Most companies that participated

 

Most companies that participated in the world's largest four-day workweek trial will keep the reduced hours.  According to trial data, participating companies had higher revenues, lower employee turnover, and less worker burnout. 61 organizations in the U.K. employing about  2,900 workers voluntarily adopted a four-day workweek from June to December 2022. The trial was coordinated by the New Zealand-based nonprofit advocacy group 4-Day Week Global. Organizational revenue was up 1.4% during the trial while employee turnover dropped by more than half, according to data released on Tuesday. Only three of the 61 organizations decided to go back to five-day workweeks and two are undecided. The remaining companies will continue with four-day workweeks. The trial encompassed a wide range of industries, but it was not randomized and it was skewed toward smaller firms, notes Bloomberg.