02/29/2024

How the Four-day Workweek Could Fix Burnout and Low Productivity

Research shows that burnout rates plummet and productivity rises

Executives struggling to fix a burnout epidemic ruining workers’ health and costing their companies big bucks in lost productivity may want to consider implementing something their employees have been clamouring for: the four-day workweek.

Burnout rates plummet at companies that move to a working schedule of 32 hours or less each week, according to a new report from the non-profit think tank Infinite Potential in collaboration with Toronto-based Work Time Reduction Center of Excellence. Only nine per cent of employees report feeling burned out at organizations that have implemented a reduced schedule at the same pay, compared to a 41 per cent burnout rate at workplaces with a standard 40-hour workweek.

Companies also reap the benefits of reduced work hours. Productivity rises 15 percent under the reduced schedule and workers report being 23per cent more engaged. At the same time, those organizations are better able to keep employees from quitting, with retention increasing by 22 percent.

Please select this link to read the complete article from Financial Post.