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  • These three companies all have one thing in common.

  • Most of their employees only work four days a week.

  • They're part of a growing number of businesses and governments

  • around the world embracing the four-day work week,

  • something that was considered radical just a few years ago.

  • The Covid-19 pandemic appears to have sped up adoption of a shorter working week

  • with workers increasingly demanding a better work-life balance

  •   It's been a game changer for the four-day workweek movement.

  • A lot of managers, now since moving to remote working,

  • have got much more sophisticated ways of measuring productivity, performance, output.

  • So, they're much more focused on quality of output, rather than quantity of hours.

  • The pandemic has brought on thisgreat resignation,”

  • this incredibly competitive labor market.

  • So, a lot of employers are turning to the four-day work week

  • as something that could potentially give them a competitive advantage

  • when it comes to recruitment and retention.

  • So, what can we learn from the companies and workers that have taken the plunge?

  • My first stop is London-based independent board game creator, Big Potato Games.

  • They first started trialing the four-day working week in 2019

  • and made it a permanent fixture the following year, writing it into employee contracts.

  • Let's find out more.

  • Tell me about what inspired you to trial a four-day working week?

  • It wasn't actually my idea, or my partner Ben's.

  • It was our other partner, Tris. He'd read this article about

  • a company in New Zealand, who'd done it, and it'd been wildly successful.

  • And he first proposed it to us.

  • And we're likeNah that's crazy. Like, how would that ever work?”

  • And he said, “No, read the article.”

  • And we read it, and by the time we got to the end,

  • it seemed like a no brainer.

  • Big Potato, which was founded less than a decade ago,

  • says revenue rose 350% since the shorter working week was introduced.

  • In 2021, Big Potato generated a group revenue of £12 million,

  • having sold more than 10 million games across 32 markets around the world.

  • But with a relatively small team of just 40 employees,

  • operating on a four-day week can become challenging during busy periods.

  • For Big Potato, that's the run-up to Christmas.

  • You've got to have a degree of flexibility in certain like, roles within the company.

  • Our customer service team are like phenomenal.

  • But they work on a different pattern and they work on contract hours,

  • so they have a slightly different setup to some of the full-time employees.

  • So, we need to make sure that our customers have always got customer service representation,

  • so that's just never going to work with a four-day week.

  • I think also there's like an unwritten understanding amongst everyone who works here is like,

  • if I'm a designer, and I have a deadline, I'll do it on a Friday, if I have to.

  • Marketing will do a photo shoot on a Friday.

  • So, there's like a good mutual respect amongst all the

  • different teams that every now and again, you're just gonna have to chip in, and it might be on a Friday

  • And that's alright, because it sort of levels itself out across the company over a year.

  • And Big Potato is keen to keep a shorter week in place.

  • It's that little thing that I love, you know, you can say to people

  • "Yeah, we've pulled off a four-day week," because it's something

  • lots of people would love to have, and I hope more people will do eventually.  

  • I think it's made a massive difference. I mean, everyone is so busy all the time.

  • Everyone's got loads of things going on. So, it's just that extra day that you can

  • get things like life admin done, then just enjoy your weekend.

  • My next stop is Edinburgh-based food and drink marketing agency LUX.  

  • Here, some of the employees work Monday to Thursday,

  • while others work Tuesday to Friday, ensuring every client

  • is covered by a counterpart on that fifth day of the week.

  • LUX launched its four-day week pilot in January 2020, just before the onset of the pandemic.

  • Initially, the agency decided not to tell their clients about the trial.

  • It was imperative for us to be able to measure if it was working or not.

  • So, we set ourselves some kind of KPIs, in terms of how are we going to measure success or not.

  • And one of them was, if our clients don't notice,

  • then that's a huge measure of whether it's working.

  • So yeah, none of our clients did, which was great

  •   In fact, Will says that LUX's profits have risen 30%

  • since they started their pilot, while productivity is up 24%.

