23 December 2024
With effect from 1 January 2025, AFAS will introduce a four-day working week for all its employees, who will retain their current five-day salary. Employees already working less than five days will be compensated.
Incidentally, AFAS is not the first company in the Netherlands to implement such a measure. More than three years ago, Achmea adjusted its standard 36-hour working week on 1 January 2021 to 34 hours per week with salary retention.
Worldwide, many companies are already experimenting with pilots for a four-day working week, often with positive results. Employees are reportedly more productive in four days than they are in five, and the extra day off means they have a better work-life balance. As a bonus, there is also a reduction in overheads as the office needs to be open for one day less. Moreover, attractive employment conditions are no luxury in today’s overheated labour market.
Are you considering following the example of AFAS and Achmea, and introducing a structurally shorter working week with equal pay? Then be aware that you are changing the employment conditions. For instance, if you have more than 50 employees, the works council will have to be consulted beforehand. In addition, you would be wise to implement such a change carefully. Which day will be the day off? Will this day be the same for all employees? How will you handle employees working from home?
Can you appreciate the benefits of a shorter working week, but is a four-day week not feasible in your company? We are your sparring partner in designing policies appropriate for your business. Please do not hesitate to contact us without any obligation.
