Are the days of clocking in and out Monday to Friday really over? With agile working increasingly adopted in many companies – and the possibility of the four-day week – what does that mean for us, our lives, our families and our finances?
Recent reports have called for the introduction of the four-day week. The Labour Party are backing it, with Shadow Chancellor John McDonnell aiming for, “A shorter working week with no loss of pay.” Sounds great, doesn’t it?
While this has been branded unfeasible and impractical in some sectors, more and more companies are successfully implementing reduced hours. They’re reporting that morale is higher, retention is better, recruitment is easier – and staff come back to work feeling more refreshed.
The 4 Day Week campaign – active on Facebook and Twitter – claims that, “A shorter working week could help to address a range of urgent, interlinked problems: overworked employees, unemployment, over-consumption, high carbon emissions, low well-being, entrenched inequalities, and the lack of time to live sustainably, to care for each other, and to simply enjoy life.”
The benefits for our physical and emotional well-being seem clear. But what about our financial well-being? Yes, we’d all like to enjoy more free time. But can we afford to?
Labour’s ideal aside – as society shifts towards more agile, reduced-hours working, how can we ensure we have the means to take advantage of increased leisure opportunities? If working less means earning less too, how can we “simply enjoy life”?
That’s where Crystal comes in. We can help you plan, grow and save so that your financial well-being evolves in tandem with your life.
We believe it’s never okay to get bad advice. As trusted experts, we offer clear, straight-forward financial guidance and policies. Get in touch for a free no-obligation consultation – and see how we can help you organise your finances for a better, sweeter, more flexible and fun-filled future. Call us on 01270 446600 or visit our Financial Well-Being website for more information.