New Zealand’s prime minister suggested a four-day workweek could help revitalize the country’s hard-hit economy after the coronavirus pandemic.
Jacinda Ardern, speaking in a Facebook Live video on Monday, said flexible working options and more public holidays are possibilities to stimulate the economy and encourage domestic tourism while the country’s borders remain closed to foreign visitors.
“The question for me is, how do we encourage Kiwis to … get out and about, and visit some of the amazing places and tourism offerings that we have,” she asked.
New Zealand imposed one of the world’s strictest lockdowns in an effort to curb the spread of the COVID-19 virus – along the way earning praise for its success in doing just that.
The South Pacific island nation has recorded 1,503 positive coronavirus cases and 21 deaths. More than 1,400 of the patients who tested positive have since recovered.
Last week, it slowly started reopening parts of its economy, allowing hair salons, barbershops, some retail stores and restaurants to open their doors for the first time in two months.
However, the country’s success in mitigating the spread of the virus has been somewhat overshadowed by its now wilting economy.
Ardern said last week that her nation faces the most challenging economic conditions since the Great Depression. The government revealed its plans to borrow and spend vast amounts of money in an attempt to keep unemployment below 10 percent.
“New Zealand is about to enter a very tough winter,” she said. “But every winter eventually is followed by spring, and if we make the right choices we can get New Zealanders back to work and our economy working quickly again.”
Ardern said it will be up to employers and employees to figure out if a four-day workweek would be possible for their respective businesses.
“But as I’ve said, there’s just so much we’ve learned about COVID and that flexibility of people working from home, the productivity that can be driven out of that,” she said. “I’d really encourage people to think about that if you’re an employer and in a position to do so. To think about if that’s something that would work for your workplace because it certainly would help tourism all around the country.”
One Kiwi businessman, who transitioned his company’s 200 employees to a four-day workweek in 2018, said it could be a solution post-pandemic.
Andrew Barnes, whose company Perpetual Guardian has gained worldwide attention, told local reporters that the shift made his employees happier, more productive, and improved mental and physical health.
“New Zealand could definitely go to a four-day week in the aftermath of COVID, and in fact, it would be a strategy to rebuild the economy and particularly the hard-hit tourism market as it pivots to a domestic focus,” he told Newshub on Monday.
“We need to retain all the productivity benefits working from home has brought, including cleaner air and a lack of gridlock, lost productivity from commuting while helping businesses stay afloat. We have to be bold with our model. This is an opportunity for a massive reset.”
Successful implementation of four-day workweeks has been seen elsewhere around the world. Microsoft’s Japan office switched to this model late last year and has reported a 40-percent increase in productivity.
Australian digital marketing agency Versa saw similar success after implementing a model that saw the office closed on Wednesdays.
Shifting to a 4-day work week isn’t a bad idea. I think it would actually force businesses to focus on productivity and output instead of having pointless meetings and lots of office chit chat that does nothing but waste time. if you look at how much time gets wasted on Monday mornings and Friday afternoons you could easily just take 4 hours from each of those days and shave off an entire day in the work week on lost productivity.
As a business owner, I agree. When people have work/life balance they are happier and more productive.
I’d even think people would work more than 8 hours per day just so they could have 3 days off.
In the past few weeks, I’ve come home exhausted. Saturday is just recuperation day. Sunday is cleaning and laundry then back to the grind.
I wouldn’t mind seeing work schedules based on projects. Work as much or as little as needed, as long as project milestones are being met…who cares? The modern office has turned into an unproductive high school cafeteria with all sorts of useless and mandatory crap from HR and the other useless offices that do nothing.