Tuesday, April 12

4 Day Workweek

KNOXVILLE, Tenn. (WATE) — Not everyone is an expert in human resources or business management and there are terms used among professionals in these industries that could be useful to others whom are employed; emerging data on the four-day workweek calls attention to some terms used among management experts and the history of the American workweek.

Academics and business industry professionals are talking more about the four-day workweek and discussions have been happening for years. Tim Munyon, associate professor of management at UT Haslam College of Business, offered both a history lesson on the topic as well as what some of the terms used actually mean. Munyon also touched on some recent studies and academic literature aimed at not only employee productivity but also the historical effects.

Recently, the shortened American workweek became a trending topic among international media and on social media when a study out of Iceland called the four-day workweek a success and a California congressman introduced legislation to modify the workweek last summer that was endorsed by the Congressional Progressive Caucus in December.

Terms defined
Business researchers are finding that more companies are considering or switching to a results-only work environment, or ROWE that focuses on complete autonomy and accountability for outcomes only.

A broader approach to ROWE some companies are taking includes flexible work practices or FWP, which have seen positive effects according to research prior to the coronavirus pandemic – and after – but meta-analyses (“studies of studies, as Munyon put it) on these practices are still being developed that aim to reduce or and bias.

A peer-reviewed business research study published in late 2017 explored the different avenues of FWP and how companies attract potential employees – and keep them – utilizing FWPs. Overall, FWPs produce positive results, according to the meta-analyses, and Munyon summarizes this when asked about FWPs and ROWEs.  READ MORE...

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