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4-Day Work Week? Try 3 Days
The Financial Times is making news with a cost-cutting scheme that will give its workers the option to work three days during the summer. While I wish there was a green motivation behind it (though there are bound to be eco-friendly effects), it looks like the news organization is trying to weather the crappy economy.
The Financial Times is cutting staffing costs by offering employees the chance to work fewer hours over summer, including a three-day working week option.The FT has launched the "global voluntary scheme" offering staff flexible working options as part of a plan to help ride out the worst of the media downturn.
Options include working a three- or four-day week between June and August, an option to buy an additional seven days leave and to extend annual leave at 30% pay with a minimum booking period of two weeks.
I maintain that a 4-day workweek is the sweet spot.
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