Between 2020 and 2022, 51% of Iceland’s workers accepted an offer of shorter hours – such as a 4-day week – for no loss of pay. Guess what happened for this Nordic nation of 380,000 in moving to this new way of working?
🌱 Iceland's economy grew by 5% last year, significantly outperforming other European nations.
♻️ Research shows that this shift in Iceland has had a positive impact on work-life balance and personal stress.
🎯 Productivity in most cases remained the same or even increased
😀 Staff well-being increased 'dramatically'
Other countries and companies have trialled the 4day work week to positive results:
✅ Valencia, Spain in 2023 found improvements in stress, air pollution and the well-being of children
✅ Microsoft Japan in 2019, piloted the shorter week and saw a 40% increase in productivity!
These aren't the only changes. Check out the World Economic Forum video for more details about the benefits of reduced working hours!
Analytical thinking and creative thinking are going to be the most sought-after workplace skills among employers, followed by resilience, motivation and curiosity. All qualities cultivated within happier human powered workplaces with thriving cultures underpinned with psychological safety and trust.
Want increased productivity, healthier employee engagement? Maybe it's time to think outside the box?
Talk to us at #TrustWorki for ways to more deeply tune into the sentiment of your workforce through our innovative Psychological Safety Pulse tool - hear what employees are really saying, feeling, thinking!
Reach out to learn more, email us at hello@trustworki.com
The 4-day week was also discussed today on the Claire Byrne RTE Radio 1 show Will the four-day work week actually work in Ireland? | Today with Claire Byrne - RTÉ Radio 1, with guests Patricia Murray, Workplace psychologist and Aisling Cusack, Forsa.
Listen back here:
Will the four-day work week actually work in Ireland? | Today with Claire Byrne - RTÉ Radio 1
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