Iceland switches to a four-day workweek – CNN.
Iceland switches to a four-day workweek
Iceland officially switches to a four-day workweek, reports CNN. According to research, most workers in the country accepted the offer to shorten the workday, including a four-day workweek. This decision has positively impacted Iceland's economy, which has grown faster than most European countries.
It is noted that the unemployment rate in the country is also one of the lowest in Europe. The study showed that shortening the workweek does not lead to a reduction in employee salaries.
«This study demonstrates a true success story: a shorter workday has become widespread in Iceland... and the economy is strong on a number of indicators», says researcher Alda, Gudmundur D. Haraldsson.
It is also noted that in Germany, testing of a four-day workweek has ended, which brought many positive effects for the staff. The study showed that employees who worked four days a week instead of five gained more satisfaction from life and had more free Time.
The four-day workweek is becoming increasingly popular in European countries as it improves work productivity and has a positive impact on sleep. The study also showed that employees working four days a week gain an hour more of nighttime sleep.
A large study on transitioning to a four-day workweek was also conducted in the UK. It involved workers from more than 60 companies. The results of the experiment and the conclusions of the employers will be reported according to Reuters.
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