UK Bank Says Four-Day Week Is The 'Future of Working Life'

Six months after switching to a four-day working week, the UK's Atom Bank said it's seen benefits from talent retention to improved productivity. From a report: There was a 49% increase in job applications at the bank in January 2022 compared to a year ago, while staff retention rates have also risen, according to a press release Wednesday. Days lost to sickness fell over the period and customer service ratings also improved. The Durham, England-based challenger bank is one of a number of UK companies exploring new working patterns to meet growing demand for flexible employment following the pandemic. While some have questioned the feasibility of a shorter working week, Atom Bank has no such qualms. "We firmly believe the four-day week is the future of working life," said Anne-Marie Lister, chief people officer at Atom Bank. "We hope Atom's experiences will encourage more businesses to make the shift permanently."

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