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Apr 22 - Millennials Are Ready For a Four-Day Week



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 1 month ago '05        #1
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phantomnation  topics gone triple plat - Number 1 spot x75
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Apr 22 - Millennials Are Ready For a Four-Day Week
 

 
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he coronavirus pandemic upended office traditions around the world, making working from home the new normal and Zoom meetings the favored way to catch up with colleagues and clients. But millennials, often bashed by their elders as being workshy, are keen for more reforms to the work-life balance, with new polling showing the generation is considerably in favor of adopting a four-day working week.

The concept of the four-day working week is simple: employees work a day less than the standard five, which works out as 32 work hours instead of 40. Workers still have to complete the same amount of work in 80 percent of the time, while in many cases still taking home their full compensation package. Numerous major companies have introduced a reduced week either every week or just some weeks, including Kickstarter, Bolt and Dolby.

The idea is certainly gaining momentum. Bernie Sanders, chair of the U.S. Senate Committee on Health, Education, Labor, and Pensions, has pushed for four-day weeks in Congress. "The sad reality is, Americans now work more hours than the people of most other wealthy nations. And we're going to talk about what that means to the lives of ordinary people," he told lawmakers at a health committee hearing in March.

"In 2022, employees in the U.S., and I hope people hear this, logged 204 more hours a year than employees in Japan, and they're hardworking people in Japan. 279 more hours than workers in the United Kingdom, and 470 more hours than workers in Germany." Newsweek has contacted Sanders via email for comment and clarification on these figures.

Outside of the Capitol, numerous companies and non-profits dedicated to revolutionizing the way we work are becoming more and more notable. Several trials have been run in the U.S., U.K. and Europe to explore the potential benefits of relaxing more and working less. And it seems the younger generations are keen to capitalize on this growing trend.

Millennial Support

Recent polling conducted exclusively for Newsweek by Redfield and Wilton Strategies found that millennials are most in favor of reducing their weekly work hours. Surveying 4,000 eligible U.S. voters between April 6 and 7, the poll found that 63 percent support tr@nsitioning to a four-day working week, with 46 percent believing it makes workers more productive.

Millennials outpaced all other age groups, with nearly three-quarters (74 percent) of those surveyed wanting reduced working hours. Of those, nearly half (44 percent) said they were strongly in favor of a shorter working week, and a further 30 percent indicated general support for the idea. Only eight percent of millennials opposed the idea.

Their opinions are a far cry from the oldest generations aged 59 and over, including Baby Boomers and the silent generation. In all, 50 percent of those born in 1964 and before support a four-day week, with almost a third saying they neither support nor oppose the idea, whereas less than a quarter (23 percent) of millennials indicated the same.

The Experience

Numerous companies reached out to Newsweek regarding their experiences and opinions on making a four-day week work. The majority touted a considerable benefit to work-life balance being the best result of making the switch, with almost all reporting lower employee burnout and higher employee retention.

This was certainly the case for Kickstarter, who worked with 4 Day Week Global to implement its reduced week in 2022. "At the height of the pandemic in 2020, it became very clear that the way we work is way more flexible than we thought," chief strategy officer Jon Leland said. "The benefits of improved life balance for employees far outweigh any costs, and ultimately benefit the organization through higher engagement and productivity. It may seem scary because it's not the status quo but leadership requires taking risks and having the courage to challenge a status quo. I hope that more leaders are motivated to do that."

Given advancements in technology that have been part of an ongoing work revolution throughout the 20th and 21st centuries, Lisa Countryman-Quiroz, CEO of non-profit JVS, said the traditional 40-hour workweek is outdated, and her company has benefitted as well as the livelihoods of her employees.

"The five-day workweek was created in a different time. It served its purpose, but today's world is more fast-paced and technology-driven than our workplace predecessors could have imagined," she told Newsweek. "Since implementing a four-day workweek, our results have been incredible. We've found our employees are more productive, report better work-life balance, and experience less burnout. Incredibly, our turnover rate has been cut nearly in half."

