Posts

Showing posts from November, 2020

SHORTER WORKING HOURS

Image
“Work a short time, rest well and innovate”. The four day week when experimented in the past resulted in benefits mainly like increased productivity, cost cutting, and efficient employees. Today in contemporary world there is overwhelming evidence that the key to attract and retain talent is through guaranteed work life balance. The shortening of working week without a loss in pay has been a great demand as it provides a solution to rescue the nation’s ailing leisure and travel industries. The employees could engage in pursuing hobbies, spending time with family, getting more sleep and boost morale and energy. This way, refreshed employees could engage in more productive business with increased profit of the enterprise. For example, West Coast based fast food chain, Shake shack improved lifestyle and finances of employees with reduced working hours. This model improves mental health of employees and let them avail other products and services in the country leading to economic growth