Less Working Hours Same Productivity
When will NZ go into the 4 day working week? It cannot be too far off surely.
Of course it wont be for everyone because some industries have different requirements but for the large majority it will work and you can guarantee that productivity is unlikely to suffer. In fact it could increase due to the incentive produced.
Iceland, a wealthy tier one country like NZ, has experienced a 35 hour working week for 86% of its working population over a 4 year period and the results are appreciative workers with no productivity losses and no reduction in wages/salaries.
Next on the cards for Iceland is the 4 day working week and this is due to also be experimented in several other wealthy European countries. It has been envisaged in France for some years now but the plunge is still to be taken.
The 4 day week is expected to increase daily working hours to nine hours to produce a 36 hour working week and most businesses will close either on the Monday or Friday to create an elongated weekend. But there are also several other options such as some staff on and some off scenario and mid week day off.
Who can crack this riddle first?
I am a word that looks the same backward and upside down. What am I?
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Poll: Have you ever had a scary flight?
A plane flying from Christchurch to Wellington on Sunday had smoke billowing out of the engine and upon landing, passengers had to open the emergency exit and jump out. Have you had any scary flying experiences?
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57.1% Yes!
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42.9% No, it's always been smooth flying
LIVE Q&A: Financial well-being with Cat Rikihana
Today (Wednesday) we're having another Neighbourly Q&A session. This time with Cat Rikihana who is a financial mentor, educator and financial capability practitioner at Financial Freedom Trust in the Manawatū.
Cat Rikihana (Ngai Tahu) like many financial mentors around Aotearoa, works with individuals, groups and whānau to successfully navigate financial stress and hardship. Mentors work alongside whānau to increase confidence and skills in personal money management and advocate with and for clients. Cat enjoys delivering online and face-to-face workshops which provide opportunities to normalise money conversations and encourages people to make time to consider their financial well-being.
Cat is also an independent financial well-being coach, educator and indigenous life coach at Restore Wellness Network. She is a published writer and currently in the process of writing her first non-fiction book: 'A financial self-care guide for women in Aotearoa.'
She'd love to answer any questions you may have around your budgeting and spending habits, strategies for saving, retirement planning and debt. (Don't be shy, but be mindful about what you disclose!)
↓ Share your questions now and Cat will reply to your comment below ↓
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