Want to work a 4-day week? You now have two extra months to convince your boss

Loading player...
The nonprofit 4 Day Week SA and its coalition of partner organisations have extended the deadline for companies to sign up to be part of a "pioneer pilot" study in South Africa, where employees will be paid 100% of their salaries to work 80% of the hours they did before. And that makes for two more months to convince your boss to give it a try. The study is due to start in early 2023, and initially the deadline to commit to participation had been set at a fairly tight end-October. Now, say those involved, companies can sign a collaboration agreement as late as 15 January. The trial itself is due to run for six months between February and July, but there is some run-up work to be done, such as establishing baseline metrics against which the success or failure of the change can be measured.
7 Nov 2022 10AM English South Africa Business News · Investing

Other recent episodes

One Year Into The Two-Pot System: How Much Have South African’s Withdrawn?

Guest - Nzwa Shoniwa, Managing Executive: Sanlam Umbrella Solutions From 1 September 2024 to 31 August 2025, Sanlam Corporate paid out approximately R4 billion across 223 000 emergency-pot claims with R1 billion in tax flowing to SARS. On average, we are paying out about R150 million a month, but when…
11 Sep 10AM 14 min

Discovery Group Delivers 30% Rise In Profits

Guest - Hylton Kallner, CEO of Discovery South Africa and Discovery Bank Discovery has delivered record results, posting a 30% surge in profit and entering a new phase of scaled growth with its two main composites, Discovery South Africa and Vitality. We’re joined by Hylton Kallner, CEO of Discovery South…
11 Sep 9AM 18 min

FirstRand Post 10% Rise In Earnings And An Impressive 20% Return On Equity

Guest – Mary Vilakazi – CEO of FirstRand South Africa’s largest banking group, FirstRand, has posted a 10% rise in earnings and an impressive 20% return on equity – well above peers – despite economic headwinds. In this episode, we speak to Mary Vilakazi, the Group CEO, about what drove…
11 Sep 9AM 16 min

What Tractor Sales Tell Us About The State Of Agriculture In South Africa?

Guest – Thabile Nkunjana, Agricultural Economist Agricultural Machinery Sales indicate that August tractor sales of 700 units were 22% more than the 572 units sold in August last year. There have been welcome reactions from agricultural associations about the increase in machinery sales.
10 Sep 10AM 20 min