A four-day working week could save UK businesses an estimated £104bn a year, according to new research.
A survey of more than 250 companies indicated that adopting a shorter working week could add to businesses’ bottom lines through increased staff productivity, as well as improved physical and mental health.
Furthermore, the study conducted by Henley Business School, suggested it could also lead to a cleaner environmental footprint.
Henley’s Four Better or Four Worse paper exploring the growing trend for a four-day working week found that nearly two thirds (64 per cent) of those who have already adopted the scheme reported improvements in staff productivity.
The research also found that this working style increased overall quality of life for employees, with more than three quarters (78 per cent) of businesses saying staff were happier, less stressed (70 per cent) and took fewer sick days (62 per cent).