A new survey report from the International Foundation of Employee Benefit Plans reveals the flexible work arrangements offered by companies across the United States. Key findings from Four-Day Workweek: 2023 Survey Results include the type of non-traditional schedules offered, and reasons for and challenges of implementing four-day workweek schedules.

Four-Day Workweek

Five percent of employers are offering a four-day workweek, either as a formal policy or on a case-by-case basis. The survey defined a four-day workweek as decreasing the required weekly work hours from 40 to 32 hours. One percent of employers are in the process of piloting a four-day schedule, and an additional 14% of employers are considering implementation. Compressed workweeks, defined as working 40-hours in less than five days, are offered by 24%.

Employers cited the following reasons for implementing a four-day, 32-hour workweek:

• Request by employees—41%
• Retention strategy—36%
• Work-life balance / rethinking company culture—36%
• Recruitment strategy—27%.

While some respondents have implemented a four-day workweek company-wide, many offer it only for certain job functions, specific employee levels or in certain locations.

Challenges

Employers that do not offer four-day workweeks indicated the following reasons and concerns:

• Lack of interest by upper management—42%
• Difficulty implementing it organization-wide—38%
• Negative impact on business operations—36%
• Unsure if it would work with organization structure—36%
• Unable to support customer base—32%.

When discussing flexible workweeks with Julie Stich, CEBS, Vice President of Content at the International Foundation, she said that as the traditional work week saw a major upheaval with the pandemic, a few employers are implementing a four-day workweek for recruiting and retention reasons. However, most employers, even if interested, are struggling to figure out how to make that a reality while trying to meet business operation goals.

Flexible Work Arrangements

In the aftermath of the pandemic, flexible work schedules remain common. Employers are offering several non-traditional schedule options, with one or more remote work options being the most common. Overall, 88% of respondents offer some type of remote option (fully remote and/or hybrid).  

Flexible work arrangements offered include:

• Working remotely on certain days of the week (hybrid)—75%
• Flexible work hours—61%
• Working remotely full-time—50%
• Part-time schedule—35%
• Compressed workweeks—24%.

For more information and to view full survey results, visit www.ifebp.org/fourdayweek.