Four-day week trial a success
The New Zealand company behind a landmark trial of a four-day working week has declared it a success and will be adopting the schedule full-time.
Almost 250 staff at Perpetual Guardian, which manages trusts, wills and estate planning, trialled a four-day working week in March and April, working four eight-hour days but getting paid for five. Academics found staff at the firm’s offices around the country reported lower stress levels, higher job satisfaction and an improved work-life balance. Perpetual Guardian’s founder Andrew Barnes said staff could choose whether to opt into a four-day week, and lawyers had been consulted to ensure the system would abide by New Zealand employment law.