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100 UK firms sign up for permanent four-day working week with equal pay

 




In June, a total of 70 UK firms undertook a trial run of a four-day working week with no cut to their pay.

A total of 100 UK companies have signed up for a permanent four-day working week with no loss of pay for their employees, aiming to change Britain's approach to working.

These 100 companies with 2,600 staff are hoping to lead a major change in Britain's approach to working as the group believes the five-day working pattern is a hangover from an earlier economic era, The Guardian told.

They also argued that the four-day approach would increase their productivity, meaning the same amount of output in fewer hours. The two biggest companies that have signed up to the four-day week campaign are Atom Bank and Avin.

Earlier in June this year, a total of 70 UK firms also did a trial run of a four-day working week with no cut in their pay. The pilot scheme, for six months, covered thousands of workers ranging from the local fish and chip shop to large financial companies.

The event was organized by non-profit 4 Day Week Global, Autonomy, a think tank, and the 4 Day Week UK campaign in partnership with researchers from Cambridge University, Oxford University and Boston College.

During the trial, employees are getting 100% pay for the 80% of hours they would normally work with the aim of being more productive.

The call to shorten the working week has gained momentum in recent years in many countries amid the pandemic. As millions of employees turned to working remotely during COVID-19 – making commuting times tougher and cutting costs – the demand for more flexibility has only grown louder.

Researchers have said that a similar trial of four days a week in Iceland became a "tremendous success" and prompted many workers to reduce working hours. The test, in which workers were paid the same amount for fewer hours, took place between 2015 and 2019.

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