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Is Corporate India Ready for the 4-day Work Week?

istock.com/sinseeho

14 September 2022

By Anil Thankachan and Premraj Pillai

Ever since the pandemic, businesses, old and new, began contemplating alternate ways of working. Worldwide, remote working was on the rise and once the global lockdowns eased out, companies started implementing hybrid working models wherever possible.

The triggers behind this shift can be partly credited to changing employee priorities and a renewed focus on employee well-being. While the 2020-21 period saw some of the best employee stickiness scores in a long time, in the aftermath of the pandemic, we have seen a resurgent market with both, employees and employers, re-examining the concept of flexibility at work in a big way. In recent news, Panasonic, the global electronics and home appliances giant, introduced the four-day work week as an option for its employees. The President and Group CEO stated that this initiative could help the company to "flexibly accommodate diverse situations of our employees”

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About the author(s)

Premraj Pillai

Principal, Talent Advisory

Gurgaon, Haryana

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