In the United States, the 40-hour workweek is considered the gold standard. It’s practically the definition of full-time, and many companies have relied on the classic 8-to-5, five days a week schedule for so long. The idea of doing it any other way seems outlandish.
However, that doesn’t mean the five-day workweek should be the standard. In fact, shifting to a four-day workweek, including one that potentially reduces an employee’s hours without impacting their pay, could be a better move. If you’re wondering whether a four-day workweek could be just what your company needs. Here’s why you should consider it.
While it may seem counterintuitive. Productivity can actually rise if you shift to a four-day workweek. Companies that have transitioned successfully make it clear to employees that they can work fewer hours as long as productivity requirements are met. This causes the schedule reduction to serve, in a way, as a reward. In turn, they are encouraged to focus during their time in the workplace and ensure they meet the standards.
Along with general productivity gains, the quality of any outputs may also increase with a four-day workweek. A reduced schedule without a loss in pay can be a serious motivator for most employees, causing them to give their tasks that extra bit of attention. In many cases, workers shift from only meeting expectations to exceeding them simply because they don’t want to lose access to a four-day workweek.
Achieving work-life balance is challenging for most. With a four-day workweek, however, it can be substantially easier. Employees will have three days each week away from the workplace to handle personal tasks, including at least one weekday. This can make handling activities like doctor’s appointments, trips to the bank, or other responsibilities involving companies that are only open during traditional business hours easier to manage, increasing overall morale.
Recruitment and Retention Boosts
A shortened workweek is often a highly desirable work arrangement. As a result, offering a four-day workweek can position your company as an employer of choice. When that occurs, recruitment may be easier, as more professionals will apply to your open positions. Additionally, turnover may reduce, as fewer employees will seek out opportunities elsewhere since most companies don’t make shortened workweeks an option.
In some cases, a four-day workweek can save a company money. With fewer employees on-site each day, you may be able to spend less on utilities, downsize your space, and reduce the amount of equipment you need available. Even if the individual savings is small, it can add up quickly, having a significant impact on your bottom line over time.
Ultimately, a four-day workweek can be a smart option for a range of businesses. If you’d like to learn more about how you can implement the arrangement successfully, the staff at GSG Talent Solutions wants to hear from you. Contact us to speak with one of our knowledgeable team members today.