New Zealand trusts business Perpetual Guardian has signed off on the four-day week, turning an experiment into company policy.
As was the case with the trial, employees who opt into the four-day week will be eligible for a weekly rest day provided they meet their weekly productivity objectives and will be paid their usual salary.
Barnes says that there is a chance that once the four-day week is normalised, productivity levels might slip back as staff become accustomed to having the extra day off.
For this reason, Barnes said he has stressed that four-day week is a privilege rather than a right to staff.
This is part of the reason why staff are required to buy into the initiative every year. It serves as a reminder that keeping the four-day-week alive requires every member of the company to deliver their side of the deal.
Failure to do so will quickly lead to a return of the five-day week.
While the new policy comes into effect on November 1.
Source: NZ Herald.
Image: Lawrence Smith / STUFF