Market Overview

Microsoft Pilots 4-Day Week, Raises Productivity 40%

Share:
Microsoft Pilots 4-Day Week, Raises Productivity 40%

The Japanese division of Microsoft Corporation (NASDAQ: MSFT) drew definitive conclusions from a summer experiment: four-day work weeks improve productivity.

In August, the region’s 2,300 employees got Fridays off without a salary change. Management also piloted a 30-minute meeting cap with an attendance limit of five employees. Together, the adjustments triggered a 40% increase in average employee sales, a 23% decline in electricity expenses and a 59% decline in paper printing.

Why It’s Important

The trial demonstrates potential for Microsoft’s business strategy and bottom line, but it also reinforces recent findings on the relationship between four-day work weeks and productivity.

In spite of mounting evidence, executives have been slow to adopt the innovative policy. Some are reluctant to give five-day-a-week competitors extra time to rise, and many prefer to offer schedule flexibility instead.

Broad adoption might require a top-down policy change. The U.K. Labour Party presses for four-day work weeks as a core political platform. U.S. politicians have not yet picked up the trend.

What’s Next

Microsoft Japan has other experiments planned to improve work-life balance. Whether the company intends to instate the programs permanently or expand them to other regional offices is yet to be seen.

Related Links:

Could Paid Menstrual Leave Exacerbate Workplace Discrimination?

5 Tips For Starting A Family And Controlling Your Budget

Posted-In: Japan Microsoft JapanNews Psychology Media General Best of Benzinga

 

Related Articles (MSFT)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com