Monday, January 16, 2023

The four-day workweek is new standard for 40% of companies, EY survey finds - Rohan Goswami, CNBC

Forty percent of companies surveyed either have implemented or have begun to implement a four-day workweek, EY said in a press release, an approach that has gained popularity abroad but has seen little adoption in the U.S. until recently.  Hybrid work showed a marked uptick from 2021, the survey showed, with 70% of employers surveyed adopting a hybrid approach, which has employees working from home two to three days a week. The four-day workweek and the growth of a hybrid workforce are both parts of what EY said is a shifting landscape in real estate management for corporate leaders. “The economic downturn will force leaders to make important decisions regarding their real estate portfolios — from investments, to space optimization, to workforce models,” EY partner Mark Grinis said in the press release.