August 22, 2019

Get Ready for the Four-Day Work Week

“A few years ago, Amy Balliett, CEO of a Seattle-based design and marketing firm, noticed that as the work week slogged on, her employees’ energy and productivity wilted.

“That would slump to such an extent that the same task on Monday would take double the time by Friday,” says Balliet, CEO of Killer Visual Strategies.

So she decided to squeeze the work week into four 10-hour days, with her 30 employees taking off either Friday or Monday. Now, she says, “Our team has more energy throughout the week since they have three days to recharge instead of just two.” And with less time to complete tasks, “They’re far more efficient and focused,” producing 25% more with the same-size staff.

The perk also has bolstered recruitment, cutting in half the time it takes to fill vacancies despite a 3.7% unemployment rate that has spawned the tightest labor market in half a century.

A small but growing number of U.S. businesses are adopting a four-day workweek to boost productivity and morale, and provide a competitive edge in the scramble for employees. While some scrunch the standard 40 hours into four days, others simply shed a day and require four eight-hour days, typically with no cut in pay.”

Read more

JJ Editor's Picks

"The United States and Russia are entering a new arms race, and the costs aren’t just monetary. On August 8, Russian civilians around the remote village of Nyonoksa found themselves downwind of a military nuclear propulsion experiment gone wrong..."

"I don't know about you, but for me "Having more people run for president and effectively doubling the number of primary contests" is not up there with "Michigan beating Notre Dame in the playoffs" and "A new deluxe edition of Barbara Bush's..."

"A growing body of research suggests that, rather than posing a threat to individual wellbeing, adopting a more sustainable lifestyle represents a pathway to a more satisfied life. Numerous studies have found that people who purchase green..."

"What should a parent do when a 2-year-old shrieks inconsolably because her string cheese wrapper tore “the wrong way”? Increasingly, the answer is “snap a photo, add a snarky caption and upload it to Instagram.” Publicly laughing at your..."

"The yield curve’s inverted! The yield curve’s inverted! That was the news I awoke to last Wednesday on CNBC as the 10 year Treasury note yield dipped below the 2 year yield for the first time since 2007. That’s the sign everyone has been waiting..."

"Even a casual observer of the entertainment industry knows that Hollywood is hooked on established intellectual property at the expense of original ideas and awash in more money than it knows how to sensibly spend. But three stories about the..."

"One of the formative texts of the Safed myth, which first portrayed the town as a unique place and which was responsible for spreading word of it all around the Jewish world, is the four letters that Rabbi Solomon Shlumil of Dreznitz sent, in..."

"There are lots of reasons to patent something. The most obvious one is that you’ve come up with a brilliant invention, and you want to protect your idea so that nobody can steal it from you. But that’s just the tip of the patent strategy iceberg..."