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“Damn, this is productive”: a New Zealand firm introduced a four-day workweek without a pay cut

Employees are delighted that one does not have to work on Friday.

Head of the Perpetual Guardian Andrew Barnes

In early March, a company from New Zealand, Perpetual Guardian, began a six-week experiment – all 200 employees of the firm began to work four days a week, but receive a salary for five. The experiment will be completed in mid-April, after which the management will collect all the statistics and in July 2018 will announce whether the four-day working week will be accepted on a permanent basis.

In Perpetual Guardian, it took three weeks for the new system. While the staff consider the experiment to be extremely successful: according to them, there is more energy and a desire to work.

People thought about how to spend the third day off, how to use it to change their lives. Some returned on Monday incredibly energetic.

Christina Brotherton
Head of Human Resources, Perpetual Guardian

People became more positive, because suddenly they had time to do what they had not done before.

Andrew Barnes
head of the Perpetual Guardian

The innovation was reflected not only in the mood of people, but also in the work process.

The office became quieter, people became more concentrated, and communication with the cooler almost ceased. I feel better when I start working week. The experiment was a lot more pressure than I expected. But now I’m worried that everything will end. I do not know anyone who would like to return to the old routine.

[…] Damn, that’s pretty productive.

Kirsten Taylor
Employee of the Perpetual Guardian

Not all such experiments end in success. In 2017 he ended the two-year project of the Swedish company to reduce the working day to six hours. As a result, sick leave decreased by 10%, people as a whole began to feel better, but at the same time, the company’s expenses increased by 20%.

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