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1 min read
June 15, 2022
by

Worker robots have zero chill

We Kiwis love a 4-day week to hit the surf or snow, tinker in the garage, or Netflix ‘n’ chill. 🏂 So it makes sense that an Aotearoa New Zealand non-profit is leading the world’s biggest 4-day week experiment in old Blighty. Yep, that’s 32 hours on full pay. Wonder what old mate Elon thinks…? 🤔
1 min read
June 15, 2022
by

Worker robots have zero chill

We Kiwis love a 4-day week to hit the surf or snow, tinker in the garage, or Netflix ‘n’ chill. 🏂 So it makes sense that an Aotearoa New Zealand non-profit is leading the world’s biggest 4-day week experiment in old Blighty. Yep, that’s 32 hours on full pay. Wonder what old mate Elon thinks…? 🤔
1 min read
June 15, 2022
by

Worker robots have zero chill

We Kiwis love a 4-day week to hit the surf or snow, tinker in the garage, or Netflix ‘n’ chill. 🏂 So it makes sense that an Aotearoa New Zealand non-profit is leading the world’s biggest 4-day week experiment in old Blighty. Yep, that’s 32 hours on full pay. Wonder what old mate Elon thinks…? 🤔
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Matariki celebrations are just around the corner with the new and very much needed national holiday on June 24 and another 4-day work week to add to the calendar. But what about a 4-day work week every week? Kiwi non-profit Autonomy thinks it’s the way to go. The group has started the world’s biggest 4-day work experiment in the UK with more than 70 companies trialling 32-hour work weeks for six months, without cutting pay. Where do we sign up! 🙋

The idea sounds great, in theory. In practice, a 4-day work week can come with gnarly challenges. For service companies like Starbucks (SBUX) or Burger King (QSR) that need to stay open throughout the week, a 4-day work week means hiring extra staff or paying more in overtime. At a time when companies are already suffering severe worker shortages, and inflation hitting 40-year highs, that seems especially… tricky? Let’s just hope we can work it out before the robots take over. Sales of industrial robots in North America rocketed 28% in the first quarter of 2022 and as Google’s AI becomes creepily human, could they soon be filling the gap?

Meanwhile, a lot of corporate managers have been demanding their human employees march back to the office like lemmings, something the managers themselves don’t appear to want to do. #zerochill. Perhaps that’s why Tesla (TSLA) CEO Elon Musk has threatened to sack Tesla executives who don’t show up for 40 hours a week in the office. Musk can’t have seen the memo from Airbnb (ABNB) CEO Brian Chesky whose ‘work from anywhere’ policy has seen the company flooded with more than 1 million visits to their job website. At least Apple’s trying to find a balance between the two. CEO Tim Cook says Apple (AAPL) is running ‘the mother of all experiments’ and trying to find a happy middle ground between WFH and WF-UFO. 👽

We’re not financial advisors and Hatch news is for your information only. However dazzling our writing, none of it is a recommendation to invest in any of the companies or funds mentioned. If you want support before making any investment decisions, consider seeking financial advice from a licensed provider. We’ve done our best to ensure all information is current when we pushed ‘publish’ on this article. And of course, with investing, your money isn’t guaranteed to grow and there’s always a risk you might lose money.

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