Get All Access for $5/mo

This company switched to a 4 day work week and their business has been doing better The move was taken to prevent employees from quitting en masse, and it has paid off.

By Entrepreneur Staff

This article was translated from our Spanish edition.

Shutterstock

"Dramatically happier" workers, an increase in revenue and "outstanding" customer satisfaction scores are the result of reducing the workday to four days a week. This has been verified for more than six months by the non-profit educational organization Healthwise , based in Boise, United States.

After suffering a mass resignation that was part of the "Great Quit" phenomenon that emerged amid the pandemic, Healthwise consulted labor economist Juliet Schor , who has studied the nature of work since the 1990s. 1980 to establish a four-day weekday rehearsal for its employees in August 2021.

And since then, Heathwise CEO Adam Husney has had no regrets, as workers are now more productive than ever with this new system, where employees are paid for five days of work, but only show up for four. However, Husney did not change the amount of work that needed to be done in a week, leading employees to maximize fewer hours of work .

" Healthwise employees are spending their Fridays off doing family activities like sports or errands," Schor said at the TED2022 conference in Vancouver, Canada, on Tuesday. "A mother of young children reported that she can now occasionally get a guilt-free pedicure."

Healthwise is one of a growing number of companies that are encouraging employees to work fewer hours to retain workers.

The devastating toll of the Covid-19 pandemic on the country has prompted many workers to reconsider whether their jobs are serving them, leading to mass resignations, according to organizational psychologist Anthony Klotz, who coined the trend the "Great Resignation." .

As part of the unexpected social movement, more than 38 million workers quit their jobs during 2021 in the United States, and the trend shows no signs of slowing down, as nearly a record 4.4 million Americans quit their jobs in February.

Schor said research indicates that shorter workweeks can reduce mental stress while improving job satisfaction and productivity.

On the other side of the world, European countries with shorter average working days, such as France and Germany, have higher productivity than countries with longer working weeks, such as the UK and Italy. Iceland has already trialled four-day workweeks and 85% of the population is currently working fewer hours or on track to do so.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

She Tracked Her Missing Luggage With an Apple Device — Straight to an Airport Employee's Home

Paola Garcia flew into Terminal 4 at Fort Lauderdale-Hollywood International Airport last month when she noticed her luggage never made it to the carousel — then her Apple Watch started pinging.

Growing a Business

3 Non-Financial Factors That Could Impact Your Business' Value

For healthy companies that want to maximize their value, the qualitative indicators can be bundled into three main categories.