This 121-Year-Old Corporation Starts 4-Day Work Week With No Paycut: How Will It Work?
Covid-19 pandemic has unleashed new rules, new dimensions of working globally. On one hand there is the boom in work in home practices all around, on the other hand there is the trend of 4-day work week which is gaining ground everywhere.
In this endeavor, a 121-year old corporate giant has started 4-day work week trial, and there is no pay cut for the employees as well.
How will this work out?
Keep reading to find out more!
Unilever New Zealand: 4 Day Work Week For Some Employees As A Trial
121-year old FMCG behemoth: Unilever’s New Zealand subsidiary has announced the roll out of 4-day work week as part of the trial.
Around 80 employees from Unilevel new Zealand will now work only 4 days a week.
Unilever New Zealand managing director Nick Bangs said, “Our goal is to measure performance on output, not time. We believe the old ways of working are outdated and no longer fit for purpose,”
And the most important factor: There is no pay cut for the employees as well.
Reason For This Experiment?
New Zealand wants to experiment with less work days, and find out the results.
In May, New Zealand Prime Minister Jacinda Ardern actually announced that the entire country can move into the 4-day work week rule,if everything works out.
This recent trial by Unilevel New Zealand can be seen as part of that big experiment.
As per the reports, Unilever will ask 81 employees to work only 4 days a week, and then measure the productivity and results as compared to other employees who are working 5 or 6 days a week.
University of Technology in Sydney will measure the results, and if found positive, this trial can be extended to all Unilever locations, across the world.
Nick said, “We look forward to sharing the lessons from this trial with other Kiwi businesses, in the hopes of influencing others to reflect on their own ways of working,”
It would be really interesting to observe the changes this trial can induce, for all employees, globally.
Will 4-day work week become the norm? We will keep you updated, as more details come in.