Four-day workweek key to post-pandemic economic growth, business leader says

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Revenues have soared 32% since the council introduced a shorter working week.

For immediate release – Businesses can fuel their post-pandemic growth by implementing a four-day work week model, according to the experience of a technology consultancy.

THRYVE, an emerging and critical technology recruitment company based in London and operating in the German market, has seen a 31.9% increase in sales since the introduction of a shorter working week in 2021.

At the same time, customer satisfaction ratings based on quality of service and delivery increased to an unprecedented 100%, while worker productivity increased by a fifth (20%).

John Lennon, Managing Director of THRYVE, commented:

“The concept of the four-day work week is not new. Over the past three years, the number of recruitment ads that mention them has tripled, but they still represent less than 1% of all job ads.

“This suggests to me that beyond the hype around implementing a shorter working week, the appetite for changing traditional working practices remains low. I think the reason for this is the lack of publicly available evidence to support the business case for its introduction.

“As we emerge from the disruption and uncertainty of the past two years and enter the post-pandemic economy, now is the time for business leaders to rethink their existing work practices in a way that makes them reposition for future growth.

“That’s precisely what the four-day work week model can do.”

The positive impact on staff mental health and well-being is critical to the success of the four-day week model for THRYVE.

“The past two years have highlighted the need for employers to take better care of their employees, both in the context of psychological safety and supporting their mental health,” Lennon said.

In fact, after just three months, 84 percent of employees reported a significant drop in work-related stress, 9 out of 10 (89 percent) said they had become more productive, and 94 percent said they had a much better quality of work. work. life balance.

Lennon added, “Our experience has shown that the benefits and returns generated by adopting a four-day-a-week business model far outweigh those of not doing so.

“At a time of high employer demand and low talent availability, organizations must do everything possible to raise their profile as an employer of choice. After all, business growth depends on it.

For more information about THRYVE, please visit: https://www.thryvetalent.com/

ENDS

Notes to Editor:

For all media inquiries, please contact:

Olivia Evans-Mcaffery – [email protected]

Paul MacKenzie-Cummins – [email protected]/07453 755 057

A high resolution image of John Lennon is attached to this release.

THRYVE is Germany’s trusted technology partner disrupting the tech recruitment industry since 2014 from offices in Berlin, London and Munich.

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