Iceland Tried A Four-Day Work Week & It Was An Overwhelming Success; Here’s Why!

by Tania Tarafdar
Iceland Tried A Four-Day Work Week & It Was An Overwhelming Success; Here’s Why!

The global pandemic has given us an opportunity to rethink how we do things. The work from home has opened a window to experiment with telecommunicating and a four-day workweek. Leaders of many nations have raised the possibility of a shortened workweek as a way to increase job opportunities, encourage local tourism, increase productivity as well as help with work-life balance.

Job Postings With Four-Day Workweek Have Tripled Since 2018

Author and organizational psychologist Adam Grant tweeted out some thoughts earlier this year about the four-day work-week. He explained, “The Monday-Friday grind is a human invention. This is not to say that things can’t change. Indeed, they are changing. Just very slowly. Job postings that mention four-day workweeks have tripled since 2018. Nevertheless, they still only represent around 1% of jobs today.”

Also read: The World’s Loneliest House Is In Middle Of The Sea In Iceland & We Wouldn’t Dare To Live Here!

Iceland Tried A Four-Day Workweek & It Was A Success

Iceland analysed the effect a four-day week would have on employees there. They paid employees the same salaries for working shorter hours between 2015 and 2019. The study concluded that happier, less-stressed employees did better work and were more productive. In fact, Iceland declared the experiment as an overwhelming success. Thereafter, many workers have transitioned to this new shorter-hour arrangement. Indian Government To Allow Companies To Have 4-Day Work Weeks With Longer Shifts.

Majority Of Iceland’s Workforce Is Heading For A Four-Day Work Week

Overall, around 1% of Iceland’s working-age population took part in the four-day work week experiment. Workplaces ranging from offices to hospitals and preschools were included in the study. The overwhelming results inspired many of them to transition from a 40-hour workweek to a 35- or 36-hour week. The majority of Iceland’s workforce is heading in this direction.

Also read: Mumbai Is World’s Most Stressful City To Live In; Iceland’s Reykjavík Is Least Stressful

Spain & New Zealand May Soon Introduce A Four-Day Work Week

The Spanish and New Zealand government is also weighing the possibility of four-day workweeks. In December, Unilever embarked on a year-long trial of this same concept for its employees working in New Zealand. The four-day week is picking up momentum during the pandemic especially when people are prioritising mental health.

We are really hoping that India too follows suit after these countries.

First Published: July 07, 2021 1:26 PM