FUTURE TALENT March-May 2019 | Page 55

O ON TOPIC involved all staff working four days a week,” she says. “Everyone had Friday off.” She reports that “at the end of the first year, revenues were up 57%, new clients had increased by 100%, client referrals by 50%, staff absence and sick days were down 75% and, even better, productivity, as a measure of overall profitability, saw no dip at all”. Similar findings were noted by the 250-strong New Zealand- based financial services firm Perpetual Guardian, which made a four-day week permanent this year, after academics who studied their initial trial identified lower stress levels, increased job satisfaction and an improved sense of work-life balance. Employee engagement rose by 40% and overall productivity by 20%. While these examples sound promising, most trials of four-day working weeks have been with relatively small companies. Could it translate to larger organisations? Caroline Roberts, head of people and talent at Visit Britain has her doubts. “In niche organisations, I can see how you could make this work,” she admits. “But in more traditional businesses, you’ve got a whole array of leadership that would be really against it. If I think of the struggle I have with some line managers even when I’m just talking about flexible working – a move to a four-day week would be very difficult.” She argues that a more practical option might be to offer a four-day week as an option for any employee who wants it. As she explains, “a really experienced, high-performing staff member working four days a week could certainly deliver a lot more than someone else over five days.” However, she warns of potential unfairness in arrangements such as these: “A former colleague asked to reduce his hours to a nine-day fortnight, and his line manager said ‘I’m delighted, because I know I will get a full How to implement a four-day week Tash Walker, CEO of market research agency The Mix, provides first-hand advice on introducing a four-day week: Beta-test it: We trialled the four-day week for three months without telling clients or other stakeholders, to experiment with different ways of working. Discuss it: A four-day week throws up questions about how you work together; not everyone will be comfortable with it. Address potential stress points before they arise. whole team to make it work, so allow members to come up with the most effective ways of working. to ascertain the effects. For us, it was a massive green light, but be prepared to adjust or tinker with the details. Plan it: Review it: You can’t just do five days’ work in four; instead work out ways of being more efficient. It needs the Our three- month beta test gave us a chance to see how things were going. We spoke to clients and staff Tell people about it: We’ve shifted to a knowledge economy but retained the working hours and practices of a former industrial age Once we’d built confidence through our three-month test, we started telling all our clients. As a service business, we can only work in this way if we are supported by customers, so it was just as important to get them on board; to date, they have been really supportive. At times when we send the odd email on a Friday they call us out on it! week’s work out of you and I’ll just pay you less’. I think many people would be worried that they would end up doing five-days’ worth of work in four.” It’s a concern that Walker also recognised, which is why she made it explicit that staff were not expected to be seen working on a Friday or after office hours. While Roberts isn’t alone in her concerns around the feasibility of introducing a four- day week in large organisations, there are plenty who question its desirability. ‘Hustle culture’, #riseandgrind and humble bragging about being busy are common workplace tropes, with influential advocates. Technology entrepreneur Elon Musk recently tweeted that “nobody ever changed the world on 40 hours a week”. He also pointed out that if you love what you do, it doesn’t feel that arduous to do more of it. March – May 2019 // 55