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- 🏔️ 4 Day Work Week
Hey there,
Welcome to the SaaS Hill, a weekly newsletter that tries to predict the future of SaaS.
Let's discuss 4 Day Work Week 📅.
⭐️️ Intro
While some companies are experimenting with hybrid or remote-first work cultures, there are even more innovative companies that go further by experimenting with 4-day work weeks.
Here is what we will discuss today:
8 predictions about 4-day work week
5 stats about 4-day work week
240+ job boards to find a job
2 trend charts
3 experts to follow
2 useful links
4 related trend reports
🤔 Predictions
The concept of a 4-day workweek will gain popularity in the upcoming years as more and more companies experiment with it.
The 4-day workweek trend will be strengthened by other trends like remote and hybrid work, the gig economy, and digital nomads.
Many studies suggest that workers believe working a 4-day week would improve their productivity and mental well-being, reduce levels of burnout and stress.
Companies that offer 4-day workweeks will improve employee retention and attract more applicants.
The 4-day workweek may have a positive impact on other areas, such as commuting expenses, CO2 emissions, car accidents, office expenses, and lower electricity and energy consumption.
The 4-day workweek may accelerate other economies and specific sectors. When asked how they would spend their extra day off, individuals might choose to go shopping, volunteer, or take up a new hobby.
Some people mentioned that they would spend their extra day off on side hustles, which could lead to an increase in solopreneurs and content creators.
Consequently, the 4-day workweek may contribute to an accelerated rise in creators and the gig economy.
🔥 Trend Examples
List of 300+ companies with a 4-day work week by 4dayweek.io
📈 Trend Chart
Benefits of 4 day-work week according to Henley Business School survey.
Benefits of a 4-day work week
Implementing a 4-day workweek would have ripple effects on society. According to a survey, 69% of employees believe it would improve family life. When asked how they would spend their extra day off, meeting with family was the top choice for 66% of respondents across all age groups. Additionally, 54% mentioned they would use the extra day for shopping, potentially benefiting local businesses, and 25% expressed an interest in volunteering, which could contribute to charitable organizations.
Extra day-off activities
📊 Statistics
Some of the most extensive benefits of shorter working hours were found in employees’ well-being. ‘Before and after’ data shows that 39% of employees were less stressed, and 71% had reduced levels of burnout at the end of the trial (Source: Autonomy)
According to the Cambridge study, businesses generated 1.4% more revenue at the end of a six-month 4-day workweek trial than they did at the start.
Microsoft Japan experimented with a 4-day workweek, and productivity jumped by 40%.
82% of businesses say being available to customers is the biggest barrier to implementing a four-day week (Source: Henley Business School)
70% of workers believe working a four-day week would improve their mental well-being (Source: Henley Business School)
👔 Services
💼 Job Boards
4 day week > Find a 4 day week job
4daytech > Find a remote job in a 4-day week tech company
Get access to SaaS Hill’s curated list of 240+ job boards here
240+ Job Boards by SaaS Hill
📖 Experts to Follow
Phil McParlane > Founder @ 4dayweek.io
Jason Fried > Co-founder & CEO of 37signals
Andrew Barnes > Founder at Perpetual Guardian
🔗 Useful Links
Researches about 4 day work week
25 benefits of the 4 day work week by Phil McParlane
🤝 Related SaaS Trends
🏔 Async > embrace asynchronous communication for remote work
🏔️ Virtual Office Software > or ready player one
🏔️ Remote Collaboration Software > or how to scale teamwork across distances
Thanks for reading. See you next time 👋