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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 advised us they’d be prepared to give up to get it. This statistic ought to make employers sit up and take discover, significantly in gentle of accelerating employees turnover charges.

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

Gen Z respondents have 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 stated 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 presently within the workforce, are the almost definitely to oppose switching careers for a four-day work week.

Nearly a 3rd stated {that a} four-day work week was unlikely or impossible 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 possible are you to actively search out a job with an organization that gives a four-day work week?

Possible or very possible Not going or impossible
Gen Z % 58% 19%
Millennials % 53% 15%
Gen X % 54% 19%
Boomers % 45% 31%

Declining urge for food for a four-day working week, reducing 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 need 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 fearful in regards to the potential for a four-day week to result in a diminished construction of working hours, indicating that they’re extra open to versatile methods of working.

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

Gen Z % Millennials % Gen X % Boomers %
Lowered stress and burnout 16% 6% 3% 9%
Lowered commuting time and bills 21% 21% 19% 20%
Elevated productiveness and creativity 7% 2% 3% 2%
Elevated work-life steadiness 19% 26% 34% 33%
Baby care / and or grownup care 9% 13% 8% 2%
Extra time for charity or group 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 earnings 5% 3% 3% 4%
Increased job satisfaction 0% 3% 2% 4%
Contribution to sustainability 0% 2% 4% 2%

Gen Z respondents have been the almost definitely to need a four-day work week for monetary causes. Some 26% stated they want a shortened work week as a option to scale back commuting bills, or to find time for a secondary supply of earnings.

This youngest age bracket was additionally greater than twice as prone to fear about doubtlessly spending more cash if a four-day week have been to be launched, in comparison with Boomers. Earlier this yr, we reported that at present’s UK graduates count on round £5,000 greater than the everyday beginning wage supplied by employers.

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

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

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