Business

Workers land a bargain with the CEO: Flexibility in the 4-day workweek

Trend quick cycle today, even in the corporate world. Less prevalent than it was a month ago: the four-day workweek.

Flexa Careers, a job directory for flexible positions, analyzed More than 36,000 users search its site to discover the biggest priorities of job seekers. It found that they had lost some interest in “compressed hours,” defined as dividing the same number of hours worked into fewer days.

From June to July, the number of job seekers looking for a shortened work week fell by 20%. To be fair, this follows a 14% increase in June, when New UK test of four-day workweek has led to a great deal of interest in compression schedules.

But the need for less of a flexible workweek doesn’t mean flexibility is still not a top priority for candidates everywhere. What’s more, employees have realized they don’t need to reinvent the wheel if they’re enjoying flexible hours while working remotely.

Molly Johnson-Jones, CEO of Flexa Careers, says: Luck.

“More and more businesses are allowing employees to set their own work hours or allow complete freedom outside of ‘core’ time when everyone has to be online,” Johnson-Jones said. “This means people are finding a work rhythm that works for them, which reduces the need to look for a formal compressed hour structure.”

Even so, people still like a four-day work week

According to Alex Soojung-Kim Pang, program director at the nonprofit 4 Day Week Global, the number of employers offering four-day schedules has doubled since 2020. maybe.

Initial result from the UK four-day workweek trial has begun to roll out, showing that despite some organizational hiccups, many workers enjoy a new work-life balance without Compression schedule brings.

But with 95% of knowledge workers Wanting flexibility, CEOs have begun to realize that the workweek will never be the same if they want to jostle for new talent.

“For us, nine to five people were on pre-pandemic life support,” said Steve Pickle, Salesforce EVP of employee success Luck In Steps are. “The pandemic took its life and put it right in the grave. It’s still dead, and we’re in a much better place. ”

Since then, the company has adopted schedules in which employees are not bound to be in the office all week or work eight hours a specific day.

CEO of JC PenneyMarc Rosen also noticed a growing need for flexibility in store distribution centers and mentioned that the company was looking for options to swap schedules last minute. “Flexibility is very important right now,” he said at a Luck CEO Roundtable Sponsored by McKinsey last month.

As workers gain the upper hand in stipulating their hours in a five-day workweek, compressed hours may no longer matter.

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