(MENAFN- Live Mint) Two hundred firms in the United Kingdom (UK) have signed up to implement a permanent four-day working week for all their employees without compromising on salary payment, reported the news portal The Guardian on January 27.
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According to the news report, this move comes after the latest campaign to reinvent the UK's working environment. The news portal also cited the 4 Day Week Foundation and said that together these 200 companies employ more than 5,000 people, and these firms are operating in sectors like charities, marketing, and technology.
Highlighting the“five-day work week” a hangover from the earlier economic age, Joe Ryle, the campaign director of the foundation, told the news portal,“9-5, the five-day working week was invented 100 years ago and is no longer fit for purpose. We are long overdue an update.”
Ryle also focused on how this four-day work week can be a“win-win” situation for workers and employers.
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“50% more free time, a four-day week gives people the freedom to live happier, more fulfilling lives,” he told the news portal.“As hundreds of British companies and one local council have already shown, a four-day week with no loss of pay can be a win-win for both workers and employers.”
Companies leading four-day work week
According to the news report, companies in the marketing, advertising and press relations sectors were leading, with 30 out of the 200 in these three sectors. This lead was followed up by the charity, NGOs, and the social care industry with 29 companies.
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Technology, IT, and software companies also soon followed, with 24 companies from their segment. Among others, 22 companies were from the business, consulting, and management sectors, which also offered their employees permanent four-day work weeks, as per the report.
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