A four-day work week trialed
Many Australians now enjoy a four-day work week thanks to the 100:80:100 model, whereby employees work 80% of their former hours while keeping 100% of their pay, as long as they maintain 100% productivity.
This innovative approach has gained global attention, with successful trials reported in Iceland, the United Kingdom, and elsewhere. However, some reports have exaggerated the findings or overlooked scalability challenges.
To gain a clearer understanding, Luke speaks with John Hopkins, Associate Professor of Supply Chain Management, for Swinburne’s School of Business, Law and Entrepreneurship, who surveyed 10 Australian organizations that have implemented this model.
The Interviews with senior managers revealed that the four-day work week can deliver positive outcomes for both employers and employees in various industries, says professor Hopkins.
However, organisations considering a four-day work week face challenges as well. According to managers involved in the model, the main obstacle is overcoming skepticism from both internal and external stakeholders, including clients and customers.
The greatest resistance comes from individuals who struggle to believe that fewer hours can still yield high productivity levels.
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