99% of Companies Will Not Even Consider a Four-Day Workweek
Atom Bank did, and here's what happened:
Atom Bank's CEO, Mark Mullen, successfully led the company to a four-day workweek and achieved remarkable results.
This aligns perfectly with the data and what folks like Alex Soojung-Kim Pang have been shouting about for years.
4-Day Workweeks create Win/Wins and elevate impact and performance.
Here's The Banks Four Most Impactful Learnings
β
Easier Implementation
Atom Bank's four-day workweek, introduced in 2021, was significantly easier to implement compared to hybrid policies, proving that major shifts in work practices can be executed smoothly.
π Improved Employee Well-being
The reduced workweek led to lower attrition and sickness rates, highlighting the positive impact on employee health and retention.
πΌ Operational Success
The bank saw increased operational efficiency and secured its first-ever profit, demonstrating the financial viability of a four-day workweek.
π Enhanced Flexibility
Employees are free to work from anywhere, fostering a flexible and supportive work environment without mandatory office days, in stark contrast to the rigid hybrid models in other banks.
We're now building use cases in the legal profession.
Rigid schedules and relentless 80+ hour weeks drive away some of the best legal talent, including mothers, parents, and those with caregiving responsibilities.
Work culture in legal burnout and attrition in your legal team.
Working longer β
Working smarter β
The legal industry is notorious for its demanding hours and lack of flexibility, which lead to burnout and high attrition rates. As the landscape evolves with technology and innovation, including generative AI, now is the perfect time to evaluate our workweek structure.
Millennials and Gen Z will soon comprise 75% of the workforceβ by 2025. They value flexibility, purpose, and a balanced work-life.
Here's how a 4-day workweek can change the game. π
Implementing a four-day workweek can make your legal team more agile, productive, and satisfied.
π In my book, Talent in the Legal Profession: How to Attract and Retain Top Talent, I discuss how the pandemic has forever changed our practice.
π’ While some firms have returned to the office, more have permanently embraced remote and hybrid work, and the data strongly supports the benefits of a four-day workweek.
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JOIN OUR WEBINAR
ποΈ Date & Time: July 16, @11am PT (1pm ET; 7pm UK).
π About Me
I am Charlotte Smith, founder of Level7 Legal, specializing in workplace training, executive coaching, and leadership development for legal teams. My mission is to drive sustainable and impactful working methods in law by prioritizing people.
π About: Alex Soojung-Kim Pang
Author of three influential books on rest and the four-day workweek:
β’ Rest: Why You Get More Done When You Work Less
β’ Shorter: Work Better, Smarter and Less
β’ The Distraction Addiction
With twenty years of experience studying people and technology, Alex is a former Microsoft Research fellow, visiting scholar at Stanford and Oxford, and senior consultant at Strategic Business Insights. He now directs programs at 4 Day Week Global, helping organizations create millions of new free hours for a better work-life balance.
ποΈ What We Will Discuss:
π The benefits and challenges of a four-day workweek for legal teams
π How to implement a four-day workweek without sacrificing productivity
π Strategies for overcoming industry-specific inefficiencies
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