British banking startup Atom on Tuesday stated it was permitting all employees to scale back their working week whereas remaining on the identical pay to spice up psychological and bodily wellbeing.
Since the beginning of November when the change was launched, a majority of the fintech’s 430 staff have taken up the supply to work 34 hours over 4 days, Atom stated in a press release.
This compares with 37 hours over a conventional UK five-day working week.
The app-based lender stated it was the biggest firm in Britain to supply all employees a lowered working week with no lack of pay.
“Atom’s move to a four-day working week is to support improved employee mental and physical wellbeing together with improved business productivity,” the assertion stated.
The financial institution added that it was nonetheless providing prospects companies seven days every week.
Atom chief government Mark Mullen famous that for the reason that coronavirus pandemic erupted worldwide in March final yr, it had develop into evident that “many roles could be accomplished as effectively and productively from peoples’ personal properties as from the workplace.
“But why stop there? More can be done—more needs to change,” he added.
© 2021 AFP
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UK fintech places employees on shorter week in well being transfer (2021, November 23)
retrieved 23 November 2021
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