Talk of the four-day work week has been swirling around for the past decade, but most companies have not jumped on board to the idea.
Employees always love a three-day weekend, but having one every week sounds too good to be true, is it?
The employee benefits for a four-day work week can be seen easily. Salaried individuals who do not receive overtime pay make the same under this schedule, but only come into the office four out of five week days. They are more likely to flourish at work and at home, according to studies, which benefits the employee while also increasing productivity for the company, according to Talent Economy, by ChiefLearningOfficer.com.
“Workers motivated by the prospect of an extra day off are more likely to forgo typical workplace distraction or time wasted in favor of more focused work. Here’s a look at the pros and cons of the practice,” states Talent Economy, by ChiefLearningOfficer.com.
There are downsides however, which prevent the majority of companies from participating in the trend. Employers say Paid Time Off (PTO) is more difficult to calculate and deciding a benefits package must be reconsidered. Additionally, most fields, especially those in production and customer service must work Monday through Friday.
Employers say scheduling employees at different days for a non-hourly job may be too complicated. The productivity in one area, they say, may not outweigh the added efforts in others.
Companies looking to hire millennials may attempt to establish a four-day work week, experts say. The incoming generation of professionals look for location of work more often than type of work, and heavily weigh lifestyle advantages.
Experts at thebalancecareer.com recommend companies attempt to subtract a day and consolidate for a few months to gauge employee’s reactions and productivity.