Power of Four-Day Work Week In Australia In Five Years; My Takeaway;
Power of Four-Day Work Week In Australia In Five Years; My Takeaway;
?1) Four-day work week in Australia in five years; Aussies could soon be saying goodbye to the traditional five-day work grind, with momentum gaining for a radical change to the workplace.
?2) In a surprising result, more than 7-in-10 Australian employers support a four-day work week for their staff due to concerns about attracting and keeping staff, with the move seen as a way to compete for top talent.
?3) Influences that could push employers to make the move include employee requests or positive staff feedback, business results, whether changes to operations will allow it and if their competitors are doing it.
4) With candidates placing flexibility in their top priorities, offering a four-day workweek helps attraction and retention efforts, while also contributing to staff morale and productivity.
?5) Australian employees could soon be paid their full-time wage to work just four days a week should sweeping proposals from a senate inquiry be adopted.
6) The first large-scale study of its kind, released in December 2023, is the latest in the push to reduce the mandatory five-day working week; Australia was one of the countries involved in the study, which also included New Zealand, the US, Canada, the UK and Ireland.
Kind regards
Alan : )
Director of Finance and Operations of Finnext Financial Group | FCPA, CPA, CA
1 年Power of Four-Day Work Week In Australia In Five Years; My Takeaway; ? 1) Four-day work week in Australia in five years; Aussies could soon be saying goodbye to the traditional five-day work grind, with momentum gaining for a radical change to the workplace. ? 2) In a surprising result, more than 7-in-10 Australian employers support a four-day work week for their staff due to concerns about attracting and keeping staff, with the move seen as a way to compete for top talent. ? 3) Influences that could push employers to make the move include employee requests or positive staff feedback, business results. 4) With candidates placing flexibility in their top priorities, offering a four-day workweek helps attraction and retention efforts, while also contributing to staff morale and productivity. 5) Australian employees could soon be paid their full-time wage to work just four days a week should sweeping proposals from a senate inquiry be adopted. 6) The first large-scale study of its kind, released in December 2023, is the latest in the push to reduce the mandatory five-day working week; Australia was one of the countries involved in the study, which also included New Zealand, the US, Canada, the UK and Ireland. KPMG LinkedIn