The four-day work week is gaining momentum globally, with countries like Japan and Portugal implementing trials to address societal challenges and improve work-life balance. In Australia, various organisations are exploring this model, recognising its potential benefits for both employees and employers.
Japan’s Four-Day Workweek Initiative
Tokyo’s government last month implanted changes so that employees will have the option to work four days a week. As this article explores, the policy aims to combat Japan’s declining birth rate and aging population by promoting better work-life balance and encouraging family growth.
Australia’s Approach
Australian companies trialling the four-day work week have reported positive outcomes such as:
- Talent Attraction and Retention: Offering a four-day workweek can make organisations more attractive to potential employees and help retain existing staff.
- Improved Work-Life Balance: Employees gain an extra day for personal activities, leading to increased satisfaction and reduced burnout.
- Enhanced Productivity: Trials indicate that a shorter workweek can maintain or even boost productivity levels.
Global Trends
Beyond Japan, several countries are experimenting with or have adopted the four-day workweek:
- Iceland: Conducted extensive trials from 2015 to 2019, leading to widespread adoption of shorter workweeks without pay cuts.
- United Kingdom: A large-scale trial in 2022 saw over 60 businesses participate, with many reporting positive results and choosing to continue the model.
- Portugal: Initiated trials to address declining birth rates and promote better work-life balance.
Considerations for Implementation
While the four-day workweek offers numerous benefits, it’s essential to consider industry-specific needs and potential challenges, such as ensuring coverage during reduced working days and managing workload distribution.