The case for a four-day week is compelling, but we don’t need the state to impose it – The Property Chronicle
Select your region of interest:

Real estate, alternative real assets and other diversions

The case for a four-day week is compelling, but we don’t need the state to impose it It may be slow going, but a change of working culture is on the horizon

The Economist

Thanks to John McDonnell, a four-day working week is back in the news. The Shadow Chancellor has asked the economist Lord Skidelsky to write a report examining the case for working less and relaxing more.

Skidelsky, who has been a member of the Tories, Labour and the SDP in his time, is no left-wing hack, So it will be interesting to see what he comes up with.

Working from home, job shares and various other kinds of flexible working arrangements are now so commonplace as to be unremarkable. In a world where nine to five, Monday-Friday work feels increasingly anachronistic, it’s not a huge conceptual leap to suggest workers might want to work fewer longer shifts. Indeed, some jobs, such as firefighting, already have this kind of shift pattern (though few would envy the anti-social hours or having to run headlong into burning buildings). Even in the famously high-octane restaurant industry, where excessive hours are a badge of honour, some outlets are going against the grain and instituting shorter opening hours.

There’s an obvious historical precedent here too – after all, for much of the 20th century a six-day working week was the norm, but would now seem excessive to all but the most Stakhanovite employees.

What’s more, it is one of those dispiritingly rare issues that can command support across the political spectrum. For leftwingers, such as the Guardian columnist Owen Jones, it might be a case of sticking it to The Man by spending less time chained to your desk. Those of a more liberal, pro-market inclination might observe that companies may decide it makes sense to let staff work fewer hours if it makes them more productive.

The arguments in favour are compelling. New Zealand finance firm Perpetual Guardian now operates a four-day week after a trial period found staff were happier, less stressed and more productive working fewer days. Employees still took home the same salaries despite spending less time at the office. Jason Fried, the CEO of software company 37signals, has also sung the praises of a shorter, more focused working week.






Subscribe to our print magazine now!

SUBSCRIBE