  • We have for several years been using a time-tracking software called Toggle.

  • So, we were able to kind of look at over a year-on-year, comparing it to kind of pre-pilot,

  • how was it impacting and how productive were we being.

  • And we could see that, in short, people were working less, but we were making more profit.

  • So, it was another indicator that people were being more efficient with their time.

  • It's not about how many hours you put into it,

  • it's about focusing on outputs.

  • So yeah, we were thrilled to see that an increase in productivity leads to more profitable business.

  • Neither LUX, nor Big Potato Games cut employees' pay with the switch to a shorter working week.

  • Advocates for a four-day working week say it's more environmentally friendly,

  • because it reduces the number of days people commute to work.

  • So, it seems like a fitting model for sustainable events business Legacy Events.

  • The Oxford-based company has operated on four-day week since 2018,

  • in conjunction with a company rebrand.

  • Legacy Events is also paying employees the equivalent

  • of what they would earn in the sector if they were working a five-day week.

  • Sustainability was always meant to be at the core of Legacy Events.

  • I've worked in sustainability for 15 years, and I've talked a lot about employee burnout,

  • about wellbeing, about having a proper work-life balance.

  • And so, it seemed to me if I was starting a company,

  • I should practice what I've preached, and really embed that in there in the company.

  • And so to me, it seems obvious if you're going to have a work-life balance, you need to give

  • people almost as much leisure time as they have at work.

  • So, a four-day week just seemed natural.  

  • We're a remote company as well as a four-day week company,

  • which means that our staff don't travel into the office

  • as much as perhaps other companies do.

  • So that means that they have a lower carbon footprint, which benefits us all.

  • But Fairweather has struggled with getting her team to take vacation.

  • They are not feeling burnt out. They don't feel they need to take two

  • or three weeks away from work to go and recharge.

  • But we all need longer times away from work.

  • So, it's clear that there's still a mindset shift needed in the workplace,

  • even among those employees who are able to enjoy this increased flexibility.

  • But it seems like, for the most part, the benefits have outweighed the costs for these companies.

  • It's enabled me to focus on other things on a Monday.

  • I work for charities. I do some voluntary work for a dog charity.

  • It's lovely to have that extra day to just go and

  • visit my friends and family, but also wind down mentally,

  • and I feel really refreshed by the Tuesday and ready to go.

  • And it's not just smaller businesses that are embracing a shorter working week.

  • Consumer goods giant Unilever has trialed a four-day working week in New Zealand,

  • while Microsoft tested it out in Japan for a month.

  • Iceland's long-running trial of shorter working hours

  • between 2015 and 2019 was hailed as anoverwhelming success

  • and one report in the same year found 86% of Iceland's working population

  • either work shorter weeks or now have the right to.

  • An even bigger trial kicked off in the U.K. in June,

  • with 71 companies and more than 3,300 employees, signed up to test a four-day week over six months.

  • Alex Soojung-Kim Pang, who wrote a book on productivity and shorter working hours

  • pointed out inrecent report that there's historical precedent.

  • In as early as 1922, the Ford Motor Company experimented

  • with reducing the work week from six to five days,

  • and it became permanent policy four years later in 1926.

  •   So, could we see the four-day working week

  • become the norm in the next five years?

  • What we're seeing is, certainly in certain sectors of the economy,

  • particularly those sectors that maybe traditionally would have been primarily office-based.

  • Maybe now they're either remote first, or they're hybrid.

  • So you could definitely see the four-day workweek going from being an ambition to being the norm,

  • really, really quickly, even in the space

  • of two to three years

  • Competition can really drive some incredible changes.

  • We're not just seeing this at a corporate level, but at a national level.

  • Attracting the best talent, attracting investment. We could definitely see the four-day workweek

  • becoming something that even countries turn to,

  • and we're seeing governments and policymakers seriously looking at reduced work time as

  • a policy area that they're considering

These three companies all have one thing in common.

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