles.

So, it appeared like a becoming model for sustainable occasions enterprise Legacy Events. The Oxford-based firm has operated on four-day week since 2018, along with an organization rebrand. And with the occasion trade’s points with burnout, Legacy Events founder Abena Fairweather mentioned she needed to make sure an actual work-life stability was embedded inside her firm’s tradition.

“You want to provide individuals nearly as a lot leisure time as they’ve at work,” she mentioned.

At the identical time, Fairweather has struggled to get workers to take holidays.

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“They do not feel they should take two or three weeks away from work to go and recharge, however all of us want longer instances away from work,” she mentioned.

Her feedback underline {that a} change in mindset should be wanted in the office, even amongst these workers who are in a position to get pleasure from this elevated flexibility. But it appears as if, for the most half, the advantages have outweighed the prices for these firms.

Libby Hughes, an account director at Legacy Events, mentioned a three-day weekend has given her extra time to volunteer and go to associates and household.

“It’s beautiful to have that additional day to simply go and go to my associates and household, but additionally wind down mentally, and I really feel actually refreshed by the Tuesday and able to go,” she mentioned.

Legacy Events can also be paying workers the equal of what they’d earn in the sector in the event that they had been working a five-day week.

‘Game changer’



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