In February 2023, researchers made global headlines when they announced that their four-day workweek experiment had been a success. Over six months, they had asked about 30 companies that collectively employed 1,000 people to give their teams an extra day off. Some opted to extend the weekend or had people take a day in the middle of the week off, while others opted to create a flexible schedule to accommodate client needs. But what they all had in common was a reduction in the number of hours employees had to work—without an associated reduction in pay.
These companies were basically giving their employees a collective raise was not surprised that 91 per cent of companies reported overall productivity increases, increased employee well-being, reductions in turnover and an ability to attract better quality employees.
