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4-Day Week Statistics 2023: UK Survey Outcomes

4-Day Week Statistics 2023: UK Survey Outcomes 

Staff from all ages group would give up their jobs for a four-day work week – besides boomers

With the four-day week gaining momentum amongst employees, the bulk (52%) of respondents instructed us they’d be prepared to give up to get it. This statistic ought to make employers sit up and take discover, notably in mild of accelerating employees turnover charges.

Enterprise struggles to entry expertise have been heightened by right now’s fast-moving jobs panorama, as candidates name the pictures and demand larger alternative over when and the place their work is carried out.

Gen Z respondents had been almost definitely to hunt out a job with a brand new firm if it might enable them to work a four-day week.

58% of individuals on this age group mentioned they’d actively seek for a brand new function with one other employer providing a four-day week, in comparison with a mean of fifty% throughout all different age teams.

Boomers, the oldest technology at present within the workforce, are the almost definitely to oppose switching careers for a four-day work week.

Nearly a 3rd mentioned {that a} four-day work week was unlikely or most unlikely to steer them to search for a brand new function. That is significantly decrease than Gen Z (19%), Millennial (15%), and Gen X (19%) respondents.

These findings are mirrored in a ballot by family money-saving instrument, which revealed an enormous generational hole in attitudes in the direction of worker advantages and perks. Some 71% of Gen Zers contemplate non-salary advantages to be vital, in comparison with 36% of 55-64s.

🔎 How probably are you to actively hunt down a job with an organization that gives a four-day work week?

Possible or very probably Unlikely or most unlikely
Gen Z % 58% 19%
Millennials % 53% 15%
Gen X % 54% 19%
Boomers % 45% 31%

Declining urge for food for a four-day working week, lowering the older an individual will get, is a powerful indication of a change within the tide in the direction of a versatile working mannequin.

The shift is most excessive amongst 18 to 34-year-olds, who now not desire a conventional nine-to-five job. Gen Z workers, who joined the workforce simply in time for the post-COVID period of distant/hybrid working, have been faster to embrace versatile working than older colleagues.

As proof, this group was additionally the least apprehensive in regards to the potential for a four-day week to result in a decreased construction of working hours, indicating that they’re extra open to versatile methods of working.

🔎 What can be your principal motive to opt-in to a four-day work week?

Gen Z % Millennials % Gen X % Boomers %
Decreased stress and burnout 16% 6% 3% 9%
Decreased commuting time and bills 21% 21% 19% 20%
Elevated productiveness and creativity 7% 2% 3% 2%
Elevated work-life stability 19% 26% 34% 33%
Little one care / and or grownup care 9% 13% 8% 2%
Extra time for charity or neighborhood work 5% 0% 0% 0%
Extra time for private pursuits and hobbies 16% 17% 21% 21%
Extra management of working hours 2% 9% 3% 3%
Secondary supply of revenue 5% 3% 3% 4%
Greater job satisfaction 0% 3% 2% 4%
Contribution to sustainability 0% 2% 4% 2%

Gen Z respondents had been the almost definitely to desire a four-day work week for monetary causes. Some 26% mentioned they want a shortened work week as a method to cut back commuting bills, or to find time for a secondary supply of revenue.

This youngest age bracket was additionally greater than twice as prone to fear about probably spending extra money if a four-day week had been to be launched, in comparison with Boomers. Earlier this 12 months, we reported that right now’s UK graduates anticipate round £5,000 greater than the standard beginning wage supplied by employers.

Matt Reed is a Gen Z worker who’s at present dwelling in London. Reed says he has taken a facet gig to complement his full-time job as a author as a result of present financial difficulties.

“I’ve discovered some freelance alternatives outdoors my common working hours,” he stories.  “My present wage doesn’t go far for somebody dwelling in London so it has helped throughout these price of dwelling will increase. Most notably, with rising meals costs.”

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