Miserable staff don’t make money

Link: https://www.theguardian.com/money/2018/nov/05/firms-switched-four-day-week-increase-efficiency-health-happiness

Article about how some companies are moving to 4 day work weeks. And not 4 ten hour days, just 4 normal days and still earning the typical 5 day salary.

The company began with a six-week trial and found that they achieved just as much – and there were even signs of growth. The key to the scheme’s success, Leigh says, is how happy his employees now are. “There are two ways to make money in my line of work,” he says, “retain clients and get new ones. Miserable, tired staff can’t do either.”

Price is also concerned by the sentiment behind the movement, which he says is, in part, “the assumption that work isn’t good, so you should do less of it”. He points to the phrase “work-life balance”, which “implies that life is not work”, and argues that rather than concentrating on the quantity of work we do, we should focus on the quality.

For Peebles, the time is right to reassess. “Business is different today than 30 years ago, when I couldn’t send an email, couldn’t shop online, had to use a fax machine. So why are we working the same way?”

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