100 UK Companies Sign Up For Permanent 'Four-day Week' With No Pay Cut

One hundred companies in the UK have agreed to give all of their employees a permanent four-day workweek without a pay cut.

This is a big step forward in the movement to completely change how people in the UK think about and approach their jobs.

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The 2,600 employees of the 100 companies make up a minuscule percentage of the UK's working population, but the 4 Day Week Campaign hopes they will serve as a catalyst for change.

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Technology, events, and marketing organizations comprise the majority of four-day week adopters. However, the campaign stated that specific manufacturing and construction employers have signed up.

According to many who advocate for a four-day week, five-day patterns are a relic of a more prosperous era. They thought going down to a four-day workweek would make companies more productive, so they could get the same work done in fewer days.

Some of the first people to use the policy have also found that it helps them find and retain good employees.?

Atom Bank and the global marketing company Awin, which each have about 450 staff members in the UK, are the two biggest companies that have signed up.?

The Four-Day Week Campaign has given them a seal of approval, showing that they have cut workers' hours rather than forcing them to work longer shifts.

As per a?report in Guardian, a think tank suggests that a four-day workweek would help with the current economic problem caused by rising prices.?

As CEO Adam Ross phrased it,?"one of the most transformative initiatives we've seen in the company's history"?was moving to a four-day workweek.

"Over the last year and a half, we have not only seen a tremendous increase in employee wellness and well-being but concurrently, our customer service and relations, as well as talent relations and retention, have also benefited."

Researchers at the Universities of Cambridge and Oxford, Boston College, and the think tank Autonomy continue working with the UK campaign to run the nation's biggest pilot scheme to try out a four-day work week in about 70 companies with 3,300 employees.

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In September, 88% of these companies said that the four-day week was "working well" for their business in the middle of the trial. About 95% of the surveyed companies said that productivity had either stayed the same or improved vastly since the transition.

Even though businesses are getting ready for a prolonged recession, the director of the UK campaign, Joe Ryle, said that the four-day week was becoming more popular.

"We want to see a four-day week with no loss of pay become the normal way of working in this country by the end of the decade, so we are aiming to sign up many more companies over the next few years," he said.

"Many businesses can't afford to give pay raises that keep up with inflation of 10%, so a four-day week with no loss of pay is being suggested as an alternative."

Here is the list of UK companies participating in the 4-day week campaign:

Here is the complete list of companies participating:

3D Issue
448 Studio
64 Million Artists
92 Minutes Ltd
Advantage Business Partnerships
Advice Direct Scotland
Atlas Translations
Atom Bank
Awin
Autonomy
Barefoot Architects
BiBO
Big Potato Games
Blink
Brett Nicholls Associates
Butcher Bayley Architects
Causeway Irish Housing Association
Charlton Morris
City to Sea
CIVO
CMG Technologies
Coltech Global
Common Knowledge
Cooked Illustrations
Crystallised
DataLase
DigiLab
Digital Guerilla Consultancy
Earth Science Partnership
Elektra Lighting
Escape the City
ESG Gaming
Esteem Training
Evolved Search
Flocc
Formedix
Forward Space
Four Day Week Ltd
Geeks for Social Change
Gracefruit
Greenpost
Gungho Marketing
HearFocus
Hello Heat Pumps
Hello Starling
Highfield Professional Solutions
JMK Solicitors
Legacy Events
LUX - The Food & Drink Agency
MATS Consultancy
MRL Consulting
NEON (New Economy Organisers Network)
New Vision Digital Marketing
Oriel Square
Original Consultants
Paul David Smith Photography
Pool Data
Portcullis Legals
PTHR
Punch Creative
Reboot
Resilience Brokers
Reward Agency
SEOMG!
Sinister Fish Games
Social Enterprise Direct
Softer Success
STC Expeditions
STOP AIDS
Scottish Community Safety Network
streamGO
T-Cup
Talewind Target Publishing
Team Custard Kraken
Team Norse Thunder
Technovent
The Circle
Think Productive
THRYVE
Time Appointments
Tribera
Uniqodo
UPAC Group
Vault City Brewing
Venture Stream
Whyfield
Xaso
YWCA Scotland
Zync Digital
PureFluent
Counting King Limited
Trio Media
BJP Consulting Group Ltd
This Is Beyond
Global Partners Digital
LIT Communication
Pollard Media
Acuity Solutions
Principles Agency
Tyler Grange Group Ltd

Historians compare the four-day week debate to the 19th-century two-day weekend campaign.

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