This multi-national company to experiment 4-day work week for employees with no pay cuts

A multi-national company in New Zealand is going to start 4-day work week for employees with no pay cuts. The trial will be a year long experience, said Unilever New Zealand, adding all 81 employees will be eligible to participate beginning this month. The company may also consider it adopting globally.
According to AFP, Unilever New Zealand managing director Nick Bangs said, “Our goal is to measure performance on output, not time. We believe the old ways of working are outdated and no longer fit for purpose.”
Unilever New Zealand’s participating employees will retain their salaries at 100 percent while working 80 per cent of the time, with empowerment and flexibility determining when and how they work best within the new structure.
Momentum for a four-day work week is growing in the wake of the Covid-19 upheaval of standard working practices, says Nick Bangs.
ALSO READ | Tata Group-Coffee Day beverage vending machine business deal hits hurdle: What we know


