July 27, 2018

Four day work week experiment works in New Zealand

NY Times - A New Zealand firm that let its employees work four days a week while being paid for five says the experiment was so successful that it hoped to make the change permanent.

The firm, Perpetual Guardian, which manages trusts, wills and estates, found the change actually boosted productivity among its 240 employees, who said they spent more time with their families, exercising, cooking, and working in their gardens.

Jarrod Haar, a human resources professor at Auckland University of Technology, said employees reported a 24 percent improvement in work-life balance, and came back to work energized after their days off.

.... Similar experiments in other countries have tested the concept of reducing work hours as a way of improving individual productivity. In Sweden, a trial in the city of Gothenburg mandated a six-hour day, and officials found employees completed the same amount of work or even more. But when France mandated a 35-hour workweek in 2000, businesses complained of reduced competitiveness and increased hiring costs.

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