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British firms begin world’s biggest four-day challenge in a week – with no loss of pay | business news

four day week with no loss of payment is tested on dozens of companies across the UK from today.

Firms from different of Industries are taking part, including banking, hospitality, nursing, and even animation studios.

They will still be give their employees 100% of their pay, on understanding they support maximum performance.

It is positioned as the largest pilot project with a four-day week. place anywhere in in the world organizers work together with university researchers who will measure the impact on productivity and well-being of employees.

They will also look at how it affects environment and gender equality.

Juliet Shore, professor of sociology at Boston College and lead Researcher on pilot, said: “A four-day week is generally considered a triple dividend policy Helping employees, companies and the climate.

“Our research efforts will dig into all of this is.”

The other participating universities are Cambridge and Oxford, and the organizers are 4 Day Week Global, in partnership with analytical center “Autonomy” and the “Four-day week in the UK” campaign.

Joe O’Connor, Executive Director of 4 Day Week Global said the UK is on the ‘crest of wave of global pulse behind four-day week, as people used to being away office during a pandemic.

Speak of four-day week in However, the UK predates COVID. with Labor that has promised to bring him ten years later, Jeremy Corbyn headed party win in 2019 general elections.

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One of companies participating in judgment that lasts six months and includes more more than 3,000 employees, this is a Charity Bank.

CEO Ed Siegel said that move by the four-day week “seems natural next step”after the pandemic.

“20th -century concept of no more five day work week best fit for 21st-century business,” he said.

“We firmly believe that the four-day work week with no change in wages or benefits will create a happier workforce and have the same positive impact on business performance, client experience and our social mission.”

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Adrian Ovalle
Adrian Ovalle
Adrian is working as the Editor at World Weekly News. He tries to provide our readers with the fastest news from all around the world before anywhere else.

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