
The pandemic has made a four-day working week more attractive to workers and businesses
Henley's research reveals 65% of UK businesses surveyed are now implementing a shorter week for some or all of their staff
The COVID-19 pandemic, lockdowns and shift to remote working has had a significant impact on organisations’ attitudes towards a shorter working week, research from Henley Business School has revealed.
The longitudinal study found that 65% of UK businesses surveyed are now implementing a four-day working week for some, or all, of their staff, compared with 50% who answered a similar survey carried out by Henley in 2019.
What’s more, businesses which have introduced a four-day week are already benefiting from significant financial savings, with those surveyed claiming to have saved an estimated £104bn, approximately 2.2% of the UK’s annual turnover.
The new report, titled The four-day week: The pandemic and the evolution of flexible-working, explores the benefits of working fewer days to both organisations and workers, including improved quality of work (64%), the ability to attract and retain the right talent (68%), and employees feeling less stressed at work (78%).
The study is part of an update to the business school’s 2019 report Four Better or Four Worse, which explored the relatively new concept of a four-day working week and the potential financial impacts on businesses. However, the pandemic brought the conversation to the fore in ways the researchers could not have predicted and provided an unexpected testing-ground for flexible working practices which were previously thought to be unattainable.
