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A study by the CIPD looks into the current status of the 4-day week, predicts it will gain currency, but highlights some of the challenges for employers.
A third of employers think the four-day week will become a reality in the UK for most workers within the next 10 years, according to a CIPD survey, although only a small number currently offer it or plan to in the next three years.
The Four Day Week – employer perspectives of moving to a four-day week report by the Chartered Institute of Personnel and Development [CIPD] also found just one in 10 organisations said they have reduced working hours without reducing pay for the whole or a significant part of their workforce over the last five years and that under half of employers (42%) of these did so as a result of the furlough scheme.
Just 1% of organisations that have not reduced hours without reducing pay for staff plan to do so in the next three years.
A majority of employers believe that a shift to a four-day week without reducing pay would depend on their organisation improving their efficiency and working smarter (66%) or firms boosting their adoption of technology (68%).
The analysis is based on a survey of 2,000 employers and ONS Labour Force Survey data on people’s working hours.
The report also finds: