Burnout is becoming a growing concern for workers, prompting some bosses to consider reducing the length of the workweek. A recent survey by KPMG found that nearly 30% of large US companies are exploring alternative work schedules, such as four-day or four-and-a-half-day workweeks. This shift reflects executives’ efforts to attract and retain talent in a competitive job market where many employees feel overworked and underpaid. While there is ongoing experimentation in this area, some workers have expressed a desire for a shorter workweek, with 77% of US workers believing that a four-day, 40-hour workweek would positively impact their well-being.
Studies in the United States and Europe have shown positive results for well-being and productivity among workers in companies that have implemented shorter workweeks. However, KPMG CEO Paul Knopp emphasized that it is still early to determine whether the four-day workweek approach is gaining traction. Companies are still assessing the potential impact on employees’ mental and physical health, as well as how it may affect costs and productivity. Despite the promising outcomes, widespread adoption of shorter workweeks may still be years away, as industries such as healthcare with labor shortages may not be conducive to this schedule.
While a comprehensive adoption of the four-day workweek may not be imminent, advancements in technology like artificial intelligence could play a role in making it more feasible. AI has the potential to automate routine tasks, allowing workers to be more efficient and potentially reduce their workload. The KPMG survey revealed that 61% of US CEOs are advocating for the use of generative AI to automate mundane tasks and alleviate stress for employees. This shift towards embracing technology to streamline processes could pave the way for shorter workweeks in the future.
A positive development for workers is that bosses are increasingly embracing flexibility in work arrangements, with fewer CEOs expecting employees to return to traditional full-time in-office work. Instead, there is a growing trend towards hybrid work models, where employees have the option to work remotely or in the office. This shift reflects a recognition by CEOs of the importance of providing flexibility to employees, who have expressed a desire for more autonomy in how they work. While the transition to hybrid work models may take time, the acknowledgment of employees’ preferences is a step in the right direction towards creating a healthier work environment.
While the implementation of a shorter workweek may be more suitable for office-based roles like finance and marketing, some industries, such as healthcare, may face challenges due to labor shortages. However, the potential for generative AI to enhance efficiency and productivity could make the four-day workweek more viable in the future. As companies continue to experiment with alternative work schedules and technologies, there is a growing recognition of the importance of employee well-being and work-life balance. By prioritizing flexibility and embracing technological advancements, bosses may be able to create healthier work environments and reduce the prevalence of burnout among their employees.
