Intelligent CXO Issue 17 - Page 71

FINAL WORD
six months and was being organised by 4 Day Week Global in partnership with Autonomy , the 4 Day Week UK Campaign and researchers at Cambridge University , Oxford University and Boston College .
From a local chippy to large corporates , companies in the UK pilot provide products and services ranging from education to workplace consultancy ; banking ; care ; financial services ; IT software training ; professional development and legal training ; housing ; automotive supply services ; online retail ; sustainable homecare ; skincare ; telcoms ; animation studios ; building and construction recruitment services ; food and beverage and hospitality ; digital marketing ; and comprehensive case management services for people recovering from traumatic injury .
Researchers will work with each participating organisation to measure the impact on productivity in the business and the well-being of its workers , as well as the impact on the environment and gender equality .
“ The UK is at the crest of a wave of global momentum behind the four-day week ,” said Joe O Connor , CEO of 4 Day Week Global . “ As we emerge from the pandemic , more and more companies are recognising that the new frontier for competition is quality of life and that reduced-hour , outputfocused working is the vehicle to give them a competitive edge . The impact of ‘ The Great Resignation ' is now proving that workers from a diverse range of industries can produce better outcomes while working shorter and smarter .”
Intelligent CXO asked two experts for their insights , concerning the four-day workweek , they offer their opinions below . . .
Ramkumar Chandrasekaran – HR Director TCS UK & Ireland

Over 70 UK companies and over 3,300 workers have begun a four-day week with no loss of pay in one of the biggest ever four-day week pilots to take place anywhere in the world so far .

Participating organisations are trialling a fourday week with no loss of pay for employees , based on the principle of the 100:80:100 model – 100 % of the pay , for 80 % of the time , in exchange for a commitment to maintain at least 100 % productivity . The pilot is running for
The four-day workweek is making many organisations think about the move away from traditional , rigid working patterns in favour of a more flexible approach . We fully support organisations that test out innovative ways of working , as it can help to motivate staff by improving their well-being – a key aspect of building a truly sustainable workforce .
At the onset of the pandemic , organisations had to jump to accelerate their Digital Transformation and agile working practices . Now , these new IT purchases and HR policies need to support the changed working environment by
Ramkumar Chandrasekaran – HR Director TCS UK & Ireland
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