{"id":18561,"date":"2020-06-03T15:30:22","date_gmt":"2020-06-03T19:30:22","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/will-the-four-day-workweek-become-the-norm-post-coronavirus-146644"},"modified":"2020-06-03T15:30:22","modified_gmt":"2020-06-03T19:30:22","slug":"will-the-four-day-workweek-become-the-norm-post-coronavirus","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/06\/03\/will-the-four-day-workweek-become-the-norm-post-coronavirus\/","title":{"rendered":"Will the four-day workweek become the norm post-coronavirus?"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2016\/05\/FlexibleWorking-Shutterstock.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"Will the four-day workweek become the norm post-coronavirus?\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff <\/span>&nbsp;|&nbsp;June 3, 2020 <\/p>\n<p>If employee productivity increases by two per cent per year for the next decade, Canadians could&nbsp;enjoy a four-day workweek without giving up income or sacrificing their living standards, according to a new study by the Fraser Institute.<\/p>\n<p>\u201cIn light of the COVID-19 lockdown, there\u2019s been a lot of talk about a possible four-day workweek in Canada,\u201d&nbsp;said Steven Globerman, a senior fellow at the institute and author of the study.&nbsp;\u201cBut to achieve a four-day workweek where we actually work fewer hours while at the same time maintaining our current living standards, we need to be more productive.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/my-take-making-it-work-four-days-a-week-139699\">My Take: Making it work, four days a week<\/a><\/strong><\/p>\n<p>With&nbsp;two per cent productivity growth per year,&nbsp;employees would even enjoy an inflation-adjusted cumulative 1.5 per cent increase in income, noted the study. But how realistic is&nbsp;it to aim for a two per cent annual increase in labour productivity?<\/p>\n<p>It would about double the productivity growth rate experienced in recent years. However, since labour productivity in Canada\u2019s business sector increased at around two per cent a year from 1961 to 2012, the target isn\u2019t unrealistic, said the study, noting the goal of returning to the country\u2019s long-run productivity growth performance deserves a prominent place on the policy agendas of the federal and provincial governments.<\/p>\n<p>\u201cIf governments pursue policies that encourage entrepreneurship and innovation, worker productivity will rise and Canadians will be able to enjoy more leisure time,\u201d said Globerman.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/flexible-offices-could-contribute-to-local-canadian-economies-in-next-decade-study-139187\">Flexible offices could contribute to local Canadian economies in next decade: study<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/will-the-four-day-workweek-become-the-norm-post-coronavirus-146644\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff &nbsp;|&nbsp;June 3, 2020 If employee productivity increases by two per cent per year for the next decade, Canadians could&nbsp;enjoy a four-day workweek without giving up income or sacrificing their living standards, according to&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18561"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=18561"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18561\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=18561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=18561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}