A four-day work week will be made permanent at a New Zealand company after a trial was so successful it found there was ‘no downside’. Staff reported better productivity, a better work-life balance and lower stress levels after working four eight-hour days a week for two months.
The trial at Perpetual Guardian – a financial services firm that manages trusts, wills and estates – involved almost 250 employees across 16 offices.
Staff reported a better work/life balance, having more energy and improved mental health (Picture: Getty)
They worked four days equalling 32 working hours instead of 40 across the week – but were still paid for five days.
Founder of the Auckland-based company, Andrew Barnes, said there was ‘no downside’ to the new system and that staff reported reaping the benefits of extra downtime.