90% of professionals want trial of 4-day work week

Nov 5th at 08:18
05-11-2024 08:18:41+07:00

90% of professionals want trial of 4-day work week

Some 88 per cent of professionals would like to trial a four-day work week, and 62 per cent of them believe it would raise their productivity, a survey by Robert Walters, a global talent solutions business, has found.

Some 88 per cent of Vietnamese professionals want to trial a four-day work week. — Photo nld.com.vn

“The 4-day work week: Is Asia ready for it?” surveyed over 5,000 professionals and companies across 11 Asian countries and territories.

It also found that 40 per cent of those against such a trial are concerned about increased stress due to the same workload being condensed into fewer days, and would prefer splitting their work load across five days instead.

There were also concerns about the impact on their finances, with 27 per cent saying a four-day week would mean an increase in expenditure due to more time spent outside of work.

To achieve a four-day work week with the same amount of pay, 60 per cent of professionals are willing give up hybrid working or work two additional hours a day across the work week.

Across the region, employers and professionals remain open to the value of a four-day work week to increase productivity and support talent attraction and retention.

Compared to other countries in Asia, the transition to a four-day work week is likely to be more gradual for Việt Nam – with 26 per cent of employers more willing to offer flexible working hours on Fridays.

Phúc Phạm, country manager at Robert Walters Vietnam, said: "Anyone considering a shorter work week should keep in mind that there’s no universal solution. The real focus should be on adapting it to fit the specific needs of your business, employees and customers.”

The biggest concerns for employers about a four-day work week are bad customer experience (67 per cent), incurring costs due to delayed projects or having to hire more people (62 per cent) and causing employee resentment due to difficulty in implementing across the entire office (48 per cent).

But, compared to a regional average of 66 per cent, 75 per cent of employers positive about a four-day work week believe it can yield improved employee productivity levels, with 50 per cent thinking it will help attract and retain employees. 

Bizhub





NEWS SAME CATEGORY

Hà Nội takes drastic measures to disburse public investment

Hà Nội is currently in a crucial phase of public investment disbursement, striving to maximise funding allocation so as to improve the efficiency of capital...

​Vietnam PM to attend 8th Greater Mekong Subregion Summit in China

Vietnamese Prime Minister Pham Minh Chinh will attend the eighth Greater Mekong Subregion (GMS) Summit and other meetings in China starting Tuesday, according to...

Numerous US businesses set to arrive in HCM City to implement signed agreements

From this month until early 2025, leading US investment funds and over 30 businesses will visit HCM City to seek investment opportunities and implement signed...

Việt Nam, Canada enhance cooperation, connections

The Việt Nam Trade Office in Canada has taken part in the 2024 MIBIExpo, an international investment promotion exhibition, in Montreal, to enhance cooperation and...

​Vietnam, Qatar issue joint communiqué to elevate relationship

Vietnam and Qatar on Friday issued a joint communiqué to lift their relationship to a more advanced level in various areas, with a focus put on economic, trade, and...

​Cuba seeks Vietnam’s support in renewable energy development

President of the National Assembly of People’s Power of Cuba Esteban Lazo Hernandez said Cuba hoped to receive Vietnam’s support in developing renewable energy...

​Trinity Forum 2024 to kick off in Ho Chi Minh City next week

The Trinity Forum 2024, the world’s leading airport commercial revenues conference, will take place in Vietnam’s southern economic hub Ho Chi Minh City on November...

Embracing the Transit-Oriented Development model for sustainable urban development

M&A activities show signs of recovery

Mergers and acquisitions (M&A) activities in Việt Nam have been showing signs of recovery in recent months as several large companies announced finished deals...

Local firms must increase competitiveness to cope with foreign rivals in the domestic market

A wave of cheap goods on Chinese e-commerce platforms, such as Taobao, 1688, Shein and Temu, has forced Vietnamese businesses to enhance their competitiveness in...


MOST READ


Back To Top