Perpetual Guardian is a 250-person New Zealand investment company specialized in trusts, wills and estate planning; this March and April, the company experimented with a four-day work-week, and based on independent academic assessment of the program, they've decided to make it permanent.
The trial was prompted by the company founder's observation that workers were struggling to balance work and family commitments; this was borne out by academic assessment prior to the experiment, which found that only 54% of the staff felt they were managing to balance work and family. After the experiment, the figure was 78% (job satisfaction also rose).
The company reported no drop in productivity and has moved to make the program permanent, but not mandatory. Employees who opt for a five-day work-week will be able to work flexible, traffic-beating hours that will also accommodate childcare logistics.
Data was collected by two New Zealand academics before and after the trial period. In November last year just over half of staff (54%) felt they could balance their work and home commitments, while after the trial this number jumped to 78%.
Staff stress levels decreased by seven percentage points across the board as a result of the trial, while stimulation, commitment and a sense of empowerment at work all improved significantly, with overall life satisfaction increasing by five percentage points.
'No downside': New Zealand firm adopts four-day week after successful trial
[Eleanor Ainge Roy/The Guardian]
(Thanks, Fipi Lele!)
(Image: A Wiseman, CC-BY-SA)
No one has been reported harmed. No bomb reported found.
A friend who works in ad-tech tells me that Verizon's datasets from its Yahoo/AOL assets are "the creepiest" in the industry, but even with every dirty trick and every stupid, harebrained scheme, the companies formerly known as Oath (because everything Verizon did made their users swear uncontrollably) are basically worthless.
Binding arbitration agreements were formalized in 1925, allowing two corporate entities of roughly equal size to resolve their disputes outside of a court, saving both parties a lot of money, but since then, the primary use of arbitration is to force employees, customers, patients and other comparatively weak parties to surrender their right to sue […]
Businesses of any size continue to use PDFs despite – and perhaps because of – their stubborn resistance to simple editing. But for those who need a little flexibility on their documentation, the search is over for alternative software. PDF Expert for Mac is the catch-all solution for wrangling those PDFs, and it’s available at […]
When it comes to tech, smaller is better, and these items fit the bill both in terms of size and price. We’ve rounded up our favorite stocking-ready gadgets, most of which are already on sale – and you can take an additional 15% off any of them with the special code MERRY15. iPM 3-in-1 Fast […]
So you’ve got a good eye for pictures? We’ve got a good eye for deals. And this holiday, there are some solid deals out there for photographers. Check out some of our favorite recent discounts on gear, software, and e-learning for photogs of any experience. Gadgets RevolCam: The Multi-Lens Photo Revolution for Smartphones This […]