Factbox: Four-day working week: some are seeing a win-win

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British companies involved in the world's largest trial of a four-day working week have mostly decided to retain it in what campaigners hailed on Tuesday as a breakthrough for a better work-life balance.

BRITAIN - Employees at 61 companies worked an average of 34 hours across four days between June-December 2022, while earning their existing salary. Of those, 56 companies, or 92%, opted to continue like that, 18 of them permanently. A number of participants said job retention and recruitment had improved during the trial.

ITALY - Italy's biggest bank Intesa Sanpaolo last year offered staff the option of a four-day working week on the same salary from this January, the first such move by a major Italian employer. Intesa said it was looking at shortening the working week to curb its rising electricity bills. GERMANY - A pay deal agreed last April for tens of thousands of workers at Germany's public-sector banks also included a one-hour reduction to a 38-hour working week from 2024. Germany has been a forerunner in adapting working weeks, either as part of wage-bargaining or to avoid redundancies in economic slowdowns. Bosses at car giant Volkswagen said back in the 1990s that a four-day week was hurting competitiveness and pushed for it to be increased.

 

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Oh? 'quiet quitting' isn't shaming the labor grunts to knock down the barricades and storm back to their cubicles? And who is seeing it as lose-lose beyond management?

Oh how gracious of master to let us have part of our existence back :/

Until they realise the ‘analysis’was done by a lobby group and used lockdown 2021 as the base year to calculate their dramatic 34 percent improvement in turnover. A scam that many ‘journalists’ have not seen through

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