Business News

Job ads for '4 day week' roles up 90% as businesses try new ways to fill vacancies

Published by
TBM Team

There are currently more job vacancies in the UK than there are unemployed people. As such, businesses and recruiters are having to think outside the box a little when it comes to making their workplaces and roles attractive.

The latest value add that companies are offering to potential employees is the promise of the much-talked-about 'four day week'. Where employees are paid their full 100% salary, in return for undertaking 80% of their usual hours.

This week in Britain, a trial involving 70 large companies is underway testing the practicality of the four day week, with the results due to be collected and analysed. Similar schemes abroad seem to suggest that productivity rises along with employee happiness and health...

It's something that some firms are already offering. In fact, recent research carried out by online job board CV-Library suggests that job postings advertising four day weeks are up some 89.6%.

Here are the sectors most embracing the concept (and the % rise in job ads offering four day weeks):

  • +492% Charities
  • +373% Distribution
  • +286% Catering
  • +247% Sales
  • +214% Administration

Lee Biggins, the founder and CEO of CV-Library says this about the move by employers: “We are seeing a huge increase in the number of four day week jobs being posted. A year ago, these types of jobs were negligible. A lot has changed in both the economy and the job market over the last 12 months and employers are having to seek new ways of attracting staff, over and above competitive pay and a pension.”

“Time will tell if this draws in job seekers, and we’ll be keeping a close eye on application numbers. It’s also crucial to see the results of the trials in place and if a four-day working week is viable and sustainable for businesses and not just a short-term solution to attract and retain top talent.”

READ MORE: 4-day working week trial commences

READ MORE: Azets to fill 10% of job vacancies with retirees and career breakers

TBM Team

Recent Posts

Halma acquires safety tech firm MK Test in £44m deal

Buckinghamshire tech company Halma has acquired transport safety firm MK Test Systems Limited. Headquartered in…

9 hours ago

Paragon Bank provides finance for West Sussex housing development

BRiCS Development has secured an £11.55 million finance facility with Paragon Bank’s Development Finance team…

9 hours ago

IT firm Mintivo appoints new Managing Director

IT services and solutions company Mintivo has appointed Alex Jukes as its new Managing Director…

10 hours ago

Bartlett Tree Experts to build new research facility in Wokingham woodland

Bartlett Tree Experts have announced its intention to build a new arboretum and research facility…

10 hours ago

New £3m imaging system to be developed at University of Surrey

The creation of a first-of-its-kind imaging system at the University of Surrey could help the…

10 hours ago

New chair of trustees at Open Sight Hampshire

Open Sight, which provides support across Hampshire to those living with or at risk of…

12 hours ago