How will it work?
Our medium term objective is to move towards the four day week being the standard work arrangement across the economy, with no loss of pay. As with the five day week today, it will not be the only work arrangement – For some sectors, employments and workers, different variances of reduced working hours and a shorter working week will need to co-exist alongside the benchmark of the four day week.
We do not mean that everyone will have a ‘three day weekend’ – Strong management and clever rostering will need to ensure that businesses and public services can function for 5 or in some cases even 7 days, alongside a shorter working week for all workers. This can be achieved through a combination of the following necessary interventions:
- Labour market competition – Public demand and business leadership
- Strong trade unions and collective bargaining
- Government influence and public contracting