But like all things, such a change is not immune from problems. "Depending on the industry, compressing the same amount of work into fewer hours could lead to burnout, making it crucial to support the shorter workweek with efficient workflows and streamlined processes," Nishank Khanna, co-founder and CEO of Clarify Capital, told Newsweek.

"While the four-day workweek presents numerous possibilities, a one-size-fits-all solution seems unlikely. Success will likely depend on meticulous planning and adaptation to meet the specific needs of each business."

In certain sectors, such a drastic change is difficult to implement. Henry Criss, CEO of the Fraum Center for Restorative Health, said that the need for consistency and flexibility in emergencies makes the four-day week unlikely for healthcare roles. "While I see the potential benefits of a four-day workweek in terms of staff wellbeing and cost efficiency, its implementation in a medical practice like ours would create more problems than it solves," he told Newsweek.

Highlighting that patient service is the most important element, he said the "unique challenges" of a compressed week aren't as simple as "closing our doors one additional day each week without a strategy to manage or redistribute the workload."

The Incoming Shift

While the concept may not be as popular with older generations, younger folks in the millennial and Gen-Z brackets are likely to revolutionize the way we work, with businesses being encouraged to adapt to the needs of workers.

Penny Zenker, a productivity expert and strategic business coach known as The Focusologist, said there is a growing number of young people entering the workforce who "tend to prioritize lifestyle over a traditional paycheck." She told Newsweek: "This generational shift underscores the importance for businesses to adapt to newer work preferences and expectations, including flexibility, technology integration, values alignment, and more emphasis on lifestyle."

"A four-day workweek attracts younger talent, who are motivated by better work-life balance. Societally, this shift to a shorter workweek can lead to reduced carbon footprints and better societal well-being, creating a ripple effect of benefits," Zenker said.

 https://www.newsweek.com/ .. k-week-1892191
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117 comments

 1 month ago '11        #2
Sin  topics gone triple plat - Number 1 spot x71
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I see this as a ploy to roll out AI
+52   

 1 month ago '17        #3
Ymmot  topics gone triple plat - Number 1 spot x6
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We need this. We're more productive than ever, no point in working 5 days a week anymore.
+61   

 1 month ago '09        #4
rexplosive  topics gone triple plat - Number 1 spot x25
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 Ymmot said 🔗
We need this. We're more productive than ever, no point in working 5 days a week anymore.
You're being silly
Think of the shareholders you selfish man
+56   

 1 month ago '17        #5
Ymmot  topics gone triple plat - Number 1 spot x6
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 rexplosive said 🔗
You're being silly
Think of the shareholders you selfish man
Ahh yes, we shouldn't take money away from the wealthy.
+35   

 1 month ago '23        #6
LowCountrySC 
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 Ymmot said 🔗
We need this. We're more productive than ever, no point in working 5 days a week anymore.

i tell my kids this all the time they better bring us this work week!
+10   

 1 month ago '05        #7
Sluggernaut  topics gone triple plat - Number 1 spot x2
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Nurse gang. 2 on-5 off
+24   

 1 month ago '12        #8
OldBusiness  topics gone triple plat - Number 1 spot x5
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 rexplosive said 🔗
You're being silly
Think of the shareholders you selfish man
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Perfect response
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+15   

 1 month ago '18        #9
DUCEDUCE  topics gone triple plat - Number 1 spot x3
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Millenials need to get off their asses and get involved, lot of demands no action. Corporations are steadily taking control and we just sit back and go oh well...
-8   

 1 month ago '16        #10
Soo Special OG  topics gone triple plat - Number 1 spot x4
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I have to agree on this
+9   

 1 month ago '09        #11
rexplosive  topics gone triple plat - Number 1 spot x25
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 DUCEDUCE said 🔗
Millenials need to get off their asses and get involved, lot of demands no action. Corporations are steadily taking control and we just sit back and go oh well...
What is the difference between how Europe approaches this versus north america

