Calvert Jump, Robert ORCID: https://orcid.org/0000-0002-2967-512X and Stronge, Will (2020) The day after tomorrow: stress tests, affordability and the roadmap to the four day week. Discussion Paper. Autonomy Ltd, Hampshire.

Preview

PDF (Thinktank Discussion Paper) 31083_CALVERT_JUMP_Tomorrow_Stress tests_affordability_and_the _roadmap_to_the_four_day_week.pdf - Published Version Download (646kB) | Preview

Abstract

Summary of findings
• We provide a conservative, ‘worst-case’ scenario for the
impacts on profitability of a suddenly-implemented four
day week in the private sector.
• We find that a four day week with no loss of pay would
be affordable for most firms once the initial phase of the
Covid-19 crisis has passed.
• However, some firms in some industries would experience
cashflow problems if changes were implemented too
quickly.
• A four day week with no loss of pay will most likely be
implemented in the public sector before the private
sector.
• Public sector organisations could influence private
sector businesses through procurement policy and other
indirect routes.
• The process of changing expectations and behavioural
norms could be sped up by the creation of more bank
holidays, and the reintroduction of pro-union legislation.
Even if a four day week in the private sector took longer
than expected, a four day week in the public sector
could support the UK’s long-term recovery from the
Covid-19 crisis.

Item Type:	Monograph (Discussion Paper)
Uncontrolled Keywords:	Four day week, working time
Subjects:	B Philosophy. Psychology. Religion > BF Psychology H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Faculty / School / Research Centre / Research Group:	Faculty of Business
Last Modified:	29 Jul 2021 10:56
URI:	http://gala.gre.ac.uk/id/eprint/31083

Actions (login required)

View Item

Downloads