7 inspirational examples of companies with a four-day week (and what you possibly can be taught from them)
Some employers are forward of the sport. Listed here are seven firms which have been working a four-day week since pre-2023, and what they’ve discovered from the expertise.
1. Atom Financial institution
In November 2021, the app-based lender grew to become the UK’s largest employer to trial a four-day week. Testing full, Atom Financial institution reported a 49% improve in purposes for roles on the financial institution, and a 13% improve in worker engagement year-on-year. The financial institution’s 424 workers have since moved to working 34 hours for a similar pay.
Anne-Marie Lister, Chief Folks Officer at Atom financial institution, stated: “We’re a progressive financial institution and a progressive employer. Our expertise in planning for and shifting to a four-day week has proven that it’s attainable for companies to do that and convey big advantages to their individuals.”
Startups-100 agency, Earthly is a inexperienced expertise platform that helps companies take away no less than one billion of carbon via nature by 2030. The corporate’s tradition is equally forward-thinking, with its worker base working 32 hours per week with no lack of pay.
The perk has not been given in isolation, nonetheless. On high of this, each workers member is absolutely distant on the firm and may select to work versatile hours between 7am and 8pm.
Earthly additionally provides beneficiant maternal and paternal go away – two standard advantages and perks which can be in excessive demand amongst working mother and father.
3. JMK Solicitors
JMK Solicitors is without doubt one of the first employers in Northern Eire to decide to and implement a four-day week for all workers, with no discount in pay. Since January 2020, all JMK workers have had their work hours diminished from 37.5 hours to 30 hours with no lack of pay.
Michelle Murphy, HR and Operations Supervisor at JMK Solicitors revealed that the shift had made the corporate extra resilient to disruption attributable to the pandemic, stating it “ready our individuals for the tsunami of fast developments that the COVID disaster led to.”
4. London Landmark Lodge
5 star resort, The London Landmark is without doubt one of the few hospitality corporations that caters for a four-day week. Final January, govt head chef Gary Klaner unveiled the plans as a part of a method to enhance total work-life stability for its cooks.
For F&B companies on the lookout for inspiration, a wise recruitment technique seems to have performed an enormous function within the Landmark’s four-day success. In a press launch, the resort clarified that productiveness was “maintained via a recruitment drive in January and February, which elevated the variety of kitchen workers that the resort employs.”
As an end-to-end work administration software program, it is solely becoming that Scoro has made managing work-life stability equally easy for its 140 workers.
In July 2022, after discovering how ‘unproductive’ Fridays had been on the firm (all system utilization of Scoro’s platform goes down by 23% on the finish of the week) each workforce member started working a 32-hour, four-day week. Crucially, with no drop in wage.
Founder and CEO, Fred Krieger thinks collaboration software program has proved essential to this success. “So long as firms take into account their processes, and use the precise expertise, transitioning isn’t solely attainable – however doubtlessly the perfect choice an organization could make.”
Sensat describes itself as an information firm that helps corporations to ‘make smarter selections’. The profitable implementation of a four-day week proves it’s greater than certified to advise.
Since March 2022, workers on the drone expertise startup (which was additionally runner-up in our checklist of the high 100 startups for 2023) have loved a 32 hour week on a full wage. It’s additionally had a massively optimistic affect on organisational tradition.
Sensat cofounder, James Dean, advised us: “By hybrid working, working a 4-day week, and having versatile hours, amongst different initiatives, we see our individuals naturally adapting the way in which they work to swimsuit how they’ll finest create worth on daily basis.”
7. Thryve Expertise
As one of many fastest-growing world recruitment firms, we’d count on Thryve to be forward of the sport for versatile working.
Workers at Thryve work 8 hours every day with no discount in pay and no improve within the hours labored on these days. Regardless of working immediately with shoppers, Thryve states that it has consulted with quite a few four-day week specialists to work out the perfect operational method.
Clearly, it’s working. The corporate is at present hiring for brand new roles, and it’s been licensed Gold by 4 Day Week, a marketing campaign group for versatile working.
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