Some consultants have recommended a four-day work week might change into the norm in Australia.
The brand new type of working, referred to as the 100:80:100 mannequin, permits staff to maintain 100 per cent of their pay whereas working 80 per cent of the hours — so long as they preserve 100 per cent of their productiveness.
Trials of the initiative in nations corresponding to Iceland and the UK have been labelled a “resounding success”, with reported advantages together with diminished worker burnout, elevated productiveness and better expertise attraction in a decent labour market.
And 100:80:100 isn’t the one mannequin. Different organisations enable employees to work shorter weeks for a pay lower, or supply normal 40-hour weeks condensed over 4 days.
Simply over one-third of Australian corporations count on to transition to a four-day week inside the subsequent 5 years. Listed here are a few of the Aussie organisations that already supply a four-day week in some type.
Medibank
Simply this week, non-public well being insurer Medibank introduced it would supply a six-month trial of the four-day work week to 250 of its staff.
The insurer’s trial was designed by 4 Day Week International, a pacesetter within the motion, and can be monitored by Macquarie College’s Well being and Wellbeing Analysis Unit.
Medibank’s experiment is predicated on the 100:80:100 mannequin, providing 100 per cent of staff’ salaries whereas asking them to work 80 per cent of their former hours.
“There are many pressures on the market proper now, whether or not it’s price of dwelling or individuals managing their work and residential commitments,” Medibank Folks, Areas and Sustainability Group lead Kylie Bishop stated.
“We’re continually fascinated by how we will help stability that for our individuals and spend money on their well being and wellbeing to assist forestall points like burnout.”
Bunnings
Earlier this yr, Bunnings signed an settlement with the Store Distributive and Allied Staff Affiliation (SDA) for a four-day work week trial.
The enduring {hardware} retailer’s 40,000 staff will now have the choice to work a regular 40-hour week condensed into 4 days.
“These are advances the SDA can be pursuing in upcoming rounds of negotiation with different main retailers,” stated SDA nationwide secretary Gerard Dwyer.
“This package deal is nice for employees and for this main retailer alike, setting Bunnings up as a most popular employer in a decent retail market.”
EES Delivery
EES Delivery, a medium-sized logistics firm based mostly in Perth, determined to trial a four-day work week in July 2022 as provide chains all over the world faltered. As of June this yr, its shorter week was nonetheless in motion.
“(In 2022), we had been beginning to see cracks inside the trade,” managing director Brian Hack instructed Swinburne College of EES Delivery’s choice to implement a four-day work week.
“Folks had been burning out, truck drivers had been simply strolling out the door, and I actually didn’t need to see that occur right here.”
Our Group
Melbourne-based software program enterprise Our Group, which offers coaching and technical help to not-for-profits and social enterprises, first adopted a four-day work week in mid-2022.
Managing director Denis Moriarity stated the initiative was so profitable it was instated completely after a six-month trial.
“I can’t even consider a draw back,” he instructed the ABC.
“We at the moment are an employer of selection.
“We’ve diminished turnover and have 37 per cent much less sick go away …
“I can proudly say we’re extra affluent and our staff are extra affluent.”
Your Inventive
This Brunswick design company additionally adopted a four-day work week after a profitable trial that started in August final yr.
Consumer and operations director Liz Indrans stated the corporate noticed immediate enhancements in employees morale and productiveness.
“I can’t think about going again,” she instructed the ABC.
“After we began we thought there can be teething points, there have been a number of however not as many as we anticipated.”
Cliniko
Cliniko, a healthcare software program firm, has instituted a 30-hour work week that may be tailor-made to swimsuit staff’ wants.
The software program supplier hires individuals from all over the world however is predicated in Melbourne. It’s at the moment hiring a software program developer to work hybrid-remote from town.
Marketdigital
This company offers digital advertising and marketing session to small companies and has applied a four-day work week alongside the 100:80:100 mannequin. The enterprise additionally presents distant work and limitless paid time without work.
Versa
Versa, a digital transformation company, additionally presents a four-day work week alongside the 100:80:100 mannequin. A trial of the initiative was made everlasting in 2019.
Versa’s employees take a day without work on Wednesday, dubbed “Versa Day”, nevertheless it’s solely accessible if the staff has been productive and reached its targets for the week or fortnight.
Usability Hub
Usability Hub, a distant consumer analysis platform, permits employees to work a 4, four-and-a-half or five-day week, as long as they take a wage lower proportionate to the variety of hours they work.
Music Well being
Music Well being is the corporate behind Vera, a music wellness instrument that goals to enhance the well being of the aged. The corporate presents a four-day work week at 100 per cent wage.
A lot of the Music Well being staff takes Fridays off, although 5 days’ work could also be wanted throughout busier weeks.
Raisely
Raisely, a web-based fundraising platform, presents a four-day work week at 100 per cent wage. The perk solely turns into accessible after an worker’s three-month probation interval is over.
BugHerd
This web site suggestions supplier and bug tracker presents a four-day work week at 100 per cent wage. The corporate is headquartered in Melbourne and permits employees to make money working from home, from the workplace or from a mixture of the 2.
InDebted
InDebted, a “new type of debt assortment company”, presents a four-day work week at 100 per cent wage.
The corporate claims to “change the expertise of being in debt, by creating a greater method for companies to help individuals who fall behind throughout all sorts of unsecured shopper credit score.”
It says its product, Accumulate, delivers as much as 40 per cent elevated restoration efficiency.
Symbiote
Symbiote, a web site and app builder, presents a four-day work week at 100 per cent wage. The corporate says its employees can work their 32 hours flexibly, at any time that fits them between 7am and 7pm.
Lookahead
Lookahead, a technical recruitment agency, presents a four-day work week at 100 per cent wage. The Sydney-based organisation additionally presents 5 weeks of annual go away, rising to 6 weeks after a interval of service.
Truii
Truii, a Brisbane-based tech and consulting firm, presents a four-day work week at 100 per cent wage. The staff takes Mondays off every week.
Geomotion Australia
Geomotion Australia installs and screens structural, environmental and geotechnical instrumentation for belongings in civil engineering, mining, railway and highway infrastructures. It presents a four-day work week at 80 per cent wage, in addition to different types of versatile working that may be negotiated.
Issues for People
Issues For People, the Melbourne online game studio behind PC and Change sport Video World, presents a four-day work week at 100 per cent wage. The corporate is at the moment engaged on a comply with up sport, referred to as A Halloween Valentine’s.
The Stroll Company
The Stroll Company, a advertising and marketing company, presents a four-day work week at 100 per cent wage.
Home of Model
Home of Model, a B Corp licensed model consultancy, presents a four-day work week at 100 per cent wage, with the staff taking Fridays off. Staff are additionally supplied a paid sabbatical after 4 years with the corporate.
Tractor Ventures
Tractor Ventures, a strategic financer for tech corporations, presents a four-day work week at 100 per cent wage. The corporate switched to a 4 day work week in 2022.
