A hundred UK companies switch to four-day working week with no pay cut

Online lender Atom Bank has launched a four-day working week for staff without cutting their pay  (Atom Bank/PA)
Online lender Atom Bank has launched a four-day working week for staff without cutting their pay (Atom Bank/PA)

Hundreds of Brits are living a worker’s dream — a four-day week.

A hundred UK companies have signed up for a permanent four-day working week for all of their employees, with no loss of pay. This has been hailed as a milestone in the campaign to fundamentally change Britain’s approach to work.

The 100 companies employ 2,600 staff and they’re hoping to be at the forefront of a major shift in the UK’s attitude to work.

Most of the companies are in the services sector, such as technology, events, or marketing firms. Manufacturing and construction companies have also signed up, reports the Guardian.

Historians have likened the introduction of the four-day week to the 19th-century campaign for a two-day weekend.

Proponents of the move also say that the five-day pattern is a hangover from an earlier economic age and that it’s no longer relevant.

They argue that a four-day week would drive companies to improve their productivity, meaning they would achieve the same output in fewer hours.

For early adopters, the policy has reportedly proven a great way of attracting and retaining employees.

Some of the most well-known companies to have signed up include Atom Bank and global marketing company Awin, who each have about 450 staff in the UK.

Adam Ross, Awin’s chief executive, said that adopting the four-day week was: “one of the most transformative initiatives we’ve seen in the history of the company”.

“Over the course of the last year and a half, we have not only seen a tremendous increase in employee wellness and wellbeing but concurrently, our customer service and relations, as well as talent relations and retention also have benefited,” he added.

The UK campaign is co-ordinating the world’s biggest pilot scheme, for about 70 companies, to adopt the four-day trial week. This is in collaboration with the universities of Cambridge, Oxford, and Boston, as well as the think tank Autonomy.

In September, a survey revealed that 88 per cent of participating companies said that the four-day week was working “well” for their business. Meanwhile, 95 per cent said productivity had either stayed the same or improved.

Speaking to the Guardian, Joe Ryle, the UK campaign’s director, said: “We want to see a four-day week with no loss of pay become the normal way of working in this country by the end of the decade so we are aiming to sign up many more companies over the next few years.

“With many businesses struggling to afford 10% inflation pay rises, we’re starting to see increasing evidence that a four-day week with no loss of pay is being offered as an alternative solution.”

Full list of companies participating in four-day week:

  1. 3D Issue

  2. 448 Studio

  3. 64 Million Artists

  4. 92 Minutes Ltd

  5. Advantage Business Partnerships

  6. Advice Direct Scotland

  7. Atlas Translations

  8. Atom Bank

  9. Awin

  10. Autonomy

  11. Barefoot Architects

  12. BiBO

  13. Big Potato Games

  14. Blink

  15. Brett Nicholls Associates

  16. Butcher Bayley Architects

  17. Causeway Irish Housing Association

  18. Charlton Morris

  19. City to Sea

  20. CIVO

  21. CMG Technologies

  22. Coltech Global

  23. Common Knowledge

  24. Cooked Illustrations

  25. Crystallised

  26. DataLase

  27. DigiLab

  28. Digital Guerilla Consultancy

  29. Earth Science Partnership

  30. Elektra Lighting

  31. Escape the City

  32. ESG Gaming

  33. Esteem Training

  34. Evolved Search

  35. Flocc

  36. Formedix

  37. Forward Space

  38. Four Day Week Ltd

  39. Geeks for Social Change

  40. Gracefruit

  41. Greenpost

  42. Gungho Marketing

  43. HearFocus

  44. Hello Heat Pumps

  45. Hello Starling

  46. Highfield Professional Solutions

  47. JMK Solicitors

  48. Legacy Events

  49. LUX - The Food & Drink Agency

  50. MATS Consultancy

  51. MRL Consulting

  52. NEON (New Economy Organisers Network)

  53. New Vision Digital Marketing

  54. Oriel Square

  55. Original Consultants

  56. Paul David Smith Photography

  57. Pool Data

  58. Portcullis Legals

  59. PTHR

  60. Punch Creative

  61. Reboot

  62. Resilience Brokers

  63. Reward Agency

  64. SEOMG!

  65. Sinister Fish Games

  66. Social Enterprise Direct

  67. Softer Success

  68. STC Expeditions

  69. STOP AIDS

  70. Scottish Community Safety Network

  71. streamGO

  72. T-Cup

  73. Talewind Target Publishing

  74. Team Custard Kraken

  75. Team Norse Thunder

  76. Technovent

  77. The Circle

  78. Think Productive

  79. THRYVE

  80. Time Appointments

  81. Tribera

  82. Uniqodo

  83. UPAC Group

  84. Vault City Brewing

  85. Venture Stream

  86. Whyfield

  87. Xaso

  88. YWCA Scotland

  89. Zync Digital

  90. PureFluent

  91. Counting King Limited

  92. Trio Media

  93. BJP Consulting Group Ltd

  94. This Is Beyond

  95. Global Partners Digital

  96. LIT Communication

  97. Pollard Media

  98. Acuity Solutions

  99. Principles Agency

  100. Tyler Grange Group Ltd