4.4 • 796 Ratings
🗓️ 22 December 2020
⏱️ 19 minutes
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Unilever in New Zealand is the latest firm to trial a 4-day week without cutting pay. Manuela Saragosa speaks to Paddy Gamble, the CEO of Perpetual Guardian which manages trusts, wills and estate planning. A couple of years ago they put their 240 staff on a four-day week but paid them for five. He says productivity has gone up since they introduced it. Charlotte Lockhart runs a global campaign for a 4-day week and she says its easy to do and its doesn't cost very much. But Marc Effron, president of The Talent Strategy Group, a global human resource management consultancy firm says a four day week doesn't actually improve productivity.
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0:00.0 | Hello and welcome to Business Daily from the BBC. I'm Manuela Saragossa. Coming up, there's a renewed |
0:07.7 | global push to introduce a four-day working week. Unilever in New Zealand has become the latest |
0:13.7 | firm to launch a year-long trial. We know from all of the businesses that are doing a four-day week |
0:19.9 | around the world that they are more |
0:22.1 | productive, they have a healthier workforce. It's about having a leadership who are prepared to |
0:27.7 | take a chance. We speak to enthusiasts who say the COVID pandemic is an opportunity to reset |
0:33.7 | all our working habits and the naysayers. Some of the arguments I hear for the four-day work week |
0:39.3 | sound more like projections of personal values and personal preferences |
0:44.2 | than actually looking at what is the best science about human performance say. |
0:48.5 | That's all here in Business Daily from the BBC. |
0:54.6 | On the 28th of November 1919 in Washington, the first international labor standard of the ILO was |
1:01.6 | adopted. The Hours of Work Industry Convention,001, limited working time to eight hours a day |
1:08.2 | and 48 hours a week. That clip from the International Labor |
1:12.1 | Organization celebrated its role in helping to popularize the eight-hour working day, a day that |
1:18.5 | was divided into eight hours of work, eight hours of play and eight hours of sleep. |
1:23.8 | A landmark for workers' rights, the convention has had far-reaching impact on normalising the eight-hour workday |
1:30.8 | and has been an enduring pillar of modern working life. |
1:35.8 | But has the eight-hour five-day working week had its day? |
1:40.3 | Well, Unilever in New Zealand appears to be pondering that very question. |
1:44.5 | It's trialling a four-day working week, cutting employees' hours without cutting their pay. |
1:50.3 | It even appears to have the support of New Zealand's Prime Minister, Jacinda Ardan. |
1:54.7 | I hear lots of people suggesting we should have a four-day week. |
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