Majority of employers favour a 4-day workweek, survey shows

With a number of companies across the world proposing 4-day workweek for employees, a report has revealed that a majority of employers in India strongly agree that this model will help in reducing stress level.

Over 60% of the employers strongly agree that the new 4-day workweek model will be successful in uplifting the overall morale of the organisation with job satisfaction and work-life balance, helping to reduce stress and anxiety levels, HR Solutions Genius Consultants said in a report.

However, 27% of the employers who participated in the survey said they were not sure of its implications on organisations’ productivity.

The remaining 11% disagreed with the notion, arguing that the 4-day work model would neither improve nor yield any drastic positive results, it said.

The report is based on a survey conducted online among 1,113 employers and employees between February 1 and March 7 across sectors, including banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media, oil and gas.

The survey found that 100% employees were in favour of the 4-day workweek model.

More than 66% of respondents strongly believed that the 4-day week would help them improve their productivity levels, the firm said.

The survey also found that for employers, the most preferred third day off was Friday (52%), followed by Monday (18%), Wednesday (18%) and Thursday (11%).