BCBusiness

June 2024 – The Way We Work

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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31 B C B U S I N E S S . C A J U N E 2 0 24 i S t o c k /J e s a d a p h o r n C h aii n k a e w The four-day workweek is gaining popularity across the globe, but while some B.C. organizations have implemented it happily, others in the business community remain unconvinced by STEVE BURGESS Should B.C. have a permanent long weekend? SONIA FURSTENAU does not work a four-day week, but her BC Green Party staff does. "As soon as we got back in the legis- lature after the election," the party leader says, "I worked with our caucus team and our staff has been on a four-day workweek since November 2020." Between her overlapping roles as party leader and MLA, Furstenau herself does not get a three-day weekend. But she says she still sees benefits. "I am the happiest boss, I think, in the whole place," she says. "Our staff are healthy and happy. It's a joyful place to work. And I would argue that the productivity that I've seen from this staff has been consistently impressive. We have demonstrated a four-day workweek can work in an environment like this." It's perhaps not surprising that progres- sive politicians from Furstenau to Vermont senator Bernie Sanders are extolling the virtues of the four-day workweek. But they aren't the only ones. The World Economic Forum cites a number of global studies, including a large project conducted by researchers at Cambridge, Oxford and Boston College, that showed no loss of pro- ductivity, plus greater employee satisfac- tion and retention. Forty-six percent of the executives involved in the study reported a stable level of productivity, while 34 percent reported a slight increase. Eighty- six percent of respondents said it was either likely or extremely likely that they would continue the policy at the end of the trial period. YLaw, a Yaletown legal firm headed by Leena Yousefi, has been on a four-day week for the past four years. Yousefi's experience at a previous law firm, where motherhood and health issues forced her to adapt to a four-day week (and accept a pay cut) con- vinced her to adopt a pilot program at her own firm. "I had to accept that I was going to lose 20 percent of my profits," Yousefi

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