Michelle Austin | Finance Specialist and Leadership Professional | Keegor Group SA | mail me |
Although the 4-day workweek model is gaining more attention, it is only a fit for some organisations. Some industries and business types may benefit more than others.
We have seen that the 4-day work arrangement will be an attractive perk for many employees. However, most people focus on the benefits rather than the disadvantages that come with it.
A recent business report by IOL revealed that 60% of South Africans surveyed want the 4-day working week model in favour of more free time. However, the 4-day work schedule model is more than a one-size-fits-all approach that all companies can adopt. Adapting to a new method of working is a big step for an organisation, and management will need to consider if the approach is appropriate for their business.
Advantages
- Increased productivity
Studies have shown that employees who work a 4-day week are more productive than those who work a 5-day week – this is likely because they have an extra day to rest and recharge, which leads to less burnout and better focus when at work.
- Better work-life balance
A 4-day week allows employees more time to spend with their families, pursue hobbies and interests, and take care of personal responsibilities – this can lead to better overall well-being and happiness.
- Reduced stress
With less time spent working, employees have more time to relax and de-stress – this can lead to…
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Read the full article by Michelle Austin, Finance Specialist and Leadership Professional, Keegor Group SA, as well as a host of other topical management articles written by professionals, consultants and academics in the February/March 2023 edition of BusinessBrief.
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