4 Day Week Global named on TIME100 Most Influential Companies list
Fast-growing advocacy body 4 Day Week Global was today named as a TIME100 Most Influential Company. The organisation secured the coveted accolade by leading the global conversation about reduced work time, conducting research on the benefits, and facilitating thousands of companies from numerous sectors to make the permanent transition to reduced-hour, output-focused working with no loss of pay.
Appearing alongside titans such as Apple, Microsoft and Disney, 4 Day Week Global has undoubtably made an indelible impact on the world of work. Since its inception in 2019, the concept of a 4 day week has quickly evolved from a fanciful notion to a prosperous reality, with countless organisations and many governments now experimenting with their 100-80-100™ model.
Over the past year, the non-profit has published research detailing the experience of companies on their 4 day week pilot programs across the US, Canada, UK, Ireland, Australia and New Zealand. Findings are unanimously positive, with significant reductions in levels of stress, burnout and fatigue. Participants also enjoy remarkable business outcomes, with increased levels of retention and drops in absenteeism observed.
Andrew Barnes, Entrepreneur and 4 Day Week Global co-founder said: “You don’t get many chances to change the world. What started as a small experiment at a single company in 2018 has swiftly become an unstoppable movement. At the rate it’s growing, I believe the reduced-hour approach to work will become mainstream policy within the next five years.”
Dr Dale Whelehan, CEO at 4 Day Week Global said: “This is an immensely proud day for us. We are a team of just ten people across five continents, so to be listed alongside such illustrious names is a huge honour. Today is not only a testament to the benefits of the 4 day week, but a celebration of the difference a small group of passionate, talented individuals can make through hard work and dedication.”
ENDS
Notes to the editor
To assemble this third-annual list which highlights companies making an extraordinary impact around the world, TIME solicited nominations from its global network of contributors and correspondents as well as from outside experts. Then TIME editors evaluated each on key factors, including impact, innovation, ambition, and success. The result is a diverse group of 100 businesses helping chart an essential path forward.
See the full TIME100 Companies list here: time.com/100companies
For more information on 4 Day Week Global’s research, see here: 4dayweek.com/research
To participate in a 4 Day Week Global pilot program, see here: 4dayweek.com/pilot-program
About 4 Day Week Global
4 Day Week Global was founded in New Zealand by entrepreneurs and philanthropists Andrew Barnes and Charlotte Lockhart following the world-renowned success of their pioneering trial of the 4 Day Week in Perpetual Guardian.
Since then, 4 Day Week Global has engaged with thousands of companies from a variety of industries all over the world to make the permanent transition to reduced-hour, output-focused working. In 2022 4 Day Week Global guided approximately 200 organisations through pilot programs and is running further quarterly global pilots in 2023.
The approach is based on the 100-80-100™ model designed by Lockhart alongside the Perpetual Guardian trial in 2018. That’s 100% of the pay, for 80% of the time, in exchange for a commitment to delivering 100% of the output.
In 2023 4 Day Week Global formed a partnership with Alex Soojung-Kim Pang to further develop the global consultancy and broaden the research.
4 Day Week Global’s ambition is to make a 4 Day Week the new default and reduced working time the new standard. Its intention is to lead and grow the global movement for a shorter working week to make it a reality all over the world.