They got 5 weeks vacation minimal, some goes to 10 weeks
they get paid time off etc

its government regulation, but didn't florida/texas just remove some workers rights about breaks or something like not even a few months ago

it is probably a cultural thing, going to be hard to change this without people coming in with
"lazy, entitled, socialist's"

How do you think we go about changing this?
+21   

 1 month ago '15        #12
Brewklyner  topics gone triple plat - Number 1 spot x12
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Not for commission jobs it’s not good . For lazy McDonald workers - ye sure
+3   

 1 month ago '04        #13
erickonasis  topics gone triple plat - Number 1 spot x7
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as long as salaries arent cut sure
+16   

 1 month ago '15        #14
Holdino  topics gone triple plat - Number 1 spot x24
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Stock Market won’t allow that unless they are going to commercially introduce AI to the human workforce. This is already being done in private sectors
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 1 month ago '06        #15
damn_ryght 
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I’m sure there’s money to be made from this

Im always more than willing to take money from the lazy ones
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 1 month ago '16        #16
Don Snow 
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Fridays already wild slow most of the time

Summer Fridays for 3 4 months

This sh1t damn near already here
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+10   

 1 month ago '11        #17
Sin  topics gone triple plat - Number 1 spot x71
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 Holdino said 🔗
Stock Market won’t allow that unless they are going to commercially introduce AI to the human workforce. This is already being done in private sectors
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AI isn’t good enough to fully replace humans so they still need them for part time work



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+8   

 1 month ago '21        #18
2Pac Cares  topics gone triple plat - Number 1 spot x7
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Been working from home since 2015
+9   

 1 month ago '17        #19
Ifeellikekobe  topics gone triple plat - Number 1 spot x10
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sh1t I just want the other departments they claim be working 24/7 to actually be fu#king working. Send emails or call no answer, they skip out early on Fridays...i mean like 11am they gone for day. sh1t all broke over the weekend...they have the nerve to respond to emails...like is it still broke...can you send us more information?
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No you bastard look at your screen. I know you can see the sh1t is broken. Then about 4pm they give an all good....And surprise...sh1t broke till Wednesday.
+7   

 1 month ago '11        #20
Sin  topics gone triple plat - Number 1 spot x71
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 Ifeellikekobe said 🔗
sh1t I just want the other departments they claim be working 24/7 to actually be fu#king working. Send emails or call no answer, they skip out early on Fridays...i mean like 11am they gone for day. sh1t all broke over the weekend...they have the nerve to respond to emails...like is it still broke...can you send us more information?
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No you bastard look at your screen. I know you can see the sh1t is broken. Then about 4pm they give an all good....And surprise...sh1t broke till Wednesday.
I received an automated email about a firewall losing connectivity on a Saturday afternoon and i drive all the way there call and email the 24/7 firewall team and get no response for two hours and left
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+1   

 1 month ago '11        #21
Sin  topics gone triple plat - Number 1 spot x71
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 Jwin said 🔗
Bing! That 4 day going to turn into no days.
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itís funny people all of a sudden believe corporate America wants to be nice and give them an extra day out of the kindness of their heart
+10   

 1 month ago '22        #22
MONEY WORLD 
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 Sin said 🔗
AI isnít good enough to fully replace humans so they still need them for part time work

↪🔗

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Yet the BIden Administration tries to spin this as job growth. It's a sick game that they play.
-2   

 1 month ago '22        #23
MONEY WORLD 
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 Sin said 🔗
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itís funny people all of a sudden believe corporate America wants to be nice and give them an extra day out of the kindness of their heart
A lot of these people on BX never had a real career. They barely even function in society. They have loud voices, yet know next to nothing about anything of real consequence in the real world.
+2   

 1 month ago '16        #24
lars  topics gone triple plat - Number 1 spot x6
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 Ymmot said 🔗
We need this. We're more productive than ever, no point in working 5 days a week anymore.
I'll take 10 hrs 4 days a week any day, 2 days off is not enough.
+8   

 1 month ago '08        #25
LevelHeaded 
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i already have a 4 day week by working 10 hour shifts, and its great. would be even better working 4x8, that extra day off makes a huge difference
+6   

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